Kenyan coastal development 'in high demand'

04/04/2011 - Kenya property & investment news Posted by Neil King
Kenyan coastal development 'in high demand'

Demand for facilities along the coast of Kenya is increasing, it has been suggested, leading to calls for developers to pursue opportunities in the area.

The Nairobi Star reported that conference tourism is a particular attraction among investors, but a lack of facilities is holding back development.

Suleiman Muia, business development manager at Unique Homes, noted at a stakeholder meeting for the Mombasa Homes Expo that Lamu Port and the new railway to Juba will further boost investor demand and should attract interest from developers to explore the coast.

Indeed, it is hoped that the fifth Mombasa Homes Expo, which runs from April 22nd-24th, will change the perception of the coastal region from a tourist destination to one for investment, the news provider stated.

However, tourism is still a major part of the coast's economy, as John Hadley, marketing manager at Crown Berger, told the news source that the continued development of hotels, marinas, property and beach resorts has helped the region become a leading investment hub.ADNFCR-2019-ID-800486781-ADNFCR