Investment Opportunities at Urban Isle Showcased at Bridging Tourism Destination Conference

Urbanco has showcased the various investment opportunities available at the integrated tourism grand project ‘Urban Isle’ during the Bridging Tourism Destination Conference. Held at Budva, Montenegro from 11-12 May 2023, the Bridging Tourism Destination Conference was jointly organized by Montenegro’s Ministry of Economic Development and Tourism and the Ministry of Tourism of the Maldives. A delegation of representatives from the Maldivian tourism industry and stakeholders participated in the conference and shared the various opportunities available at the destination for Balkan investors and travel trade.

The Chief Hospitality Officer of Urbanco, Ibrahim Inaz participated in the conference from Urbanco and shared with the attendees the potential of the grand ‘Urban Isle’ project and the advantageous prospects and opportunities it will bring to the tourism industry of the Maldives. Developed on the Northernmost side of Hulhumale’, it will function as a separate tourism island within Hulhumale and will provide valuable links between the city and the country’s main economic hub.

The master plan features a range of contemporary properties including high-end, midscale and luxury villas and hotels, service apartments, city hotels, guesthouses, branded retail stores and high-end restaurants. As such, the project presents an excellent array of choices for investors to invest in with diversified business models offering greater flexibility. Some of the convenient business models used by the Urban Isle project that investors can submit proposals for include the lease model and the JV model.

In addition to this, potential investors can also benefit from the close proximity shared by the Urban Isle to Velana International Airport, Hulhumale and Male which will add great value to the infrastructure properties being developed under the project. Furthermore, the Urban Isle project will also see several smart solutions established as part of Urbanco’s smart infrastructure concept. This includes utility networks and open-access networks among others. Moreover, the entire master plan has been drawn up with close attention paid to bringing eco-friendly solutions and designs to the project.

By participating in the Bridging Tourism Destinations Conference it has enabled the Maldivian delegation to showcase the immense potential of Urban Isle and attract interest from Balkan investors towards this lucrative tourism destination.