Turkish firm to build three luxury hotels in Rwanda

Publish September 22, 2022
tourism

A TURKISH COMPANY, Doğuş Group, is looking into investing in Rwanda’s hospitality sector by setting up at least three luxury resort hotels.

This was announced by Ferit Şahenk, the group chairman, following his meeting with Prime Minister Edouard Ngirente which was held in Kigali.

According to him, they plan to construct high-end luxury hotels and restaurants in Kigali and Karongi district, especially around the Lake Kivu belt.

Doğuş Group is one of the largest private conglomerates in Turkey. It has a portfolio of 250 companies in seven industries, including high-end car dealerships, retail stores, restaurants, cafes, construction companies, radio stations, and media and tourism businesses.

The group currently has operations in 29 countries, with major operations in different regions such as the Middle East, North Africa, Eastern Europe, and Gulf Countries.

The development was announced by Ferit Şahenk, the chairman of Doğuş Group, who is currently in the country to look for potential areas of investment.This is the fourth time he is visits, according to him.

“Rwanda will be our capital and headquarters in the future to grow from to further other African countries,” he said.

He said that Doğuş Construction is committed to establishing a regional office in Rwanda and bringing on board the teams to assess all necessary technical aspects of the projects in the various sectors.

Sahenk added that they are also planning on taking a number of young Rwandans in the hospitality industry for training in Turkey.

He added that he is looking forward to working with the ministries in charge to set up a hospitality school in Rwanda.

Clare Akamanzi, the CEO of Rwanda Development Board who attended the meeting with the Prime Minister said that Rwanda was pleased to host an investor from such a major corporation with interests cutting across different sectors.

“We are also discussing other possible investment opportunities especially in construction since the company has a big name and experience in the construction industry,” she said.

africabusinesscommunities

Latest Stories

Health Minister discusses with WHO's Representative health sector needs

2022-02-03 04:00:00

SANA'A, Feb. 02 (Saba) - Minister of Public Health and Population, Dr. Taha Al-Mutawakel, discussed on Wednesday with the World"...
Read More

Al-Shalal Commercial Complex opened in Sana'a

2022-01-03 04:00:00

SANA'A, Jan. 01 (Saba) – Al-Shalal Commercial Complex, one of the largest commercial investment projects, was opened on"...
Read More

Coffee Festival inaugurated in Sana'a

2021-10-07 04:00:00

SANA'A, Oct. 06 (Saba) - The Coffee Revolution Festival and Exhibition was inaugurated on Wednesday in the capital Sana'a"...
Read More

President Al-Mashat visits first conference for development of public finances

2021-09-20 06:00:00

SANA'A, Sep. 19 (Saba) – President of the Supreme Political Council Mahdi Al-Mashat visited on Sunday the first conference"...
Read More