Turkish firm to build three luxury hotels in Rwanda

September 22, 2022

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.


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