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On the occasion of the AFC Live event, a special session and exhibition on Cabo Verde is to be organized. Cabo Verde will become the newest member of the African Finance Corporation on 25th March 2014 during the AFC Live event. The session will include a presentation on Cabo Verde and specially arranged business-to-business meetings. The meetings will provide a platform for interested firms and investors to explore opportunities for investment in Cabo Verde with a delegation of Cabo Verdean businesses led by H.E. Cristina Duarte, the Minister of Finance and Planning. Cabo Verde, a member of ECOWAS, is made up of a group of ten islands located off the coast of West Africa. It gained its independence in 1975 and has become one of the fastest growing economies in the region since it embarked on a national transformation agenda in 2003. Cabo Verde graduated to middle income status in 2008 and its economy is largely based on tourism, fisheries and services. Tourism, its biggest economic sector, witnessed double-digit growth annually over the last decade. The country has made significant investment in infrastructure with four international airports, extensive road and telecommunications networks, and nine ports including the main ports of Sao Vicente and Praia. Investment opportunities abound in tourism sector and in the supply chain to major resorts and hotels, transportation (airline, airports and ports), fisheries, agro-business, light industries, business process outsourcing, finance and banking, real estate and construction, and renewable energy (solar and wind). The government is embarking on a second wave of privatization including the national airline (TACV), port management company (ENAPOR), energy and water company (Electra), etc.. Cabo Verde offers a strategic location in the middle of the Atlantic. By flight, Cabo Verde is only 60 minutes from the West African mainland, less than 7 hours to the East Coast of the United States, 3 to 5 hours to most European cities, and 3 hours to Northeast of Brazil. Beyond the strategic location, Cabo Verde provides an excellent environment for businesses, with its one-stop- shop for government services and investors. It is a safe haven with a free economy, good governance, and lack of corruption. Cabo Verde is of the most democratic countries in Africa and has consistently ranked among the top countries in major indexes such as those of Mo Ibrahim Foundation, Freedom House, and the World Bank. Its rankings in human development index, life expectancy, literacy rate and many other social indicators are among the best in Africa and in many cases comparable with many European countries.

Capital and largest city: Praia Official languages: Portuguese Demonym: Cabo Verdean Government: Parliamentary republic Legislature: National Assembly Independence: from Portugal - 5 July 1975 Area: Total: 4,033 km2 (172nd); Population: - 2013 estimate 531,046 (165th in the World) - Density 123.7/km2 (89th) GDP (PPP) 2013 estimate - Total $2.305 billion - Per capita $4,313.478


CHAVES BEACH RESORT

CHAVES BEACH RESORT IS DESIGNED FOR BUILDING A HOTEL DEVELOPMENT CONSISTING OF 226 UNITS AND OTHER FACILITIES PROVIDED IN THE VARIOUS PUBLIC AREAS, INCLUDING A BEACH CLUB WITH RES- TAURANTS, BAR AND TERRACE, A SPA, POOL AND SERVICE AREAS THAT INCLUDE A BUILDING FOR SUPPORT AND MAINTENANCE, PARKING SERVICE AND A SPACE FOR THE WWTP.

Global amount of the project:

US$54M Promoter: Dinis Fonseca. dfonseca@turim.cv | +2389912828

Investment done so far:

US$7M


SALINAS BEACH RESORT

SALINAS BEACH RESORT IS INTEGRATED IN A DELICATE AND SPECTACULAR MICROALANDSCAPE FORMED BY BROAD WHITE SAND BEACHES. LOCATED 100 METERS FROM THE SEAFRONT, 2 MINUTES FROM THE PORT AND THE MAIN TOWN, 5 MINUTES DRIVE FROM THE AIRPORT. THE RESORT HAS 6 FRONT LINE LUXURY VILLAS WITH SWIMMING POOL, 34 SEA VIEW VILLAS Global amount of the project:

Investment done so far:

US$45M

US$37M

Promoter: Carla Lima limacarla@sogei.cv | +2389930099


SANTA MARIA DESIGN HOTEL FOTO

HOTEL DESIGN 5 STAR WITH 137 ROOMS, 80 APARTMENTS (40T1 AND 40T2); 1.800sqm OF COMMERCIAL AREA, INTERNATIONAL CONFERENCE CENTER WITH 1.500sqm OF AREA Global amount of the project:

Investment done so far:

US$35M

US$10M

Promoter: Gualberto do Rosรกrio gdpsgps.pca@gmail.com | +2389913179


SANTIAGO GOLF RESORT FOTO

THE DEVELOPMENT COVERS AN AREA OF 650 HECTARES, PERMITTING A COMFORTABLE LAYOUT OF FACILITIES, EACH WITHIN EASY DISTANCE OF RESIDENTIAL CENTRES, HARBOUR AREAS, GOLF RESORT TOWN CENTRE AND THE VARIOUS HOTELS, PERMITTING AMPLE SPACE AN UNINTERRUPTED SEA AND MOUNTAIN VIEWS. SANTIAGO COUNTRY CLUB IS A DEVELOPMENT CONSISTING OF A LIMITED NUMBER OF LUXURY VILLAS AND CONDOMINIUMS IN AN AROUND THE GOLF RESORT AREA INCLUDING THE HARBOUR WEST AND EAST AREAS WHICH OVERLOOK THE OLD SEAPLANE BASE.

Global amount of the project:

US$689M Eugenio Inocencio eugenioinocencio@gmail.com | +002389912000

Investment done so far:

US$35M


SALAMANSA OCEAN & GOLF RESORT

THE SALAMANSA OCEAN & GOLF RESORT IS A 560 HECTARE OF A BEAUTIFUL COASTLINE LANDSCAPE COMPRISING A 5 STAR INTERNATIONAL RESORT, WITH 250 ROOM BRAND HOTEL, AN 18 HOLE JACK NICKLAUS SIGNATURE GOLF COURSE WITH CLUB HOUSE AND DRIVING RANGE, AN EXCLUSIVE SPA, A BRAND BOUTIQUE HOTEL, 100+ BERTH MARINA, MAGNIFICENT BEACH WITH PRIVATE BEACH & WATERSPORTS CLUB, KIDS ADVENTURE CLUB, A COUNTRY CLUB, AND, DEDICATED RETAIL SET WITHIN THE MARINA COMPLEX. THERE WILL BE OVER 1 600 HOMES, RANGING FROM LUXURY BEACHFRONT VILLAS, TO LAGOON VILLAS, TO GOLF TOWNHOUSES AS WELL AS APARTMENTS.

Global amount of the project:

Investment done so far:

US$54M

US$28M

Promoter: Paulo Figueiredo paulofigueiredo@empreitel.cv | +238 991 32 10


info@ccis.cv Tel. 00238 261 5352 - Fax. 00238 261 7235

www.cciss.cv

Tourism Real Estate Investment Opportunities in Cabo Verde  

This brochure highlights a few tourism ventures on going in the Islands of Boavista, Maio, Sal, Santiago and São Vicente. One interested wil...

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