Development of Island Paradise
20 March 2008
Dubai-based Emirates Hotels and Resorts is planning to invest US $253 million in a new project in the Seychelles to bolster its portfolio of luxury properties.
The Emirates Group division is making its biggest outlay yet for the Emirates Cap Ternay Resort and Spa on Mahe, which will open in 2010.
The 9 ha resort will follow the same principles of sister properties Al Maha in Dubai and Wolgan Valley, which is currently being built in the Blue Mountains near Sydney, Australia.
Conservation of the environment will be paramount when building and operating the Creole-style resort, said a company spokesman.
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