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SERENA TO PLOUGH Sh1.4b INTO NILE HOTEL - 2004-02-17

Date: 
Tuesday, 2004, February 17
Location: 

erena Tourism promotion Services has signed a thirty-year lease concession agree- ment with the Government of Uganda. Announcing the investment, prince Amyn Aga Khan, Chairman of the Executive Committee of the Aga Khan Fund for Economic Development (AKFED), expressed the hope that 'this initiative will advance tourism development throughout Uganda and act as a spur to other investors in the sector.'

person_place_reference: 
H.H. Prince Karim Aga Khan IV

Recent Articles

Serena to plough Sh1.4b into Nile Hotel - 2004-02-17

Source: 
www.eastandard.net/financialstandard/news/news17020405.htm

Serena Tourism promotion Services has signed a thirty-year lease concession agree- ment with the Government of Uganda.It has agreed to invest US$18 million (Sh1.4 billion) in refurbishment and upgrading of the former Nile Hotel, which will re-open in September 2005 as the Kampala Serena Hotel.
Announcing the investment, prince Amyn Aga Khan, Chairman of the Executive Committee of the Aga Khan Fund for Economic Development (AKFED), expressed the hope that 'this initiative will advance tourism development throughout Uganda and act as a spur to other investors in the sector.'

Museveni Meets Prince Agha Khan - SERENA TO PLOUGH Sh1.4b INTO NILE HOTEL - 2004-02-17

Source: 
New Vision

PRESIDENT Yoweri Museveni has expressed gratitude to the Aga Khan Group of Companies for bringing a professional hotel investment and management system to Uganda.
The President on Thursday received Prince Amyn Mohammed Aga Khan at State House, Nakasero, a statement said.

Amyn Mohammed is the young brother of the Aga Khan, the spiritual leader of the Ismailia Community.

All Related Articles

News ArticleSerena to plough Sh1.4b into Nile Hotel - 2004-02-17 www.eastandard.net/financialstandard/news/news17020405.htm
News ArticleMuseveni Meets Prince Agha Khan - SERENA TO PLOUGH Sh1.4b INTO NILE HOTEL - 2004-02-17 New Vision

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