Dubai-based Najibi Investments has announced that its development arm, Sanad Capital, is creating the largest active lifestyle destination in Australia.
The announcement about the destination, entitled Actventure, comes following a series of discussion between the UAE and Australian governments.
“Actventure is a brand that represents values we hold in high esteem; being lively, authentic and optimistic,” said Talal Y. Najibi (pictured right), executive chairman of Najibi Investments.
“Our investment in Australia’s Sunshine Coast is a part of the UAE’s growing ties with Australia and we are very happy to help strengthening bilateral economic ties.”
As a result of the talks between the UAE and Australian governments, a two-way trade deal was agreed to the value of AED 32 billion.
“Actventure has increased the volume of UAE investment in Australia, and will go a long way to strengthening ties with the Sunshine Coast’s community by contributing to over 2,000 well-paying jobs there,” said Bradley P. Sutherland, Sanad Capital CEO in Australia.
“Once launched, Actventure will attract local, national and global visitors. To that end, we are happy to see that Emirates Airlines had added flights to Melbourne and Brisbane, which is one hour away from the site.”