, MOMBASA, Kenya, Nov 27 – Nakumatt Holdings, has expressed optimism at the economic prospects in the Coastal region and moved to open its 52nd branch in Bamburi, Mombasa.
According to Nakumatt Holdings Managing Director Atul Shah, the firm is confident on the swift economic recovery along the Kenyan coast and is therefore proceeding to maintain its investment plans in the region.
Beyond tourism, Shah confirmed that Nakumatt is banking on the region’s emerging position as an agricultural and real estate investment destination.
Speaking at the official opening of the new Sh190million Nakumatt Bamburi Supermarket in Mombasa County, officiated by Mombasa Senator Hassan Omar Hassan, Shah, advised private sector investors not to shy away from making their investments in the region.
On its part, Nakumatt, he assured remains unfazed by what he described as “passing cloud” challenges as it maintains a long term view of the economic prospects in the region.
“The prospects of economic recovery in the Kenyan coastal region are very bright for any investor who is seeking to play a development partner role with all Mombasa, Kilifi, Kwale and other neighbouring counties,” Shah said.
“As Nakumatt opens its 52nd branch here in Mombasa, we are effectively confirming that we shall continue joining hands with the people of Mombasa to fuel development in this region.”
At the new Nakumatt Bamburi supermarket, located at the new Bamburi Centre, customers largely drawn from the fast growing Bamburi Mtamboni estates, will enjoy the convenience of a well-stocked supermarket including an in store bakery.
The store is also been suitably outfitted with a range of energy efficient water cooled air-conditioning and refrigeration units as part of Nakumatt’s bid to cut its energy costs by more than 40 percent by the year 2017.
The new Nakumatt Bamburi Supermarket covers a shop floor area of more than 30,000 square feet, and is equipped with a range of energy efficient Freezers, Chillers, Air Dispersion Units and Lighting systems which are some of the notable high energy consuming elements in the retail sector.
Having kicked off its energy management project during the opening of Nakumatt Malindi two years ago, the retailer is targeting operational cost savings of up to Sh800million through the use of new generation in store showcase units.
To mark the opening of Nakumatt Bamburi, customers will enjoy a range of attractive shopping offers on household goods and electronics to mark the launch of the new branch.
Nakumatt Bamburi is also fully stocked with a variety of more than 30,000 products to choose from ranging from Fresh Produce, to Lifestyle products such as electronics, clothing, toys, branded foods and general products.