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NILE HOTEL DIVESTITURE - 2003-12-23

Posted July 10th, 2007 by heritage
in
Date: 
Tuesday, 2003, December 23
Location: 

Parliament has approved the speedy divestiture of Nile Hotel International Limited through a 30-year concession to Serena Tourism Promotion Service SA, a subsidiary of Aga Khan Fund for Economic Development.

person_place_reference: 
H.H. Prince Karim Aga Khan IV
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fr.allafrica.com/stories/200312220835.html - NILE HOTEL DIVESTITURE - 2003-12-23

Posted July 9th, 2009 by heritage
in
Source: 
fr.allafrica.com/stories/200312220835.html New Vision

Parliament has approved the speedy divestiture of Nile Hotel International Limited through a 30-year concession to Serena Tourism Promotion Service SA, a subsidiary of Aga Khan Fund for Economic Development.
State minister for privatisation Peter Kasenene appeared tickled on Friday by the positive mood in the House over the divestiture.

He told MPs that when Serena invests US$19m in the hotel, it would be possible to hold a boxing tournament at the conference centre. He said by using switches and electronics rooms could be joined and chairs moved.

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News Articlefr.allafrica.com/stories/200312220835.html - NILE HOTEL DIVESTITURE - 2003-12-23 fr.allafrica.com/stories/200312220835.html New Vision

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