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One Of Golden Opportunity Gallant Venture's Bintan Resorts

By Edited Nov 13, 2013 0 0

Asia is 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.


bintan-map-abdi


Paradise Found

Less than 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.

They have 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.

In 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.


Bintan-golf


Their 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.

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.

A New Investment Opportunity

In July 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 retail outlets.

These facilities are supported by their own infrastructure, including piped potable water, uninterrupted power and an up-to-date tele­communications 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.


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