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The purpose of this business plan is to formally introduce you to the Al-Kouthar Entertainment and Leisure brand designed and based on Islamic principles. This will be done through both outright acquisition and customization of a facility or the development of a facility from the ground up. It all depends on the property type available and the location.Initially three resorts are being planned:· Resort 1 – Luxury: 4-5 star (26 hectare farm in Franschhoek) designed for High Income group · Resort 2 – Mid-range: 3 –Star (property identified but to be confirmed) designed for middle income earners.· Resort 3 – Designed for low income earners and will include camping facilities (property identified but to be confirmed)Plans are currently underway to commission Resort 1 - the first of three intended resorts. From an investment point of view, Orion intends to develop a balance sheet of Al-Kouthar resorts and products between R800 million and R1bn over the next 5-7 years. Orion Properties 156 (Pty) Ltd, (hereafter “Orion”) through its Al-Kouthar Entertainment and Leisure branded resorts and developments intend to make available a series of holiday resorts at different levels for all people who support Islamic-based holiday resorts. While many resorts are Halaal sensitive, there is no resort that is exclusively founded on Islamic principles. There is no resort that caters specifically and exclusively for this clientele. There are at least one million Muslim citizens in the greater Cape Town region alone. Al-Kouthar (Arabic for Streams from Heaven) will be a series of South African resorts that are alcohol free, drug and gambling free and founded on Islamic principles of respect, dignity and religious tolerance.In South Africa generally, and Cape Town in particular, there is a growing need for holiday resorts which cater to and for the needs of the Islamic community. The paperwork is in the last stages of finalization for a resort to be named the Al-Kouthar Rive
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