Kenya’s Cabinet Secretary for Tourism, the Hon. Najib Balala, while officially opening the new Hill Park Resort in Diani, reminds the hospitality industry of a range of incentives put into place for the duty free importation of hotel equipment to aid the sector with modernization and to make refurbishments more affordable. This goes hand in hand with other recent reports that the Kenyan government will make available low interest loans costing less than half of what the present market interest rates for commercial bank loans are, again aimed to spur a wave of refurbishments among coastal resorts now that the tourism industry is on a growth curve again.
The funding has been made available by both the World Bank and the French Government and will be handled by a yet to be announced commercial bank on behalf of the lenders.
Hoteliers have been advised to take advantage of duty free importation of hotel refurbishment materials to give a facelift to their properties.
Tourism Cabinet Secretary Najib Balala says regular improvement of accommodation facilities was a global acceptable trend that will put hospitality sector on the expected standards.
The CS made the remarks yesterday evening when he presided over the official opening of Hill Park Amare Resort in Diani, Kwale County.
The Kshs 200 million facility is targeting honeymooners and is billed as one of the new tourism products to spice up the beach product known for the coastal region.
While lauding the proprietors of the facility, Balala termed the investment as an indication of local investors’ confidence on the growth of the tourism…
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