13 BILLION FOR HOTEL DEAL
May 3rd, 2007 by
Administrator
Sh13.3b was recently paid by Government as its contribution to a joint venture with Meera Investment to construct a hotel at munyonyo.
The “Munyonyo Commonwealth Resort Ltd” will host presidents during the commonwealth Head of government Meeting (CHOGM) in November will have 59 Presidential Suites to accommodate the dignitaries.
The money amounts to 25% of the Government’s contribution towards a joint venture with Meera Investments owned by hotel mogul Sudhir Ruparelia.
By Kisibo Jackie
Uganda Hotel News
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