South Sudan news update – Jacaranda owners set to invest in new hotel in Juba

JACARANDA OWNERS TO INVEST IN A NEW HOTEL IN JUBA

Information was obtained from Nairobi over the weekend, that the owners of the Jacaranda Hotel in Nairobi, who also own the Indian Ocean Beach Resort in Ukunda / South Coast of Mombasa, are planning to build a hotel in the capital of the new Republic of South Sudan.

While also confirming an expansion to their Nairobi property by about 50 more rooms the news about Juba is the most exciting in a while as potential investors in the hospitality sector sense rich pickings in coming years, when South Sudan’s oil can be exported via Mombasa, or else be pumped to a possible joint venture refinery in Uganda before being shipped abroad.

The South Sudan is rich not only in oil but has a huge agricultural potential, able to feed the region where another drought has struck and a famine is now threatening more than 11 million people. Tourism too is on the agenda of the new country, where several national parks with exceptionally large game numbers are getting ready to receive adventure tourists for their first safari experiences in the newly independent nation.

Other hotel groups, from Kenya in particular, have been scouting the market in South Sudan of late, not just in Juba but other state capitals too as well as exploring opportunities to build safari camps or lodged, ready for the boom to set in.

Watch this space.