THE Louvre Hotels Group and Golden Tulip based in Paris, France on Wednesday launched a major investment project involving five-star hotel to be known as Golden Tulip Dodoma, which will be constructed in Dodoma Capital City starting early next year.

Speaking at a press conference in Dar es Salaam on wednesday, the Managing Director of Indian Ocean Hotels Limited and Golden Tulip, Mr Jitesh Ladwa, explained that the investment in Dodoma would cost over 20 million US dollars (about 46bn/-). He said the 100 rooms' facility would attract direct jobs of about 200 people.

According to him, the policies of the government in Tanzania are always proactive for investment and the general confidence and peace allow for domestic and international economic to grow. He pointed out that the launch of the development of Golden Tulip Dodoma was in collaboration with the investment company Kifaru Group and Indian Ocean Hotels Limited.

Source: https://allafrica.com/stories/202111030763.html