ACME Dream Limited, a Chinese based firm, has announced that it is planning to build a high-end hotel that will cost a whopping 853.2 million shillings near the Jomo Kenyatta International Airport (JKIA).
ACME Dream Limited had purchased 5.2 acres of land at Embakasi and had sort approval from the regulatory authority to put up a multimillion hotel near the port.
The hotel is projected to have six-floors and 25 standard hotel rooms and will operate on commercial grounds.
According to an audit conducted by the environmental impact assessment, the proposed development fits into and integrates well with the neighborhood in terms of height, quality, traffic management and sustainability in line with existing laws.
Kenyans seeking to oppose the hotel project have at least 30 days to submit a written memorandum to National Environment Management Authority (NEMA) and help reach an informed decision.
Stakeholders involved affirmed that money had been put in place to carter for drawing preparations, seeking approvals and preparing the groundwork for the project.
ACME had spent 550 million shillings to access the 5.2 acres of land in Embakasi after conducting a conduct a feasibility study for a period of two years.
The ACME officials pointed out that it would be difficult to access prime land of the same size in the area owing to the costs and the time it has already spent on the current plot.
EIA says if ACMA is advised to seek an alternative plot, the company will then have to spend another six months to one year on design and approvals/licensing since design and planning which has to be according to site conditions.
In case the implementation of the project flops, a number of stakeholders including the designers, the local and national authorities, contractors, materials suppliers and the workers in the construction space would end up counting losses.