Australia To Get Major Water Sports Park
Photo: Sanad Capital
A Dubai-based business conglomerate next year will begin building a AUD $300-million family-friendly water/sports park on Australia’s Sunshine Coast.
The Wave Reservoir will be the first of its kind in Australia, the Sanad Capital company said in a press release, including water sports facilities, a sports center, a four-star hotel, conference/convention facilities, restaurants and retail outlets. Further details on the development will be released later this year and construction is set to begin in 2017.
Najibi Group is building the park through its newly created investment and development company Sanad Capital in Australia.