We need a venture partner to realise a USD 500.000.000.00 resort development project in Guinea and/or Liberia, West Africa.
This 25 acres project will have associated facilities and outlet to the Atlantic Ocean. It will be a center of attraction for tourist and golf players.
This resort development project will result in a resort setting catering to tourists, investors, local businessmen and their visitors.
Out of the 25 acres of land, 16 acres are allocated for residential, commercial, entertainment and recreational facilities, including 1,200 unites of serviced apartments, a casino, waterfront, commercial area, food outlets, a swimming complex with health spa, jogging tracks, tennis courts and volleyball courts, etc. The remaining 9 acres of land is reserved for a 9-hole golf court.
The service apartments will be housed in a 12-story structure offering a spectacular Atlantic Ocean view.
This will be the first of its kind resort within the Mano-river sub-region of Guinea, Liberia and Sierra Leone and even neighbouring Mali.
The investor will be required to either provide the USD 500.000.000.00 needed to finance the entire project or USD 50.000.000.00 to raise the needed BG and handle overhead cost.
The project is at its pre-feasibility stage and the government demands the investor POF for final approval.
The participants are:
1/ the financial partner/ investor
2/ our company
3/ the technical partner
4/ the government
This deal is profitable in that the operation of the resort development can be carried out by either hotel chain of newly formed management company. Short term return can be generated based on:
a/ short term/daily rental from the hotel
b/ time sharing from club members
c/ long term rental arrangement for residential accommodation
d/ long term rental on commercial premises
e/ collection from recreational facilities and food outlets
Additional revenue can be generated by the sales of membership, out of 5,000 members.
The funds are needed to realise the project and/or raise the needed financial instruments.
The venture / financial partner will be entitled to 60% of the project. The exact terms are however negotiable.