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The front view of the newly-launched Lake Victoria Serena Resort

THE Serena Group has set up a second hotel in the country, the Lake Victoria Serena Resort. The resort, which is part of the Aga Khan economic empire, lies on an expansive piece of land measuring 275 acres on the shores of Lake Victoria.

The land belonged to the Ranch on the Lake Hotel until about four years ago when Serena Group bought it and built a new hotel. The facility has so far cost $20m (about sh40b).

Another $30m (sh60b) is earmarked to complete the construction.

President Yoweri Museveni yesterday presided over the official opening.

Maputo – Serena Tourism Promotion Services (a subsidiary of the Aga Khan Fund for Economic Development) is pleased to announce that the Polana Serena Hotel will undergo extensive refurbishment and expansion to the tune of $25million from January 2009.

Kabul, Afghanistan, 8 November 2005: The Kabul Serena Hotel was officially inaugurated today by His Excellency President Karzai and His Highness the Aga Khan. The opening of the restored and expanded Kabul Serena Hotel, the former Kabul Hotel, is a milestone in Afghanistan's post-conflict redevelopment.

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