Construction contracts in excess of R350 million awarded

Their appointment earmarks a key milestone for this prestigious R1.1 billion development with the planned completion on track for the 2nd Quarter of 2009.

The main contract for the construction of the hotel, garden suites and condos has been awarded to G. Liviero & Sons Building, while Stefcon Projects has been awarded the construction of the Beach Club, fractional units and certain residential sections.

The combined value of these phases of the project exceeds R350 million.

Commenting on the project, Wessel Witthuhn V.P. Development (Africa & Indian Ocean) said: “We are exceptionally excited with the commencement of construction to the new Fairmont Zimbali Hotel Development within the beautiful Zimbali Estate. After an extensive tender process, we are pleased to award the construction of the new hotel and accompanying residential components to Liviero and Stefcon. This is only the first phase of our long term vision for the Fairmont Zimbali Resort. The remaining phases will be awarded at a later stage”

Said Andre du Plessis, Commercial Director of G. LIVIERO & SONS BUILDING “G Liviero & Son Building are proud to be associated with IFA Hotels & Resorts on a project as prestigious as the Fairmont Zimbali Hotel. It is an honor to have been selected as the principal contractor and we look forward to the challenge of producing a quality product as would be expected of such a Hotel & Resort”.

Said Stephen de Vries, Managing Director of STEFCON PROJECTS “Stefcon Projects is proud to be associated with IFA on this prestigious Zimbali project.
Our considerable expertise in the up market building sector will help to ensure the success of this project”.

The world class five star 157- suite Fairmont Zimbali hotel will include conference facilities, a Willow Stream Spa, beach club and the Fairmont Heritage Place. The development will offer the ultimate in luxury accommodation to hotel guests and residents alike. In addition, the Fairmont development will include 56 designer apartments, 6 hillside villas, 6 signature beachfront villas and 21 golf chalets that will be constructed over a phased period.
Subject to the necessary approvals, there will also be an 18 hole Gary Player Signature Golf Course, modern Club House, a retail component and a Gary Player Golf Academy with state-of-the-art driving range.
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