FY 2012 Annual Report - Orascom Development

Key Facts
Story
6.9
million m 2
1
2
Total Land
Planned 18-hole
championship golf
course
designed by Gary Player
Planned world-class
marinas
on the Adriatic Sea with a total of
170 berths
Its unspoiled natural beauty and rich culture deeply rooted in
history made Montenegro one of the fastest growing tourism
destinations in Europe. With its picturesque location, inviting land
bank complemented by the Orascom Development expertise,
Luštica Bay is set to become a premium luxury holiday resort and
a fully-integrated, self-sufficient town offering guests and residents
a taste of lavishness and refinement unsurpassed in the region.
The planned 2,080 residential units and hotels will be
complemented by high-end leisure amenities including two
world-class marinas on the Adriatic Sea, an 18-hole championship
golf course designed by Gary Player, along with a downtown area
featuring year-round living facilities including shops, restaurants,
schools, medical services, and a conference center.
A philosophy honoring both the natural beauty and the cultural
heritage of the land is carried throughout the project’s planning,
execution, and long-term operation starting from the project’s
emblem to the eco-friendly designs and building methods
which allow the town to blend in smoothly with the backdrop of
the peninsula. The project will be the first certified eco-labeled
development in Montenegro.
www.lusticabay.com