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The Pearl Marina Development Entebbe, Uganda

General. The Pearl Marina Development Entebbe, Uganda . April 2013. Pearl Marina . 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 www.centum.co.ke

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The Pearl Marina Development Entebbe, Uganda

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  1. General The Pearl Marina Development Entebbe, Uganda April 2013

  2. Pearl Marina • 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 www.centum.co.ke • 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 Q2-2014

  3. Centum • Project Backing Centum Investment Company Limited is the largest listed private equity company in Eastern Africa • Vision To be Africa’s 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 - www.centum.co.ke

  4. Pearl Marina Vision • 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 Expatriates Diaspora

  5. Master Plan • 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 • 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 Completed • Land acquisition • Market research • Transport Impact Assessment • Master plan Approval by Wakiso Council • Engineering Feasibility reports Significant Progress Milestones • 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 Uganda’s GDP

  9. Marina Concept The marina will offer: Ferry terminal Water sports 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 • The beach will comprise: • Private beach • Public beach

  11. Hotel resort Concept • 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 • 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 • The apartments will offer: • Breath taking sceneries overlooking the golf course

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

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