LAAMU INTEGRATED GUEST HOUSE PROJECT MALDIVES

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4 WELCOME TO LAAMU BARESDHOO INTEGRATED GUEST HOUSE PROJECT Laamu Baresdhoo integrated guest house project, a realisation of President Yaameen Abdul Gayyoom s vision for the guest house project outline in the PPM tourism manifesto is the first of its kind in Maldives. The project is aimed at diversifying the tourism product of Maldives by catering to the middle market segment and boost the socio-economic development by engaging local Small Medium Enterprises in the tourism sector of Maldives. This document will offer a highlights of the investment opportunities. COMMON INFRASTRUCTURE The project is planned to be developed with common infrastructure elements including but not limited to electricity, sewerage, water, waste disposal and harbour services to ensure that investors are able to simply kick off their own individual ventures without having to concern themselves with infrastructural issues.

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6 MALDIVES MAL E ATOLL VELANA INTERNATIONAL AIRPORT LAAMU ATOLL ISLAND NAME : BARESDHOO ATOLL AREA : 72.5 HACTARES ACCESIBILITY : FLIGHT FROM VELANA INTERNATIONAL AIRPORT TO KADHDHOO.

7 LAAMU INTEGRATED GUEST HOUSE PROJECT MALDIVES O4 05 L.BARESDHOO KADHDHOO AIRPORT LOCATION The strategic location for the project is Hahdhunmathi (Laamu) atoll. Baresdhoo, located in Laamu Atoll, is a renowned hotspot for fishing and diving. The domestic airport is a 5-minute boat ride away from Baresdhoo, following a 40-minute flight from Velana International Airport to kadhdhoo.

8 INVESTMENTS IN HOSPITALITY Proposed development plan of the project are aimed at developing various platforms for investments; mainly hotels and guest houses. Additionally, the project also creates a range of options to invest in complimentary services, allowing investors the opportunity to capitalise on the middle market - one of the largest segments in the global travel and tourism sector. Each property type is to be positioned to cater to the specific requirements and needs of the expected demand generators. The project offers a wide range and depth of opportunities for potential investors supported by key sub-elements, all of which are expected to induce growth and attain sustainability in the region. The development of the project will be undertaken by MITDC to ensure the continuity targeted towards a grand opening that delivers a full and completed project to the investors. However, investors will have the opportunity to customize their property. Investors are to pay a monthly rental fee and operate their property at Baresdhoo.

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10 BEACH HOTEL MID MARKET PROPERTIES LAND AND OVER WATER ROOMS There are two key areas earmarked for mid-market development and are expected to be the leading hospitality assets of Baresdhoo. Each of these proposed hotels will have an area of 4 hectares with exclusive beach and lagoon. One of these will be the only property in the project allowed to develop overwater villas. Both of these sites are perfectly positioned for the development of beach hotels catering to the leisure demands generated from Baresdhoo. SITE INFORMATION SUMMARY LOCATION INVESTMENT BEACH FRONT MONTHLY RENT / LONG TERM LEASE NO. OF LOTS 2 NO. OF ROOMS PER LOT M 2 FACILITIES RESTAURANT SPA WATER SPORTS RECREATIONAL AREA SWIMMING POOL INVESTMENT OPPORTUNITY

11 LAAMU INTEGRATED GUEST HOUSE PROJECT MALDIVES O8 09 GUEST HOUSES MID MARKET PROPERTIES THE PROJECT OFFERS GUEST HOUSES OF 10,000 SQFT AND 5,000 SQFT INVESTMENT OPPORTUNITY

12 GUEST HOUSES MID MARKET PROPERTIES 10,000 SQ FT Beach front plots each measuring 10,000 square feet will be an excellent opportunity for the development of boutique style beachfront guesthouses, each hosting 60 rooms. The proximity to central common areas is especially thought to be conducive for the operation of beach front outlets. SITE INFORMATION SUMMARY LOCATION INVESTMENT BEACH FRONT MONTHLY RENT / LONG TERM LEASE NO. OF LOTS 10 NO. OF ROOMS PER LOT 60 MAXIMUM 12 M 2 FACILITIES SWIMMING POOL CAFÉ SPA INVESTMENT OPPORTUNITY

