USD 47,600,000
Spent so far: USD 75,000
Can spend more: Yes
Tanzania
Assured repayment by: Independent and credible feasibility study | Operations & Management Agreement
Submission Ready Indicators:
LTV Expectation: 100%
Land/Site: Sale/lease agreed
EPC Contracts: Draft form
PPA/OMA or other off-take agreements: Draft form
Financial Projections: Completed and available
$28,5m to acquire property and current operations; $19,1m required to develop the waterfront. To include 2 x top 5 international brand hotels and to include retail and office space and recreation facilities
| USD | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Turnover | 5 086 812 | 5 795 967 | 10 540 404 | 17 748 274 | 19 410 559 |
EBITDA | 1 873 012 | 2 228 015 | 3 304 840 | 5 629 953 | 6 044 870 |
% | 36,8% | 38,4% | 31,4% | 31,7% | 31,1% |