Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Investments»How government is positioning Coastal region for investments in tourism
    Investments

    How government is positioning Coastal region for investments in tourism

    October 10, 20256 Mins Read


    Tourism and Wildlife Cabinet Secretary Ms. Rebecca Miano addresses Tourism Stakeholders during the first ever, Kenya Coast Tourism Investment Conference 2025, at the Sarova White Sands hotel, Mombasa County.

    Known as part of the country’s economic backbone, the
    tourism sector has prompted the government to engage in serious processes to
    grow it through diversification of products, market reassurance campaigns,
    visa-free entry policies and, above all, infrastructure upgrades.



    Infrastructure upgrades range from airports and seaports to
    road connectivity, alongside strengthened airline partnerships with direct
    routes to foreign destinations.



    This demonstrates an impressive rebound and resilience of
    the competitive sector, which has, in essence, seen international arrivals rise
    by 60 per cent in recent years.



    The government has also prioritised advancing the Meetings,
    Incentives, Conferences and Exhibitions (MICE) agenda through the establishment
    of convention bureaus, upgrading of the Kenya International Convention Centre
    (KICC), and renovation of the Bomas of Kenya, among others, all aimed at
    restoring the tourism sector to its former glory.



    Through the Ministry of Tourism and Wildlife, the government
    has expressly committed to cultivating strategic partnerships and sustainable
    investments, to establish the coastal region as a leading tourism and investment destination for both domestic and international tourists, foster inclusive socio-economic development.



    The coastal region, being the heartbeat of Kenya’s tourism,
    is, in this regard, witnessing investments in modern infrastructure aimed at
    boosting the sector and serving as an economic lifeline for residents, in line
    with the Bottom-Up Economic Transformation Agenda (BETA).



    The government’s investment in the coastal region is a
    worthy one, as it enables the fulfillment of the dreams and livelihoods of
    hundreds of thousands of Kenyans. The area is well recognised for its pristine
    beaches, rich culture, and other tourism attractions.



    During the recent first-ever Kenya Coast Tourism Investment
    Conference 2025, attended by investors from all over the world, the Cabinet
    Secretary for the Ministry of Tourism and Wildlife, Rebecca Miano, said Kenya’s
    coastline deserves to be world-class, hence the government’s call upon
    investors to invest along the beautiful coastline.

    Tourism and Wildlife Cabinet Secretary Ms. Rebecca Miano (centre) in the company of the State Department of Tourism Principal Secretary Mr. John Ololtuaa (right) and his Trade and Investment counterpart Mr. Abubakar Hassan (left) while attending the Kenya Coast Tourism Investment Conference 2025, at Sarova White Sands hotel, Mombasa County.



    “The Government of Kenya is rolling out a red carpet for
    investors, and we are calling on both global hotel chains—and most
    importantly—the Kenyan institutional investors to lead the reimagining of our
    hotels, eco-lodges, wellness retreats and MICE facilities,” she said.



    Miano noted that Kenya’s coastline forms a national jewel of
    unmatched beauty, vibrant culture and rich history.



    From our immaculate beaches and coral reefs to centuries-old
    heritage sites, this region has always been a steady cornerstone of Kenya’s
    tourism narrative, she observed.



    “Indeed, the Coast accounts for nearly 60 per cent of all
    international leisure arrivals, with destinations such as Mombasa City and
    Kwale’s Diani beaches consistently ranking as favourites.



    The latest data confirms that coastal tourism generates over
    KShs. 100 billion annually, supporting hundreds of thousands of livelihoods in
    the hospitality and transport sectors, as well as in cultural services,” Miano
    added.



    She, however, noted that despite the alluring natural
    endowments, there exists formidable competition from neighbouring countries’
    destinations, as they have aggressively modernised their facilities, attracting
    significant international investments.



    “To maintain and grow our market share, we must also
    urgently reimagine and reposition our coastal assets to meet and, better yet,
    surpass evolving global standards,” she insisted.



    The CS added that the imperative for renewal aligns squarely
    with President Dr William Ruto’s Bottom-Up Economic Transformation Agenda,
    which recognises tourism as a critical pillar for job creation, foreign
    exchange earnings, and inclusive growth.



    “Investing in our coast is, therefore, a direct investment
    in the livelihoods and aspirations of the people of Kenya,” she noted.



    “My ministry,” she added, “is committed to creating a
    facilitative environment to transform Kenya’s tourism amenities and has, as
    such, established investment-friendly policies, attractive tax incentives and
    streamlined regulatory processes to enhance competitiveness.



