More rich Italians invest in Malindi

Investor Franco Rosso (left) with his son Paulo Rosso (right) and daughter Sara Rosso in Malindi. PHOTO | CHARLES LWANGA | NMG

An Italian investor has opened another multi-million shillings luxurious hotel in Malindi, in addition to two others he built on the shores of Indian Ocean.

Franco Rosso, 89, who owns a chain of luxurious beach resorts in Africa, Italy and Switzerland, opened Malindi Dream Garden last week, even as investors are closing down beach hotels in Funzi Island and Mombasa due to low tourist numbers.

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