13 LAAMU INTEGRATED GUEST HOUSE PROJECT MALDIVES GUEST HOUSES MID MARKET PROPERTIES 5,000 SQ FT Beach front plots each measuring 5,000 square feet with 35 rooms are aimed towards attracting smaller investments providing an excellent opportunity for the development of beachfront boutique hotels SITE INFORMATION SUMMARY LOCATION INVESTMENT BEACH FRONT MONTHLY RENT / LONG TERM LEASE NO. OF LOTS 24 NO. OF ROOMS PER LOT 35 MAXIMUM 12 M 2 FACILITIES SWIMMING POOL CAFÉ SPA INVESTMENT OPPORTUNITY

14 All sub-sector developments are now planned to be leased for substantially small rental values on a profit sharing basis, with full management rights given to the operators. BEACH CLUB Three plots are dedicated for the development of beach clubs each measuring 5000 square feet, with the potential to offer activities ranging from leisurely dining with live music as entertainment to fun filled activities. LOCATION INVESTMENT BEACH FRONT MONTHLY RENT / LONG NO. OF LOTS 3 TERM LEASE DIVE CENTER The operation of dive centres is one of the most profitable ventures throughout the country. Baresdhoo has assigned 3 locations for the development of dive centres, all in the service island. LOCATION INVESTMEN BEACH FRONT MONTHLY RENT / LONG NO. OF LOTS 3 TERM LEASE INVESTMENT OPPORTUNITY

15 LAAMU INTEGRATED GUEST HOUSE PROJECT MALDIVES SPECIALTY RESTAURANTS Eleven lots are proposed for the development of specialty restaurants offering lucrative investment opportunities. High yields are expected to be met by serving the culinary demands from visitors to Baresdhoo. LOCATION INVESTMENT WITHIN THE ISLAND MONTHLY RENT / LONG NO. OF LOTS 11 TERM LEASE SPA & WELLNESS CENTERS Spas and wellness centres are now part of the modern travellers itinerary. To capitalise on this, 3 lots are proposed for the development of such centres within the island. Profitable operations are once again expected from visitors to the island. LOCATION INVESTMENT WITHIN THE ISLAND MONTHLY RENT / LONG NO. OF LOTS 3 TERM LEASE INVESTMENT OPPORTUNITY

16 LAND USE PLAN CONCEPT BEACH HOTEL GUEST HOUSE MOSQUE CONVENTION CENTRE DAYCARE CENTRE ARCADE/BOWLING COMMERCIAL RESTAURANTS BOTANICAL GARDENS FOOD COURTS PAINT BALL ARENA/STATION BEACH BAR/CLUB SPA AND WELLNESS CENTRE DIVE CENTRE WATER SPORTS SQUASH COURT WATER BODY/WATER THEME PARK MUNICIPAL ARRIVAL LOUNGE/RESTAURANT UTILITIES AMPHITHEATRE LIBRARY/CULTURAL MUSEUM GYM/ INDOOR SPORTS AGRICULTURAL ZONE ARCHERY/SHOOTING RANGE CHILDREN S PARK OPEN/GREEN SPACES CINEMA/ THEATRE STAFF VILLAGE ROAD/PARKING LIGHT INDUSTRY/WAREHOUSE

17 LAAMU INTEGRATED GUEST HOUSE PROJECT MALDIVES OTHER DEVELOPMENTS FOR OPERATORS AND INVESTORS There are a number of other developments planned not only as a means of revenue but also aimed at offering an all-encompassing holiday experience to visitors assuring repeaters and marketing via word of mouth. The objective is to ensure that this novel project meets or exceeds the expectations of stakeholders. Baresdhoo will have two playing fields and two mosques that will be not be leased but maintained with the cooperation and contribution of operators and investors. With these objectives in mind the following is a list of common attractions aimed at visitors. ARRIVAL LOUNGE/RESTAURANT STAFF ACCOMMODATION BLOCKS TYPE A WATER SPORTS STAFF ACCOMMODATION BLOCKS TYPE B ARCADE/BOWLING DAY CARE CENTRE STAFF COMMUNITY CENTRE STAFF LAUNDRY EXECUTIVE BUNGALOWS FOOD COURT/MESS/ CANTEEN CLINIC / MEDICAL CENTRE PAINTBALL ARENA SQUASH COURT GYM/INDOOR SPORTS ARCHERY/SHOOTING RANGE CINEMA/THEATRE

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