Kenya
Sector
Property
Tourism & Leisure
Local and foreign companies have the opportunity to invest in the development of the Lake View Resort City on the shores of Lake Victoria in Kisumu City.
Kenya Railways, as part of its mandate to develop its assets, has developed a strategy to create exciting and innovative property developments. One of the key developments is the Lake View Resort City.
Location
The proposed Lake View Resort City will be located on the Kenya Railways land measuring 20 acres in Kisumu City on the shores of Lake Victoria. It will be situated between Jomo Kenyatta Highway, Bank Street, the railway station and the State Lodge.
Project Description
The project will involve the development of the following facilities:
1. Five star hotel – 400 rooms
2. Two three star hotels – 300 rooms each
3. Conference facilities for over 2000 people
4. Office park –
10 commercial buildings
5. Car park – 2000 cars
6. Entertainment and recreation areas
7. Shopping Mall
8. Business Process Outsourcing (BPO) Park
Project Benefits
1. Transformation of Kisumu as a destination of choice for both leisure and conference tourism
2. Provision of commercial and business opportunities for residents of Kisumu
3. Creation and stimulation of value adding activities in the region
4. Creation of job opportunities in construction, hospitality, travel, marine sectors, etc.
5. Provision of high quality office space that will attract government, private sector and non-governmental organisations
6. Provision of high quality business and trading premises for local businesses
7. The BPO Park will transform Kisumu City into an International Business Centre
Project Implementation
Finance and development is expected to be by the way of a joint venture between Kenya Railways and interested investors.
For more information on this opportunity please contact Kenya Railways at info@kenyarailways.co.ke
