TWO PLOTS FOR SALE IN NAROK TOWN, READY TITLE DEEDS

The new constitutional dispensation offers a window of investment opportunities in Kenya for people who reside outside the country's Capital City. The next growth frontier in our economy is in the counties and i have seen a number of positive and futuristic thinking youth who have already started strategising to invest in our counties. One of the county that offers plenty of investment opportunities here in Kenya is Narok County whose headquarters is Narok Town.

Narok is a town situated approximately 135 Kms or 2.5 Hours drive from Nairobi. from Nairobi, travel upto Maai Mahiu and then take a smooth tarmarked road for 90 Kms to the town. Narok county is home to Kenya’s largest game reserve and the eighth wonder of the World, the Maasai Mara National Game Reserve.The main economic activity is farming with 40 % of wheat and Barley consumed in Kenya being produced in the fertile soils of Narok. Tourism and Livestock and service industry are the other economic drivers. Narok town is thus one of the fastest growing town in Kenya  which offers a lot of investment oportunities, It was ranked By the World Bank as the second  best place to set up a business in the whole of East Africa due to its friendly people, land reforms and ease of licensing. It’s simply the place to invest.( http://www.the-star.co.ke/news/article-12581/leaders-hail-world-bank-report-narok-town )

I have three town plots I am selling. They are situated in an upcoming suburb called Mwamba Estate, its approximately 800 Metres off Narok – Bomet Tarmac road. The plots have ready title deeds, registered in the name of myself and can be transferred to the buyer within two weeks upon completion of transaction. One of the plots has been booked, leaving us with only two available. The price for each of them is Kshs 200,000                                            Here is a preview of the subject property. 


The property is also located in the area where a by pass that diverts traffic from town will pass thru. It then offers a wide variety for deveopers as it can be used for construction of family residential property, rental units or a small commercial hub. Below is a look at the surrounding properties

 

Are you in an investment Group ?

 For people who are in an investment group, special arrangements can be mad to help them acquire the property in a way that suits their investment plans and favors their contributions.  I also run a programme that specializes in offering investment advice, training and financial negotiation to investment groups.

Other investment Opportunities available in Narok County.

 There is a wheat farm 10 acres up for sale in Ololulunga at Kshs 100,000 per acre, a 10 acre farm located in Ildamat, Melili  and several other plots in London Estate, Olerai and near TM Junction towards Olololulnga. For people interested in joining the Kshs 100 B tourism industry, you can also buy or lease farms for construction of a tourist camp. Various lease options are available. I will guide and help interested people at a reasonable commission.   Those who want to do maize or wheat farming can also get in touch with me, I will facilitate leasing of the farm also at a commission.

Thanks, Zack Mwema. Serious investors can drop me an email at zaxmwema@gmail.com

“ Twenty years from now, you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.”
– Mark Twain,

Prepare yourself to plant now, a big harvest lies ahead

KENYA SEEKS TO ATTRACT MORE BUSINESS TOURISTS

Kenya is angling for a piece of the Sh2.6 trillion global conference tourism market to bolster the return of a sector recognised as a key foreign exchange earner.The ministry of Tourism plans to establish Meetings, Incentives, Conferencing and Events (Mice) centres in all 47 counties to attract investors in the hospitality industry interested in setting up prime hotel facilities to attract tourists.

According to Tourism PS Ruth Solitei, the ministry intends to devolve this Mice segment of tourism to the counties following the establishment of regional secretariats.In addition to Nairobi, other counties being initially targeted include Mombasa, Kisumu, Nakuru, Isiolo and Naivasha.

In Africa, Kenya is only second to South Africa as the most preferred Mice and business tourism destination, according to the International Congress and Convention Association (ICCA).Players in the hotel sector, which accounts for 60 per cent of market share, have touted this as the next high growth segment for the industry. Already, several reputable international brands like Hemingways and Kempiski are opening hotels between now and 2014.

Kempiski, established in 1897 as a luxury hotel group, recently opened Villa Rosa on Waiyaki Way in Nairobi. In the coming months, other hotels, including Emaar, Radisson Blu, Marriot, Park Inn Hilton, Lonrho hotels and Rezidor are expected to set up base in Kenya as the country positions itself as the premier financial, travel and business hub in East and Central Africa.

Industry players say that between 10,000 and 15,000 hotel rooms will be required within the next five to 10 years to satisfy the demand for rooms that’s expected from a burgeoning Mice segment.Kenya, ranked 58th globally among the most preferred Mice destinations, is now moving to capitalise on the ranking by increasing investments in the hotel sector, infrastructural improvement, security  and diversification of tourist attractions.

The earning potential for this segment is expected to exceed 60 per cent of the total earnings in the tourism sector in coming years as more and more people travel both for business and pleasure.This is compared to the past where most of the earnings from tourism were drawn from the leisure segment with travellers seeking to sample Kenya’s beach and safari attractions.“This is the fastest-growing industry in the world, with a 20 per cent growth rate,” Kenyatta International Conference Centre Managing Director Fred Simiyu said.

Travel advisories

Last year, Kenya earned Sh96 billion from tourism with the Mice segment reported to have contributed significantly to the earnings. International visitor arrivals stood at 1.7 million last year, a decline of 5.5 per cent from 1.8 million in 2011 with the sector’s performance affected by a slowdown in the global economy, especially in the euro zone, coupled with travel advisories stemming from security concerns.The lack of high-quality hotels and infrastructure has stifled the growth of the Mice segment as international business travellers seek alternative destinations.

Last year, the United States held more than 800 global conferences compared to just 29 that convened in Kenya. Locally, city conferencing has proved to be the most popular owing to the more business-oriented nature of cities and the availability of a wide range of facilities.Nairobi, which emerged as the 100th best destination globally from 104 the previous year, and second-best after Cape Town in South Africa, hosted 22 of the international meetings. Mombasa and Naivasha hosted two conferences each, while Embu, Nakuru and Eldoret each hosted a single event.

Last year, Naivasha made its debut in the continental rankings of most popular international meetings destination.The town, famed for its horticultural products — one of Kenya’s other leading foreign exchange earners — was ranked 34th according to the International Congress and Convention Association.We have always regarded Naivasha as a destination for domestic conferences, but in the international market it is also ranked as one of the upcoming cities in the world for conference tourism,” Ms Solitei said.

“This justifies the need for more convention and conference facilities of international standards in every county. We need more accommodation, more bed capacity, ideal transport and communication infrastructure to raise the attractiveness and capacity of destinations.”The government has sent a delegation to the the International Meetings and Exhibitions conference in Frankfurt, Germany to bid to host some of the major international conferences expected to be held this year.
Potential investors
Land has been identified in Mombasa’s Bamburi area where the government plans to establish a green convention centre.Feasibility surveys have also been carried out in Kisumu and Isiolo, and talks are underway with potential investors to set up additional facilities.According to research conducted by Kenyatta University, the potential for the Mice tourism segment is under-exploited due to the country’s emphasis on nature-based tourism destination with wildlife accounting for over 85 per cent of tourist arrivals.The report recommends that properly structured foundational activities need to be put in place to build a strong destination-based conference tourism brand.