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Swiss hotel giant to inject Sh7 bn into Nyeri mixed development plan

Swiss International Hotels CEO Henri Kennedie (left) and Mt Kenya Holiday Homes Developer Ronald Ndegwa. PHOTO | COURTESY

Global hotel chain, Swiss International Hotels and Resorts, has announced the investment of Sh7 billion into the construction of its first Kenyan outlet on the foothills of Mount Kenya.

The multinational has partnered with Mount Kenya Holiday Homes Ltd in a mixed development venture where 283 houses will be sold out and leased back to the global brand for use as rental villas.

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