Club Med/Vacap/FONSIS/CDC – Saraba Village Resort Development – Senegal - Project Profile

Club Med/Vacap/FONSIS/CDC – Saraba Village Resort Development – Senegal - Project Profile

Synopsis

"Club Med/Vacap/FONSIS/CDC – Saraba Village Resort Development – Senegal - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "Club Med/Vacap/FONSIS/CDC – Saraba Village Resort Development – Senegal - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Club Med, Vacances Cap Skirring SA (Vacap), Fonds Souverain d’Investissements Stratégiques Sénégalai (FONSIS) and Caisse des Dépôts et Consignations du Sénégal (CDC) are planning to build a resort in Nianing, Petite Côte, Senegal.

The project involves the construction of a resort on 30ha of land. It includes the construction of a 350-room hotel comprising 1,000 beds, restaurants, a bar, a swimming pool, parking and related facilities.

Funding for the project recommended by the Dakar Impaxis Capital and also supported by BOAD and CBAO Attijariwafa Bank Group.

On August 21, 2015, Club Med signed a memorandum of understanding (MoU) with the Government of Senegal for the project.

JB Services has been appointed as architect and contractor for the project.

Planning activities are underway.Scope

The Sabara Village project involves the construction of a resort on 30ha of land in Nianing, Petite Côte, Senegal.

The US$70 million project includes the following:

1. Construction of a 350-room hotel comprising 1,000 beds

2. Construction of restaurants

3. Construction of a bar

4. Construction of a swimming pool

5. Construction of parking facilities

6. Construction of related facilitiesReasons To Buy

• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.