Rwanda Tourism Steps In
Akagera National Park to become joint venture
Original, timely global, travel, tourism, business news and research:
eTN Exclusive: Unique and original, timely, global breaking news:
Information received from Kigali last week confirms that the Rwanda Development Board – Tourism and Conservation, has apparently entered into a partnership agreement with the African Parks Network to jointly manage the park and raise finance for further infrastructural developments.
Since the woes of Dubai World have hit the headlines of the financial press, concern has been growing that their plans for Akagera were not coming to fruition, and the arrival of APN was giving the RDB another option for the park.
Dubai World was to invest over US$250 million in Rwanda but this has, apart from taking over a safari lodge in Ruhengeri, not taken root, and the planned hotel development cum golf course in Kigali appears to have been snatched up by a consortium using Marriott International as their chosen managers.
The recently-signed agreement for the Akagera management cooperation will span over an initial 20-year period and can be extended if so desired. The deal was then approved by the Rwandan cabinet.