Kenya
Nairobi Province
Sector
Property
Tourism & Leisure
Foreign and local investors have the opportunity to get involved in Kenya's tourism and property sectors by investing in the proposed Golf City development.
Kenya Railways, as part of its mandate to develop its assets, has developed a strategy to create exciting and innovative property developments. One key development is Golf City in the capital Nairobi.
Location
The proposed Golf City will be located on two properties belonging to Kenya Railways and the Kenya Railways Staff Retirement Benefits Scheme:
a) The Railway Golf Club on the east of Haile Selassie Avenue measuring 63 acres
b) The Railway Club on the west of Haile Selassie Avenue and bordering Uhuru Park
Project Features
The project will involve the development of the following facilities:
Provision has been made for the future construction of a metropolitan rail terminal connecting the facility with Jomo Kenyatta International Airport and the rest of the city.
Project Benefits
Some of the direct benefits accruing to the City of Nairobi as a result of the proposed development are:
a) Increased hotel bed and conference capacity for Nairobi that will attract conference and leisure tourism.
b) State-of-the art commercial facilities for business and trade.
c) The architecture and the buildings will be an icon for Nairobi and improve the city skyline.
d) The revamped golf course will
add to the scenic beauty of Nairobi.
e) Job creation in tourism, recreation, construction, etc.
f) The provision of a metro terminal will help reduce congestion and improve passenger transport in Nairobi.
Project Implementation
Finance and development will be through a joint venture between Kenya Railways and interested investors.
Investors interested in this opportunity should contact Joseph Nduva Muli, Managing Director of Kenya Railways at nmuli@krc.co.ke
