heating up with a new place to play and stay in - and investors are paying
attention. Here's why Gallant Venture's Bintan Resorts
is a compelling growth
story, as well as a golden opportunity for the region.
55 minutes by ferry from Singapore's eastern coast lies Bintan, an Indonesian
resort island boasting fine white sand beaches and clear blue waters. Bintan
Resorts hosts marquee names like Banyan Tree, Club Med, Gary Player, Greg
Norman, Ian Baker-Finch and Jack Nicklaus among their ten hotels and resorts
and four championship golf courses.
long been a favorite with holiday makers for their gorgeous natural scenery and
wide range of recreational activities including water sports, adventure sports,
and relaxing, soothing destination spas.
addition, they are also a haven for cutting edge adventure and sporting activities.
Among the major events they've hosted here are stops on the Asian Windsurfing Tour,
the Asian Golf Tour, and the AsianTriathlonTour, Truly, Bintan Resorts has a
little something for everyone.
little island is starting to get noticed. Tourist arrivals have been increasing
at an average growth rate of 11%, reaching around 330,000 in 2007. They expect
this growth to increase even more dramatically because of their strategic
proximity to Singapore.
is well into its plan to double visitor arrivals to a projected 17 million by
2015 by making huge new investments in the arts, entertainment and sports in
order to attract an increasingly sophisticated tourist dollar. With upcoming
attractions such as the new Integrated Resorts, the Formula One race and an
increasing number of world-class annual events, and a couple of billion
increasingly affluent and travel hungry people within a five-hour flight
radius, visitors to Singapore will provide a wonderful pool of visitors to
tempt into visiting Bintan Resorts.
And when they come, Bintan will be waiting. Singapore and Bintan
have always been positioned as twin destinations. Imagine a city jaunt and
beach resort getaway in one single holiday, certainly an appealing proposition.
Already, the Ritz-Carlton and niche resort hotelier, Alila Hotels & Resorts
have announced plans to launch their brand of luxury resorts in the island.
2007, they released their latest project - a 1.300 hectare land parcel (part of
their 18.200 hectare landbank) known as Lagoi Bay designed to complement the
existing resorts. Lagoi Bay has been master planned and includes sites for
hotel and resort developments, luxury residences, a marina, a golf course, a
beach village with land for boutique hotels, spas and other lifestyle and
These facilities are supported by their own infrastructure,
including piped potable water, uninterrupted power and an up-to-date teleÂcommunications
network. Additional plans for a tourist airport, new high-speed ferries, a
ferry terminal expansions new power plant and roads are underway.
Further stimulus is expected with the anticipated
establishment of the Special Economic Zone in Bintan supported by the
governments of Singapore and Indonesia who already share a strong relationship
and long history of co-operation.