12/3/09

Kigali's Skyline to Gain From New $60 Million 5-Star Hotel

Kigali City is set to have a new
world class five-star hotel in a
record time of 28 months as
construction works have kicked off
with the Minister of Economic Planning
and Finance, James Musoni gracing
the ground-breaking ceremony
on Monday at the former Jali Club.

Billy Cheung, the New Century Development
Limited Chief Executive Officer (CEO)
said at the ceremony that, "We are
very grateful for having taken
this remarkable step of construction
that will avail a truly 5-star hotel standard
on the Rwandan market.

We are very optimistic that
everything will go successfully
as laid out in the plan."

Cheung said that the preliminary
decision was based on their
unanimous intuition that Rwanda
is committed to creating one of
the world's best destinations
for investment and businesses.

"The subsequent feasibility study
proved us right and we are indeed
proud to be part of the
country's developmental agenda
pegged on rebuilding a country
that was left in tatters as a
result of the 1994 genocide,"
says the CEO.

"We are aware of this
country's reputation of sticking
to project's timelines and quality.

We have, as such, put in place
a strategy that will successfully
guide us to achieving the set target.

We pledged not to cause
a reputation loss" he further said.
 
The hotel, expected to cost
$60 million in terms of investment,
will have 242 rooms ranging
from deluxe rooms to Presidential Suites.

Marriott Hotels International Ltd Group,
an internationally acclaimed
operator, has already been
engaged on the exercise of
hotel management to ensure
a successfully market entry of the hotel.

"We intend to build the Hotel and
arrange for its management as
we go long. We embarked on
the process to engage
an International hotel Operator,
and here we are to proudly present
to you the Marriott Hotels
International Ltd Group," Cheung said.

"We have spent considerable
professional time and other
resources working with
the Marriott group
on the design of the hotel
and management aspects of
our long-term engagement
with them," he added.

Link here

--
J-L K

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