Dubai World Africa has announced that it is to invest $200 million in a Mozambique golf complex. The golf resort is situated along 4 kilometres of some of Mozambique’s finest beachfront and includes a golf estate, an eco development, the Bilene Hotel and incorporates a nature reserve and the 18 kilometre Sao Martinho Lagoon.
$150 million of the money will go towards the creation of an international competition standard golf course along with a 5 star hotel and 500 villas and condos along the golf course and beach. The golf resort will be easily accessible via the Bilene Praia airport .
The investment is just part of the money the Dubai World Group has earmarked to be invested in golf destinations across the world. Dubai World Chairman Sultan Ahmed bin Sulayem has indicated that the company will invest around $1.5 billion in Africa over the next five years.
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Dubai World Africa Invests in Mozambique Golf Resort Thu, 21 Feb 2008 Recommended linksNeed New Golf Clubs?Top Sportswear Outlets Play at a Top Golf Course Take Part in Golf Tournaments Sports Bookies Azinger Announces Change in Format for Golf's Ryder Cup Sixteen Year Old is Japan's Youngest Ever Professional
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