Wadi Degla Investment International breaks ground on KShs.2.5Billion Kenya project

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DSC_0814Egyptian Investor pours KES2.5Billion into Kenyan Sports infrastructure Project.
Wadi Degla club to offer professional sports and recreation facilities.
Egyptian Multinational Wadi Degla investment has officially broken ground on a KES2.5Billion investment project that will see the development of a luxury sports and lifestyle club that will be the first of its kind in Kenya, and the region.
The Wadi Degla club is a 12-year-old concept already proven in the Egyptian market and the Middle East, which draws on membership to drive an active, engaging and healthy Family lifestyle and recreation.
Speaking when he met stakeholders at the groundbreaking event, Wadi Degla Holding Company president Mr. Maged Samy said Wadi Degla club would deliver a groundbreaking and disruptive offering In the Kenyan market that will help the sports and recreation sector benchmark internationally.
“Our club will drive unique investment in multiple sports activities with our main differentiator being the goal of creating a Private Club where, people with a common interest can congregate for social & recreational purposes, while at the same time developing professional athletes.” He said.
In addition to facilitating further development of the Kenyan sports industry and its infrastructure Wadi Degla has committed to grow and further promote local talent through their partnerships with European clubs, with the company earmarking Arsenal academy for young football players besides professional linkages for development of other sports.
The club will offer modern shopping, service, dining and lounge amenities while affirming their exceptional investment by offering world class sports facilities like swimming pools, tennis, and squash courts, football fields, basketball, handball, volley ball and health facilities including spas, saunas, gyms and dancing.
The company intends to invest up to $10Million to build 5 other clubs in major residential and urban areas over the medium term.
“From our research there is a great need for wholesome and healthy recreation. What we know from our 14 years of working in this business is that you can only create a better tomorrow by collectively building today,” added Mr Samy.

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