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A wild investment: TIKZN looking for parties to invest in game reserves
Wed, 01 Oct 2008 09:46

Region
South Africa

Sector

Summary:
TIKZN is facilitating the development of the Mkhambathini Game Reserve and is looking for investors interested in developing, operating and managing the project in partnership with the owners.
Contact
Thokozani Chili

Email
thokozani@tikzn.co.za

Tel
+27 31 368 9629


Project name: MKHAMBATHINI GAME RESERVE

The vision is to create a 110 square kilometre game reserve within 30 minutes drive (from Durban) and 10 minutes (from Pietermaritzburg) of KwaZulu-Natal’s major cities. The park’s enormous competitive advantage over the established game parks is that visitors will be able to view rhino, elephant, buffalo, antelope and a variety of smaller predators at a location so close to these urban centres.

Project Description

The area is located immediately to the north-east of the N3 motorway linking Durban and Pietermaritzburg - the western extent of the proposed reserve actually borders on Pietermaritzburg’s eastern suburbs. A limb of the area crosses the N3 at the Mkhondeni River and may enable the established Bizley Nature Reserve in Pietermaritzburg to link with the new park. A major feature for the reserve will be the Msunduzi River which meanders along the northern boundary. In addition, there are a number of smaller rivers running through the reserve draining into the Msunduzi. The terrain itself is eminently suitable for the variety of species planned.

Budget

A total capital outlay of R135-million (US$17-million) has been estimated. Should all saleable facilities be sold total capital inflow should be approximately R151-million (US$19-million).

An investor is sought to develop, operate and manage the facilities in partnership with the project owners.

For more information contact TIKZN

Project Promoter: Thokozani Chili, Project Manager: TIKZN
Tel: +27 31 368 9629
Cell: +27 78 802 9765
Email: thokozani@tikzn.co.za

Trade & Investment KwaZulu-Natal

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