Countrywide Resort Hotel

Project Description

PROJECT DESCRIPTION:

The project involves construction and operation of a resort hotel in Kabula, Blantyre, which will contribute to Malawi’s tourism sector.

PROJECT LOCATION:

Kabula, Blantyre

LEAD AGENCY/ PROJECT PROMOTER:

Countrywide Hotels and Resorts Limited

ACTIONS REQUIRED/ IMPLEMENTATION ARRANGEMENTS/ CONTRACT TYPE:

Joint venture partnership – either 30: 40 in favour of the investor, or 40:60

Financing – 100% Debt

AVAILABILITY OF PRE-FEASIBILITY STUDIES, FEASIBILITY STUDIES, AND OTHER STUDIES:

The project feasibility documents have been completed by the Project Developer/Promoter.

INVESTMENT REQUIRED:

Capital Expenditure Requirement – USD 3,750,000

Working Capital Requirement – USD 100,000

Proposed Financing Structure – Debt and Equity partnerships

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Country

Malawi

Location (s)

Blantyre

Sector

Tourism

Sub Sector

Leisure & Development

Investment Value Range

1-5 million USD

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