ZANZIBAR, Dec 6 (NNN-DAILYNEWS) — IN response to President Hussein Mwinyi’s call for increased investment in the tourism sector, Delaware Investment Ltd., a US-based firm, has announced plans to invest 60bn/- in the construction of a luxurious five-star hotel on the outskirts of Zanzibar City.
The project will generate 300 direct jobs and additional indirect employment through service providers. Company CEO Rishen Patel revealed the plans during a media tour of the construction site, citing the favourable investment environment fostered by the Revolutionary Government of Zanzibar as a key factor in their decision.
“We’ve observed a welcoming and supportive atmosphere for investors. Through the Zanzibar Investment Promotion Authority (ZIPA), we aim to expand into other sectors beyond tourism based on the country’s needs,” Patel said.
The hotel, set to open in May or June 2025, will feature 74 rooms, including suites designed for senior leaders such as the President. Patel expressed optimism about the project’s completion and said they hope President Mwinyi will officiate the opening.
“We are impressed with the government’s ongoing efforts to facilitate investment opportunities,” he added.
Harbinder Singh Reehal, Director of JHS Enterprises Ltd, the project contractor, acknowledged challenges in sourcing building materials but confirmed the project remains on schedule.
“Acquiring materials like cement can take a month due to importation from mainland Tanzania, especially with numerous construction projects underway in Zanzibar. However, we’re confident about meeting the timeline,” Singh stated.
With 70 per cent of the construction completed, the hotel is poised to enhance Zanzibar’s touriAsm infrastructure and economic development upon its launch. — NNN-DAILYNEWS