    “Currently, we are actively supporting public-private
    partnerships to unlock large-scale projects while concurrently enhancing vital
    infrastructure—from roads to digital connectivity—all with a strong focus on
    sustainable and climate-resilient development,” she said.



    She emphasised the ministry’s commitment to proactively
    engage leading international hotel chains and developers to bring in
    cutting-edge expertise and capital.



    This, she said, will run simultaneously with the
    mobilisation of domestic investors—from pension funds to high-net-worth
    individuals—to embed Kenyan contribution to the growth of tourism at the very
    heart of rebuilding assets.



    Her State Department for Tourism Principal Secretary, Mr
    John Ololtuaa, agrees that the Kenya Coast is an important tourism region and
    investment hub with great potential to transform the tourism sector in Kenya.



    “I call upon investors in the tourism sector to come and
    invest in the Coast region, which has great potential,” he appealed.



    June Chepkemei, the CEO of the Kenya Tourism Board (KTB),
    noted that in 2024 Kenya welcomed over 2.4 million international visitors—a 14
    per cent rise over the previous year—generating over KShs. 452.2 billion in
    tourism earnings.



    “By 2025, we are targeting to reach KShs. 650 billion, and
    yet our coastline remains underutilised,” she regretted.



    The CEO stated that demand is rising with infrastructure
    expansion, as beachfront areas present available opportunities in eco-lodges,
    boutique stays, wellness sanctuaries, marine conferences and cultural centres.



    “A marine spatial plan is in development, expected to pave
    the way for seaweed farming in aquaculture and marine conservation zones that
    connect seamlessly with coastal tourism,” she affirmed.



    With over 500 km of uninterrupted coastline offering vastly
    different experiences within a single journey, our coast thrives year-round,
    fuelled by African regional travellers, diaspora communities and rising global
    arrivals. This confirms its openness for business, and my call is: ‘Let us
    shape this future together,’” the CEO appealed.



    OGS: Munira Mandano works at the Office of the Government
    Spokesperso


     



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Canara Bank plans to raise Rs 4,000 crore via tier-2 bonds

    Investments

    Why Your Retirement Age Doesn’t Matter (But This Number Does)

    Investments

    Rights group threatens legal challenge to New York’s purchase of Israel bonds

    Investments

    Lifetime Isa retirement plan could be dropped by government in favour of a new home-buying Isa

    Investments

    Cat bonds remain favoured due to their liquidity and more standardised structure: Howden Re

    Investments

    Foreign Bonds Lead US Fixed Income in 2026

    Investments
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Cryptocurrency’s future in Pakistan – Opinion

    Commodities

    Energy ETFs to Gain as Arctic Blast Ignites US Natural Gas Price Rally

    Investments

    Aviva finalise l’acquisition de Morrisons Retirement Saver Plan pour 270 millions de livres sterling

    Editors Picks

    Investing.com stocks of the week By Investing.com

    October 12, 2024

    Best Real Estate Markets in Maryland for Rental Property Investments

    March 23, 2025

    Police recover R3 million worth of copper cable belonging to Transnet

    September 4, 2025

    What is a cryptocurrency token reserve? Trump crypto platform’s new plan

    February 19, 2025
    What's Hot

    Lloyds Living buys 610-home UK portfolio from TPG and Gatehouse | News

    October 9, 2025

    Technology Breaking Boundaries – How the Fintech Sector Is Benefiting

    September 30, 2025

    Dividend Stock: RailTel shares end higher on ex-date – Check details

    August 13, 2025
    Our Picks

    StoneX bets on India with new metals desk

    November 27, 2025

    BRAC EPL Investments partners with Paramount Solar to boost renewable energy expansion

    August 24, 2025

    Plans for multi-million-pound “agricultural enterprise” in Trinity rejected

    December 5, 2025
    Weekly Top

    Engineers rethink motor design using liquid metal

    January 30, 2026

    Accounting and Reporting Techniques Fintech Firms Use in 2026

    January 30, 2026

    Fintech bytes: Docupace touts 200,000-hour windfall for PreciseFP and Hubly users in 2025

    January 30, 2026
    Editor's Pick

    This Cryptocurrency Just Surged More than 17% Over the Course of the Weekend

    January 5, 2026

    Gold is an uncertain certainty amid Trump tariff turmoil: Russell

    April 14, 2025

    Capitals 5 – Canadien 2 | Les mauvais bonds

    April 27, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.