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Sorry no vacancies: Establish a boutique hotel on golf resort
Fri, 19 Jun 2009 04:14

Region
Lagos
Nigeria

Sector
Property
Tourism & Leisure

Summary:
Companies and investors in the hospitality industry have the opportunity to establish a boutique hotel at the Lekki Beach Golf Resort in Lagos State.
Contact
Senator Tokunbo Afikuyomi

Email
infonigeria@gan.co.za


Companies and investors in the hospitality industry have the opportunity to establish a boutique hotel at the Lekki Beach Golf Resort in Lagos State.

Investors are needed to design, construct, operate and finance the hotel. It is estimated that the facility will have sixty suites situated on nine acres of land. Other facilities required at the hotel is a spa, health centre, tennis court, swimming pool and a small conference centre.

Lekki Beach Golf Resort

The Lekki Beach Golf Resort, situated next to the Atlantic Ocean is a 18 hole par-72 championship golf course designed by American architect Ron Garl. The resort will also feature pratice facilities, retail outlets and restaurants.  

Incentives

The Lagos State Government is determined to keep the state competitive for business and is willing to extend a number of incentives to investment in the tourism and hospitality sector. The federal government is also offering incentives to the tourism industry. These include:

  • The tourism sector was accorded preferred sector status in 1999. This makes the sector qualify for incentives (available to similar sectors of the economy) such as tax holidays, longer years of moratorium and import duty exemption on tourism related equipment.
  • Provision of basic infrastructure such as roads, water supply, electricity and communication facilities to the centre of attraction. Some states have allocated specific areas as tourism development zones thereby making acquisition of land easier.
  • Provision of land for tourism development at concessional rates.
  • Availability of soft loans with long period of moratorium.
  • For more information on this and other opportunities in Lagos State's hospitality sector contact Senator Tokunbo Afikuyomi, Commissioner for Tourism and Inter-governmental Relations at infonigeria@gan.co.za

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