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The Pearl Marina Development Entebbe, Uganda April 2013 General.

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Presentation on theme: "The Pearl Marina Development Entebbe, Uganda April 2013 General."— Presentation transcript:

1 The Pearl Marina Development Entebbe, Uganda April 2013 General

2 Pearl Marina 2 Pearl Marina development, a 300 acre prime property on the Garuga Peninsula, is owned by Pearl Marina Estates Limited, a member of Centum Investment Group The property will be developed as a premium integrated water front destination and resort town and a premier Uganda tourism asset. Through trade, investment and the creation of thousands of employment opportunities in construction, real estate and tourism, the development will make a significant contribution to socio–economic development in the region The development provides premium tourism and residential facilities including hotels, conference facilities, luxury apartments, villas, a golf course, marinas, hospital, international school, modern office park and a retail centre The development is scheduled to break ground in Q

3 Centum 3 Project Backing Centum Investment Company Limited is the largest listed private equity company in Eastern Africa Vision To be Africas foremost investment channel Assets Under Management Over USD 250 million Credit Rating Long term rating A-(KE)* Business Lines Private Equity, Quoted Private Equity and Real Estate & Infrastructure Portfolio Companies These include blue chip companies such as Coca Cola bottling companies, UAP Group, Aon, NAS Servair, Kenya Wine Agencies and General Motors East Africa. * Global Credit Rating Co -

4 Pearl Marina Vision 4 Pearl Marina, a premium integrated world-class waterfront destination address, recognized as the number one tourism destination in East Africa and beyond will: Attract a diverse group of visitors and residents Optimize spend in the commercial and leisure developments Serve the needs of a diverse group of people Optimize and build value from the unique Island-lake setting by creating a modern lifestyle Ugandan Investors Ugandan Investors Diaspora Expatriates

5 Master Plan 5 The development will integrate: hotels, conference facilities, residential apartments, villas, golf course, marina, hospital, international school, modern office park and a retail centre The total built up area is 650,000 M² when completed

6 Location 6 Connected to Entebbe-Kampala via Garuga road Close proximity to Entebbe airport 10 km East of Entebbe and 20 km to Kampala Set on partially developed peninsula that has shoreline on Lake Victoria Linked to both Kampala and Entebbe by Lake Victoria

7 Project Status 7 Completed Significant Progress Milestones Land acquisition Market research Transport Impact Assessment Master plan Approval by Wakiso Council Engineering Feasibility reports NEMA Approval Water Abstraction permit Ground breaking in Q2 2014

8 Social-Economic Benefits The development will create numerous opportunities for investments in: Social facilities (school and hospitals) Hotel, marina, golf course and promoting Uganda as a tourism destination Create numerous employment opportunities in real estate and tourism related activities. Promote fishing by setting up a fish market as part of phase 1 development Promote tourism and increase tourist spend Increase foreign direct investment Increase supply of housing units and infrastructure development The development represents an investment of US$99,531,004 in phase One and US$ 901,691,117 when complete, with significant positive impact to Ugandas GDP

9 Marina Concept 9 The marina will offer: 1.Ferry terminal 2.Water sports 3.Boat services Market Research The distinctive attraction of Uganda as a tourist destination arises out of the variety of its game stock and its unspoilt scenic beauty, substantial natural resources for tourism (Fernridge Consultants,2012)

10 Beach Concept 10 The beach will comprise: Private beach Public beach

11 Hotel resort Concept 11 The hotel will offer: Conference facilities Accommodation Market Research A good level of occupancy of between 60% to 70% was recorded at most of the prominent hotels and resorts. We are of the opinion that conference facilities should be included in Pearl Marina development (Fernridge Consultants, 2012)

12 Golf Course Concept 12 A unique world class 9 hole golf course designed by Golf Data Market Research The entire development will act as a regional destination and the proposed golf course will generate synergy for the other uses ( Fernridge Consultants,2012)

13 Luxury Apartment Concept 13 The apartments will offer: Breath taking sceneries overlooking the golf course

14 The Development Team 14 Pearl Marina Estates Limited Developer Athena Properties Ltd Development & Project Managers GAPP Urban Planners YMR Quantity Surveyors New Plan MEP Engineers BOGGERTMAN Architects FERNRIDGE Market Consultants WSP Engineers 5 th Dimension Architects

15 Centum Investment Company Ltd. International House, 5th Flr. Mama Ngina St. PO Box Nairobi, Kenya Tel Mobile Fax

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