Hotels : Fonds Gabonais d’Investissements Stratégiques signs a partnership to develop hotels in Gabon

On August 2, 2023, the Fonds Gabonais d’Investissements Stratégiques (FGIS), its subsidiaries Façade Maritime du Champ Triomphal (FMCT), an urban development company, Luxury Green Resorts (LGR), a Gabonese tourism operator, and the Kasada Group signed a partnership agreement to develop hotels in Gabon.

Through this agreement, FGIS, FMCT, LGR and Kasada, the investment platform dedicated to the hotel sector in Africa, are responding to the ambition to strengthen the attractiveness of the territory and boost the Gabonese economy. With a current portfolio of eighteen (18) hotels in eight (8) African markets, Kasada will be involved in identifying, evaluating, structuring and managing hotel projects in Gabon, from conception to completion.

Among the projects to be studied within the framework of this collaboration, priority will be given to the upscale hotel complex planned for the northern zone of the Baie des Rois site.