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Invest in tourism opportunities in Limpopo
Tue, 24 Aug 2010 15:55

Region
Capricorn District Municipality
Limpopo
South Africa

Sector
Tourism & Leisure

Summary:
Two opportunities exist to invest in new tourism lodges in the Capricorn District Municipality to serve both local and international travellers for both leisure and businss purposes
Contact
Rakesh Sewlall

Email
economist@cdm.org.za

Tel
+27 82 492 4855


Molepo Dam

An opportunity exists to create an attractive destination for tourists, around the Molepo Dam.
It is proposed that the development will consist of:

  • 40 bedroom lodge at 2-star level
  • Conference Hall
  • Restaurant
  • Shop
  • Education Centre
  • Campsite
  • Water-based activities

Location:

The potential investment opportunity exists at Molepo Dam which is situated 48km from Polokwane on the Polokwane to Tzaneen Road (R71).

Target markets:

  • Domestic leisure visitors
  • School groups (educational tours)
  • Businesses (conferences and teambuilding exercises)


Approximate investment:

R13.5-million (at 2008 prices)


Sego Game Reserve

An opportunity exists to create an attractive destination for tourists, around Sego Game Reserve.

The proposed opportunity will consist of:

  • 23 bedroom lodge, consisting of 8 self-catering rooms
  • Conference Hall
  • Restaurant
  • Curio Shop
  • Education Centre
  • Campsite
  • Adventure and nature-based activities

Location:

The potential investment opportunity exists at Sego Game Reserve, which is situated in Capricorn District, 60km east of Polokwane.

Target markets:

  • Domestic and foreign holiday/leisure visitors (nature and adventure)
  • Domestic day visitors (picnics, braai, nature and adventure)
  • Businesses (small conferences and teambuilding exercises)

Approximate investment:

R17.6 million (at 2008 prices)

*Note:  Molepo Dam and Sego Game reserve can be undertaken as a single investment opportunity because of their close proximity to each other.

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