Golf is HAPPENING in Cape Verde

Golf in Cape Verde is happening! By the time the Tedju and Cor di Mar Tiara Hotels are ready, the Island of Santiago will have two top quality golf courses, potentially becoming a top quality golf destination.
Golf swings at Ponta Bicuda! A 9 whole Pitch and Putt course has been a part of the project since its inception, and has been a point of attraction for golf lovers everywhere.
Ponta Bicuda pitches in for Golf! Before projects began for Ponta Bicuda, we were already partnering with the Portuguese Golf Federation and involved in competitions such as the Penina and the Open, and in Golf events including, the very successful Golf Fair in Cascais. In 2008 our commitment to golf remains, having sponsored 5 tournaments in Quinta da Ria and Quinta de Cima, in Tavira, Algarve.

I.M.F. on Cape Verde

Mr Takatoshi Kato, Deputy Managing Director of the IMF issued a Press Release regarding Cape Verde’s growing economy that we just don’t think you should miss:
"Cape Verde's impressive economic performance in recent years reflects both prudent macroeconomic management, and economic reforms. Good policies have catalyzed investments and export growth, especially in the tourism sector—breaking past dependence on aid and remittances—leading to robust growth and moderate inflation.”

For more information you can read the full Press Release here

Cape Verde

Cape Verde went to the red planet!
The new phoenix unmanned space lab is exploring an area near the promontory of Cape Verde in Mars.
Should we change our address to Ponta Bicuda, Cape Verde, Earth? (image from NASA, Houston, USA, Earth)

World Trade Organization

Cape Verde is the 153rd member of the WTO. Considering the voting system of WTO, it's amazing that a such a small country as Cape Verde (400,000 inhabitants) retains the same amount of power as a big country like Indonesia with 110,000,000 inhabitants.

What was already streamlined is now even easier: Investment and business are the winners!

What Is An Emerging Market Economy?

An emerging, or developing, market economy (EME) a term coined in 1981 by Antoine W. Van Agtmael of the International Finance Corporation of the World Bank. Countries whose economies fall into this category, varying from very big to very small, are usually considered emerging because of their developments and reforms. Hence, even though China is deemed one of the world's economic powerhouses, it is lumped into the category alongside much smaller economies with a great deal less resources. The unifying characteristic is that they have embarked on economic development and reform programs, and have begun to open up their markets and "emerge" onto the global scene. EMEs are considered to be fast growing economies.

Source: Investopedia

Construction Update (7) and other Updates

Yes this is still the place to find construction updates on Ponta Bicuda!

Many of our readers have expressed concern regarding the frequency of construction updates, and it seems as though we have responded by changing the name of our blog!

We would like to assure our readers that construction is progressing at a desirable pace – but at this stage we are having difficulty conveying this progress via pictures. Tractors, trucks, bulldozers and compactors remain on site and continue ground works at Cor di Mar, Coladera and Tedju.

New home

We want our readers to know that though our Blog has changed its name to http://luxury-second-homes.blogspot.com/ our whole hearted commitment to Ponta Bicuda, our projects and its investors remain. This is a reflection our own growth in the second homes market.
You can choose to read only Ponta Bicuda construction posts by clicking on the label Cape Verde Construction below each post, but we believe that you will find many other interesting posts to read here on "everything" second homes.