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Kempinski Accra hotel, Ghana

29th February 2008

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and location
Kempinski Accra hotel, Ghana.

Project description
The project entails the development of a 250-room five-star international hotel in the heart of Accra.

Value
$49,4-million. The African Development Bank (AfDB) has approved a loan of $16-million to finance the construction of the hotel.

Duration
Not stated.

Breakdown of main contracts
Not stated.

Client
The government of Ghana.

Latest developments
None stated.

Participants
AfDB and Absa (senior lenders), Zakhem Inter-national (primary sponsor), and GCC Resorts (project company).

Construction materials
Not stated.

On budget and on time?
Not stated.

Contact details for project information
AfDB, Felix Njoku, tel +216 71 10 26 12
or email f.njoku.
 

Edited by Creamer Media Reporter

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