British firm Pennyroyal Gibraltar has announced plans to construct a US$1bn resort in Zanzibar Island. The Zanzibar Amber Resort will be built in the northeast of Zanzibar Island in Unguja.
The Director of Pennyroyal Gibraltar, Brian Thompson said that the resort would take approximately eight years to be complete and operational and would lead to the creation of more than 1,500 jobs.
The development will be home to five five-star hotels and it will comprise an equestrian centre, a private jet airport that will have a 3,000-m runway, an international school and modern medical facilities. It will be a mixed-use residential and hospitality project.
Electricity between 25 and 30 MW will be generated at gas and wind energy plants that are set to be built near the mega resort.
Apart from the resort construction, the company is looking forward to invest in Corporate Social Responsibility by planning to build a community arts centre to promote the culture of the region as well as a police station to guarantee the residents good security.
