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The Pearl Marina DevelopmentEntebbe, Uganda
April 2013
Pearl Marina
2
Pearl Marina development, a 300 acre prime property onthe Garuga Peninsula, is owned by Pearl Marina EstatesLimited, a member of Centum Investment Groupwww.centum.co.ke
The property will be developed as a premium integratedwater front destination and resort town and a premierUganda tourism asset.
Through trade, investment and the creation of thousandsof employment opportunities in construction, real estateand tourism, the development will make a significantcontribution to socio–economic development in theregion
The development provides premium tourism andresidential facilities including hotels, conferencefacilities, luxury apartments, villas, a golf course,marinas, hospital, international school, modern officepark and a retail centre
The development is scheduled to break ground in Q2-2014
Centum
3
Project BackingCentum Investment Company Limited is the largest listed private equity companyin Eastern Africa
VisionTo be Africa’s foremost investment channel
Assets Under ManagementOver USD 250 million
Credit RatingLong term rating A-(KE)*
Business LinesPrivate Equity, Quoted Private Equity and Real Estate & Infrastructure
Portfolio CompaniesThese include blue chip companies such as Coca Cola bottling companies, UAPGroup, Aon, NAS Servair, Kenya Wine Agencies and General Motors East Africa.
*Global Credit Rating Co - www.centum.co.ke
Pearl Marina Vision
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• Pearl Marina, a premium integratedworld-class waterfront destinationaddress, recognized as the number onetourism destination in East Africa andbeyond will:
• Attract a diverse group of visitorsand residents
• Optimize spend in the commercialand leisure developments
• Serve the needs of a diverse groupof people
• Optimize and build value from theunique Island-lake setting bycreating a modern lifestyle
UgandanInvestors
Diaspora
Master Plan
5
• The development will integrate:hotels, conference facilities,residential apartments, villas,golf course, marina, hospital,international school, modernoffice park and a retail centre
• The total built up area is 650,000 M² when completed
Location
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• 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
Project Status
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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
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$99,531,004 in phase One and US$ 901,691,117when complete, with significant positive impact to Uganda’s GDP
Marina Concept
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The marina will offer:
1. Ferry terminal2. Water sports3. Boat services
Market Research
“The distinctive attractionof Uganda as a touristdestination arises out ofthe variety of its gamestock and its unspoiltscenic beauty, substantialnatural resources fortourism”
(Fernridge Consultants,2012)
Beach Concept
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The beach will comprise:
• Private beach• Public beach
Hotel resort Concept
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The hotel will offer:
• Conference facilities• Accommodation
Market Research
A good level of occupancy ofbetween 60% to 70% wasrecorded at most of theprominent hotels and resorts.“We are of the opinion thatconference facilities shouldbe included in Pearl Marinadevelopment”
(Fernridge Consultants, 2012)
Golf Course Concept
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• A unique world class 9 holegolf course designed by GolfData
Market Research
“The entire development willact as a regional destinationand the proposed golf coursewill generate synergy for theother uses”
( Fernridge Consultants,2012)
Luxury Apartment Concept
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The apartments will offer:
• Breath taking sceneries overlooking the golf course
The Development Team
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Pearl Marina Estates LimitedDeveloper
Athena Properties LtdDevelopment & Project Managers
GAPPUrban Planners
YMRQuantity Surveyors
New PlanMEP Engineers
BOGGERTMANArchitects
FERNRIDGEMarket Consultants
WSPEngineers
5th DimensionArchitects
Centum Investment Company Ltd.International House,5th Flr. Mama Ngina St.PO Box 10518-00100Nairobi, Kenya
Tel +254 20 316303Mobile +254 722 205339Fax +254 20 223223Email [email protected]