President Jomo Kenyatta of Kenya reassured foreign investors when he opened a multi-million pound tourist hotel on the Kenyan coastline at Mombasa -- which is being rapidly developed into one of the world's major tourist centres.
GV EXT Hotel and sign (2 shots)
SV President Kenyatta arriving and greeted by Tourism Minister Mathews Ogutu and Prince Amyn Aga Khan
SV African tribal dancers performing
SV Kenyatta greeted by other officials, and Amyn again
SV Guests seated
SV & CU Kenyatta unveils plaque on hotel (2 shots)
SV & CU Hotel (3 shots)
GV Swimming pool and surrounds
LV & GV Hotel and grounds (2 shots)
Initials BB/1930 WLW/MR/BB/1945
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Background: President Jomo Kenyatta of Kenya reassured foreign investors when he opened a multi-million pound tourist hotel on the Kenyan coastline at Mombasa -- which is being rapidly developed into one of the world's major tourist centres.
The hotel--the GBP2 1/2-million (Kenyan) Serena Beach Hotel, built in a traditional Swahili style -- has been financed largely by foreign funds through semi-official Kenyan Government agencies. One of its largest backers is the Aga Khan, who was represented at the ceremony on Friday (25 April) by one of his brothers, the Prince Amyn Aga Khan.
But the President also warned against "exploiters" -- foreign investors who only wished to 'milk the country dry', he said. Foreign development in Kenya should not be speculative or indiscriminate, but properly planned with the co-operation of the Kenyan Government and in keeping with Kenyan culture and needs. Then, he said, they would be welcome and their interests would be protected by the Kenyan Government.
The parent company which built the hotel is about one-third owned by the Kenya Tourist Development Corporation, a semi-official agency, and about two-thirds owned by a consortium of foreign and local businesses, including two airlines.