KISUMU | Lake View Resort City | Proposed

[desert burner]

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

[desert burner]

the project can be launched anytime, the pdf form of the project it was difficult for me to post

[desert burner]

TITLE: Lake View Resort City

AUTHOR: RRMiller TourismROI

DATE: Monday, December 22, 2008 1:40:16 PM



1. INTRODUCTION

Kenya Railways is a State Corporation established
under The Kenya Railways Corporation Act (Cap 397)
of the Laws of Kenya.

In line with Kenya’s Vision 2030 which aims at making
Kenya a competitive and prosperous nation the
Corporation’s mandate is;

1. Management of the Concession
2. Management of Non-Conceded Assets
3. Promotion, facilitation and participation in
metropolitan mass transit systems
4. Development of the national railway network
5. Development and management of Inland
waterways
6. Management of Railway Training Institute

As part of the Corporation’s mandate to develop its
assets, Kenya Railways has developed a strategy to
create exciting and innovative property developments.
One of the key developments is Lake View Resort
City on the shores of Lake Victoria in Kisumu City.

2. LOCATION OF LAKE VIEW RESORT CITY

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. The site is sandwiched between Kisumu Port and Nyanza Provincial Headquarters.

The 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

3. KISUMU CITY

Kisumu is an attractive city on the shores of Lake Victoria. The City was established as
Port Florence, the lake side terminal of Uganda Railways, over a century ago. The city
grew into a trade and transport hub. Kisumu prosperity gained momentum after the
formation of East African community and its fortunes declined soon after collapse
of the community in 1977. The City is poised to regain its former status as a regional
hub especially after being named one of seven Africa Millennium Cities under The
Millennium Cities Initiative.

4. THE 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 the 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 organizations
6. Provision of high quality business and trading premises for local businesses
7. The BPO Park will tranform Kisumu City into an International Business Centre

5 . PROJECT IMPLEMANTATION

a) Lake View Resort City
Finance and development is expected to be by way of
Joint Venture (JV) between Kenya Railways and Interested
Investors.
b) Metropolitan Railway System
Kenya Railways along with other stakeholders will develop
and finance the project by way of Franchise or Build Operate
Transfer (BOT) or Joint Venture (JV) or long term franchise.

from another source:http://www.tourismroi.com/InteriorInvest.aspx?id=29678

[qymekkam]

another "city" project

[Kenguy]

Originally Posted by qymekkam

another "city" project

Makes the project sound more grand. If it was called lakeview resort village, people would assume its just a hotel or some residential project. Then again, in Kisumu, the word 'city' tends to find extra prominence.

[qymekkam]

Originally Posted by Kenguy

Makes the project sound more grand. If it was called lakeview resort village, people would assume its just a hotel or some residential project. Then again, in Kisumu, the word 'city' tends to find extra prominence.

why not just lakeview resort

[Kenguy]

Originally Posted by qymekkam

why not just lakeview resort

It still wouldn't have the needed effect. Most will think its just another hotel. This project has a BPO park site and office blocks as well as hotels and a mall.

[Adm.Adama]

Any updates or did the project die