Dubai
World Property in South.
Africa
Dubai
World in Djibouti .
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Dubai World Africa
Profile ( from two page spread
above).
One of the most important
benefits of our editorial team's journey from
Paris, France to dynamic Djibouti via Daallo
Airlines was the opportunity to see the first
hand results of Dubai World Africa in action,
and to meet several of the key individuals who
are making Africa's Red Sea Miracle happen. What
we experienced during two weeks at the Djibouti
Palace Kempinski hotel was sound evidence of
this new direction and wise use of investment
capital for the long range.. The following
excerpts from an ATA news release sets the
stage:The Africa Travel Association, the world's
leading global travel trade organization for
Africa, today announced the formation of a
Premier Partner Program with Dubai World Africa
(DWA) signing on as the first partner. This
partnership allows ATA and DWA to work together
for three years to bring the world to Africa and
to promote business opportunities and investment
in the industry.
"By creating a Premier
Partner Program, ATA is establishing itself as a
leader in building private-public partnerships
devoted to increasing travel to Africa. The
program has clear benefits for our partners,"
said ATA Executive Director Edward Bergman. "We
are proud to partner with corporations like
Dubai World Africa who are committed to
supporting the development of a thriving and
strong tourism industry and accelerating the
growth of the industry."
The premier partner
program will bring visibility to DWA and provide
multiple recognition opportunities among ATA's
broad and global membership, from small and
mid-market travel agencies and tour operators to
national tourism boards and tourism ministries.
It also allows branding and sponsorship
opportunities at ATA's annual events which bring
together travel, tourism, and transport experts
from around the world to shape the future of
Africa's travel industry at a premier
destination on the Africa continent.
1.5 Billion Dollar
Investment
Dubai World Chairman
Sultan Ahmed bin Sulayem has indicated that the
company will invest about $1,5 billion in Africa
over the next five years, with investments and
projects in South Africa, Djibouti, Rwanda,
Zanzibar, Tanzania, Mozambique and the Comoros
already underway. The Dubai state-owned company
has interests ranging from real estate to
ports.
Based in Cape Town,
DWA has established itself as a contender in
South Africa's elite property stakes, beginning
with the acquisition of the iconic Victoria and
Alfred Waterfront in Cape Town. In the Cape
Winelands, DWA also owns Pearl Valley Golf
Estate, a 170-hectare championship golf course
development, through its Leisurecorp division,
and is currently developing a 5-star
hotel.
Expanding through the
continent, DWA recently announced that it will
invest $200 million in the Bilene Hotel, a
luxury beach resort, golf estate and eco
development along the beachfront in Mozambique.
Situated in a popular holiday village to the
south of the country, just north of Maputo, the
resort spans 1,000 ha and encompasses 18km Sao
Martinho Lagoon, nature reserve and turtle
breeding area. The development includes the
creation of an international competition
standard golf course, a magnificent 5- star
hotel as well as 500 golf course and beach
villas and condos, extensive watersport
facilities and a diving centre. The resort will
be served by its own airport, Bilene Praia. In
the Comoros, the company has purchased the
former Sun International-managed Galawa Beach
Hotel from the country's government as the site
for a brand new, 5-star, 150-bed international
hotel. The current structure has been demolished
making way for the new Kempinski Comoros Luxury
Resort and Residences. Kempinski Hotels has been
appointed to manage the luxury beach resort on
Grande Comores. Dubai World Africa will invest
in the development of the luxury hotel and, in
addition, 22,5ha of adjacent prime beachfront
will be developed, with 100 new upscale
residential villas and townhouses.
Djibouti is the
site of the company's new $250 million Kempinski
Hotel, which includes the expansion of the beach
front and the development of 50 villas. A
further 78 rooms and 43 apartments are currently
being added to the Djibouti Palace Kempinski. A
beautiful roof top-bar at the top of the
six-storey building offers breathtaking sea
views, a children's club, full health spa and
vitamin bar/ gym are all due for completion by
December 2008. A first of its kind for the
country, Djibouti Luxury Villas are being
developed by Dubai World Africa. 50 luxury
villas, which lie in the upmarket suburb of
Haramous 10kms from the company's Djibouti
Palace Kempinski, feature only the finest in
design and finishes.
Zanzibar is the
site of DWA's $150 million Muyuni Beach Resort
for which One&Only has been appointed to
build a luxury hotel and which includes 3km of
prime beachfront property. Furthermore, DWA has
planned investments of some $250 million in
Rwanda where it is developing a tourism master
plan, together with the government, for the
country. With the government as a shareholder,
investments are planned for a hotel along a
rehabilitated golf course in Kigali, the capital
city, and an eco-tourism lodge in the eastern
rain forest. The Gorillas Nest Lodge will also
realize a significant upgrade. Conservation is
also an important focus area of the business,
which has established Dubai World Africa
Conservation as a holding company for a number
of prime game reserves in Africa. The recent
acquisition of 3 world-class leading games
reserves in Shamwari Game Reserve, Sanbona
Wildlife Reserve and Jock Safari Lodge in the
Kruger National Park is a significant move
towards building on the already strong
foundations laid by our partners in eco tourism
and wildlife conservation.
About Dubai
World
Dubai World is a holding
company that manages and works towards making
Dubai the leading hub for the commerce and
trading industry. Dubai World contributes to the
rapid economic growth of Dubai across a wide
range of strategic industry segments ranging
from Nakheel's unique real estate concepts; the
iconic development of The Palm, DP World the
third largest port operator in the world to
segments as diverse as Investments, Leisure and
Financial Services. In the past decade, creation
of wealth has undergone a paradigm shift, with
greater importance placed on acquisition and
application of knowledge as the primary engine
for economic growth all over the world. DWA is
firmly committed to make every country and
community in which it operates a better place to
live and work, knowing that the ongoing vitality
of our host nation and local communities has a
direct impact on the long term health of our
business.
Dubai World Africa
investments
Dubai World Africa
Services (Pty) Ltd is a subsidiary of the
holding company, Dubai World and shares a common
vision, mission and value system. DWA is
responsible for the acquisition and development
of assets in Africa and the Indian Ocean region.
DWA established the brand, Dubai World
Conservation Africa, an eco friendly entity
responsible for the investment in, preservation
and responsible development of game reserves,
wildlife conservation and eco tourism in Africa.
Diversified and Africa WideDWA has assets in
South Africa - Victoria and Alfred Waterfront as
well as Pearl Valley Golf Estate. In Rwanda
&endash; Nyungwe Forest, Akagera National Park,
Gorilla's Nest Lodge ; in Djibouti - Djibouti
Palace Kempinski; in Mozambique - Bilene Beach
Resort and Golf Course, in the Comoros - Comoros
Kempinski Beach Resort and Residences, In
Zanzibar - One and Only Zanzibar and One and
Only Mazagan Resort in Morocco.Photos: Djibouti
Palace Kempinski Hotel - front entrance and
conference ballroom.
Visit: www.dubaiworldafrica.com
or www.africa-ata.org/dubai.htm
