Praia, Cape Verde, 5 June – The Sambala Village resort, on the Cape Verdean island of Santiago, is expected to be operating in Spring 2008, the resort’s marketing director, Jim Campbell told Macauhub Monday.
The resort’s owner, the São Francisco Development Company of Cape Verde, owned by Anglo-Norwegian magnate Daniel Grepne, who bought the land on which the resort is being built in the 1960s, has already invested over 20 million euros in its construction.
The resort, with an area of 20 square kilometers located in the southeast of Santiago island, six kilometers from the capital, is being built in stages and the first, with 382 apartments in nine residential blocks and 68 houses, has already been concluded.
The second stage, which is under construction, will include 41 villas and 195 houses, which will also be located next to Sao Francisco beach, which is 800 meters wide.
Campbell said that, in the third stage of the project, which is expected to be totally concluded by 2010, only villas would be built.
Campbell also said that three hotels would be built in the resort and negotiations were currently underway with parties potentially interested in managing them.
Sambala Village, work on which began in June 2005, is selling one bedroom apartments from the first stage at 58,000 euros and three bedroom houses at 127,000 euros.
Campbell also said that the final investment figure for Sambala Village, when the five stages of building were over, including a golf course and marina, could be over 100 million euros.
The resort will be the largest employer on Santiago Island once it is concluded, with over 800 workers. At the moment 450 Cape Verdean workers work at Sambala Village and 20 British workers.
The resort has just opened a desalination plant, with an initial capacity of one million liters of drinking water per day, at a total investment of 8 million euros.
The desalination plant also provide drinking water to around 1,000 people living in the towns of Vale de Custa and Sao Francisco. (macauhub)