Promoter: Kenya Tourist Development Corporation (KTDC)
Client: Bomas of Kenya
Company profile: Established in 1972, the Bomas of Kenya is set on an 83 acre leasehold site in Langata, Nairobi, land which is currently under-utilized. Its principal economic activity is to present cultural entertainment and displays such as traditional arts to both local and foreign tourists. Existing facilities include a bar, restaurant and an auditorium for hire. Gate collections from visitors coming to watch cultural dances account for 60% of the total revenue. Optimum use of existing facilities and the development of new ones would make Bomas of Kenya a profitable venture.
Investment opportunities for joint partnerships
1. Bomas of
Kenya Tourist Hotel Project
The site is close to Nairobi National Park and the Animal orphanage . It is also off the way from vehicular traffic seen in the Central Business District where a good number of hotels are located. The location is also quiet, making it very ideal for conferences, workshops and seminars.
Cost of Investment: The feasibility study that was undertaken was for a 5-star 100-bed hotel, but current indications are that a 200-bed hotel of international standards would be a more ideal propositions. The study indicates the project will caost an estimated US$5 million to develop the 100-bed hotel project which will include a big conference centre, swimming pool and other amenities.
2. Bomas of Kenya Amusement Park Project
This would be
the first amusement park in Kenya, proposed to be modelled to famous parks around the world. The park is expected to attract both local residents and foreign tourists, especially given the current limited forms of entertainment available.
Park features will include roller coasters, children playground, a continuos film in a “futuristic theatre”, fun fair with ferries wheel, dodgems, mechanical games and a massive swimming pool with several gigantic slides that should accommodate several hundred people.
Cost of investment: The project is estimated to cost an estimated USD 2.4 million, with a large chunk going towards developing the above components of the project.
For further information on business opportunities at the Bomas of Kenya contact the Kenya Tourist Development Corporation.
Key contact: Julie Njeru
Acting Chief Executive,
KTDC
Email: info@ktdc.co.ke
Website: http://www.ktdc.co.ke/
