PROJECT

Projects

Summary of Investment Information

Project Number

35528

Company Name

ZHIWA LING HOTEL

Date SPI Disclosed

May 15, 2015

Country

Bhutan

Region

South Asia

Projected Board Date

Jun 16, 2015

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - MAS Asia & Pac

Industry

Tourism, Retail and Property

Previous Events

Approved : Jun 16, 2015
Signed : Jun 27, 2015
Invested : Jan 8, 2016

Sector

Resort Hotel (Including Lodges)

Project Description

The Project involves the proposed brownfield expansion and refurbishment of Hotel Zhiwa Ling (the “Hotel”), an existing 45-room, five-star hotel in Paro, Bhutan. The Project will result in additional guest rooms and up-gradation of the Hotel’s existing facilities.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation