For The People

Promethean Waterfront project still on track

The Promethean Waterfront project is still on track and moving swiftly along, this, according to developers, Promethean Property.

Richard Poulton from Promethean Property, indicated that the company is awaiting approval from local authorities and regulators, “With a project of this magnitude there are obviously many legal, regulatory and compliance boxes to tick, before any physical work can commence,” Poulton explained.

He mentioned that the project is still in the feasibility stage, whilst at the same time awaiting approval from authorities. Phase one of the project will see a tourism node being developed at the now dilapidated Barkly West resort. The tourism node will include the waterpark, themed amusement park, chalets, tourism centre, lifestyle centre, permanent entertainment park for live performances and other tourism related facilities.

“We will be making an announcement once all approvals have been granted. We are in discussion with a number of role players, such as investors, government departments, development finance institutions and training authorities. Many of the role players are keen to partner with us, subject to the relevant approval being provided by the regulators and relevant authorities. A global provider of leisure travel services to businesses and consumers and world leader in the time share industry is also keen in partnering with us on accommodation for the international and local tourism market segment,” Poulton stated.

It would seem that the company intends to take advantage of the extreme sports tourism market which the Northern Cape wants to lead. The company pointed out that it will pursue its objective to position the Frances Baard district as a tourist and entertainment hub.

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