NEWS

Atlanta CRE Company Part of $6.5 Billion Sports Complex Project In Africa

Wednesday, Mar 30, 2016

Transatlantic BDR LLC plans to develop a multi-billion-dollar sports and entertainment complex in Tema, Ghana.

The $6.5 billion project is part of an overall regional economic development plan to boost international tourism, the company said. Plans include a 60,000-seat FIFA certified soccer stadium, convention center, commercial retail and residential mixed-use accommodations.

Transatlantic is a commercial real estate developer with dual headquarters in Atlanta and Ghana.

“This privately funded partnership with the Ghana government marks an aggressive outlook taken by the part of officials to establish the country as an international destination, not just for leisure but for global qualified investors and entrepreneurs to participate in the regions’ fast-paced economic growth, ” TBDR CEO Uduak Udofia said, in a statement.

 

Source : bizjournals.com

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