LONDON, July 11, 2019 /PRNewswire/ -- Dubbed by the media
as the 'Phoenix of Dominica', beloved Jungle Bay resort has
finally reopened on June
30th, four years after closing down. The popular
five-star development had previously operated for ten years before
Storm Erika destroyed it in 2015. It
has now relocated to the western coast of the small island of
Dominica, in the Mourne Acouma
village in Soufriere and has already welcomed its first guests.
The island has made a remarkable recovery after Hurricane Maria
made landfall in 2017 and has since gone on to 'build back better'
largely using money coming from foreign investors also seeking
second citizenship. Jungle Bay received full funding from
Dominica's Citizenship by
Investment (CBI) Programme through which global individuals and, at
times, their immediate relatives, invested in Jungle Bay's shares
and, after being thoroughly checked for integrity and due
diligence, were honoured with the citizenship of Commonwealth of
Dominica. The island's CBI model
is considered exemplary, with experts from the Financial Times
ranking it the world's best economic citizenship thanks to how
efficient, reliable and sensible it is as regards the balance of
needs of global investors, native citizens and the international
community. The programme advocates for a 'global community'
mindset, having honed its legislation, due diligence processes and
incentives over the past quarter of a century, attracting reputable
investors looking for a "global citizenship" while supporting
Dominica's fight for climate
resilience and good governance.
During the official vine-cutting ceremony at Jungle Bay, Prime
Minister Roosevelt Skerrit credited
the island's CBI Programme for powering Dominica's real estate offering. "This country
has a very robust Citizenship by Investment Programme," he said,
"and this project there [Jungle Bay], which is fully financed by
the Citizenship by Investment Programme, is a testament to the
benefits which we have been deriving from this programme."
The resort will host 85 rooms in total, with the first 30 rooms
already available to book now. The remaining rooms are expected to
be completed by 2020. Boasting 14 studio spas, two yoga studios,
two restaurants, an infinity pool, wedding & honeymoon
facilities, the resort is also committed to promoting
sustainability by giving back to the local community. Jungle Bay
currently has 60 permanent employees and 100 construction workers.
Over time, the resort expects to create 160 permanent jobs and
local business opportunities.
Jungle Bay owner Sam Raphael
called on the local and international community to explore the
potential Dominica's flourishing
ecotourism is opening this year. He noted that "there will be spin
off businesses for accommodation of guest houses and so on (…) We
need a lot of activity because we don't want our people to be
bored. We want them to get that local food. We want activities,
things for them to do, specialty niche activities that they can
enjoy."
Reviews from holidaymakers are already pouring in, with one
particular visitor praising the balance between tailored luxury,
wellness facilities and ecotourist adventures: "I was looking for
an active yet relaxing vacation and Jungle Bay exceeded all my
expectations (…) I learned so much about local plant life, marine
life, and farming. The food was amazing and always fresh. (…) The
daily spa treatments were just what everyone needed after a long
hike."
Besides investing in one of the seven hotels and resorts
eligible under the island's CBI Programme, those who want to obtain
Dominica's valuable citizenship
and are well-intended also have the option of making a one-off
contribution to the Economic Diversification Fund. This then
finances remarkable initiatives on the island, such as building
5,000 public homes that can withstand the harshest hurricanes, or
the construction of a geothermal plant capable of providing the
entire population with clean energy. Overcoming Maria valiantly,
the island, though small, has embarked on an admirable feat of
becoming "the world's first climate resilient nation", as pledged
by Premier Skerrit. Over the past two years especially,
Dominica's sustainability ethos
transpires in most aspects of governance and way of living on the
island, ranging from plastic bans, protecting marine life,
promoting local produce and other environmentally conscious
initiatives.
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SOURCE CS Global Partners