Wednesday, August 09, 2006

LEGACY HOLDINGS...

We would be most obliged if you could put this information on your website ahead of our EIA scooping meeting in Livingstone next week:-

The size of the Mosi-oa-Tunya National Park is 66 km2 whilst the site allocated to legacy for this project is 200 hectares which represents about 3% on the total area of the MoNP. The golf course will most probably affect 10 - 20% of the 200 hectares allocated to Legacy whose natural vegetation will be substituted with landscaping and water features.

Part of the 200 hectares allocated to Legacy has been reserved for the traditional elephant corridor along the northern side of the marimba river and will remain undeveloped.

The National Heritage Conservation Commission will be contacted for them to identify any particular sites within the estate that have historic and cultural significance.

Once the EIA has been concluded, Legacy will commission its Architects to prepare detailed drawings for submission to the Livingstone City Council.

It is important for us all to take cognizance of the substantial imbalance that exists in the number of hotel beds and tourism infrastructure between Livingstone and Victoria Falls Town in Zimbabwe. It is probably correct to assume that most of the hotels in Zimbabwe have zero capital cost meaning that they have most likely paid of their initial investment costs and as such have already a competitive advantage over us going forward.

Zimbabwe may be down at the moment but can re-emerge and reverse whatever positive gains Zambia is currently enjoying in the tourism sector if there is no immediate substantial investment in the number of hotel beds and in tourism infrastructure on the Zambian side.

What the Legacy project will do is to create a world class resort that will have the scale required for Zambia to compete regionally and internationally. Legacy has the pedigree and track record to deliver on such projects. Please feel free to visit the legacy website on Legacyhotels.co.za

The Zambian economy is on the up and up and with the expansion of the Livingstone Airport funded by the European Union as well as the SEED project funded by the World Bank, the timing for this project is right. A copy of my recent power point presentation on the economic impact and development gains of the Livingstone project is attached herewith for your perusal. Please be kind enough to put it on your website.

Obviously we need to look after our environment as we develop this project because we owe it to our future generations to do so. Not withstanding the foregoing, like all things in life, we must strife to achieve the right balance between the environment and sustainable economic activities.

Lastly, Legacy is an organization that respects the laws and regulations of the countries where ever they operate. We are therefore looking forward to working very closely with you and all the other stakeholders in order to realize this exciting development.

We also look forward to seeing in Livingstone on Monday next week.

Regards,


Rennie Mushinge

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