International Cruise ship Paradise Beach terminal A O R E I S L A N D R E P U B L I C O F V A N U A T U Pekoa International Airport 6km Destination Development Summary

RESORT & CASINO SITE

PRIVATE OFFERING JULY 2016

PREPARED BY: Mark Provost Plantation Getaways Limited ()

PREPARED FOR: Mr. Raymond W Vuti VIPA

IMAGE: Aore Island Jetty Introduction to Vanuatu

• Vanuatu's history is very recent. The first arrivals in Vanuatu crossed from Papua New Guinea about 3,200 years ago. The first people were nomadic sea travellers that quickly moved to New Caledonia and Fiji. They landed only on smaller islands and didn't build permanent establishments. They are known as the Lapita People. The oldest site discovered so far south of Papua New Guinea is actually on Aore Island. • Vanuatu is a group of 83 islands located 1,700km from the northeast of Australia. • Vanuatu gained independence in 1980 • Vanuatu has a parliamentary democracy political system • The climate is subtropical with an average air temperature of 28 degrees Celsius and a water temperature of 25 degrees Celsius • The population in 2009 was approximately 200,000 people • The four mainstays of the economy are agriculture, tourism, offshore financial services and cattle raising • Tax revenues mainly come from import duties and a 12.5% VAT on goods and services. • In Vanuatu there is no income tax, withholding tax, capital gains tax, inheritance tax, or exchange control. • The overall aim of the Vanuatu government is to create and foster economic growth. • Persons who wish to engage in business in Vanuatu must apply to the Vanuatu Foreign Exchange Board for approval then work permits and residency become automatic T H E V I S I O N Resort + Casino Development

Artists Impression – Resort + Casino Image: Paradise Beach

The Aore Island Tourism Development Plan will deliver the South Pacific’s most exciting new tourism development located on Aore Island, , Vanuatu.

C O M M U N I T Y B E N E F I T S The project will deliver significant economic, social and community benefits to the Sanma Region including:

A. Unrivalled community lifestyle benefits B. Creation of ‘cottage industries’ for locals including: arts/crafts, tours, water transport, fishing C. Economic diversity for the Region D. Creation of hundreds of new jobs E. Increased tourism exposure and visitation to the

Zoning: i. Commercial/Tourism. SITE: Paradise Beach, Aore Island

SALES CONTRACT: Prepared

SALES PRICE: POA

VENDOR: Plantation Getaways

SITE PLAN: Casino & Hotel

Lease Title No. 04/3023/007 Part Lease Title No. 04/3023/021 Part Lease Title No. 04/3023/001 Lease Duration: 75 years TOTAL LAND SIZE: 17 Hectares TITLE AND LAND Image: Paradise Beach Paradise Beach is located on Aore island on the Segond Channel facing north and looking directly at on Vanuatu’s largest island, Espiritu Santo (known as Santo). There are a number of different titles that make up the site with additional titles able to be added or subdivided depending on needs of the developer. There is approximately 450 metres of water front with areas of white sand beach and a sheltered cove for deep water anchorage as well as the ability to have a working jetty for ease of water transfer that is crucial to capitalise on the cruise ship day-tourists. The site can be from 17 hectares up to 140 hectares. LAND HEIGHT The site is terraced and rises to a plateau at between 5 and 10 metres above sea level providing a safe elevation for construction from storm surge and waves. Aore Island Resort Paradise Beach Casino and Resort Site Luganville International Cruise Ship Terminal Pekoa International Airport

Paradise Beach is popular for large vessels due to its safe anchorage and deep water

The town of Luganville is approximately 3 kilometres across the channel, with Pekoa International Airport located about 5 kilometres from the town.

Direct flights from Pekoa International Airport to Brisbane (Australia) are now available and take less than 2.5 hours. Other international departure points arrive via Port Vila, with a 1 hour connection to Pekoa.

It is in the north of the Vanuatu archipelago, approx. 200 kilometres from the capital of Port Vila.

Modern ex-pat homes adjoin the Paradise Beach sub-division

Soft white sand leading into deep water makes Paradise Beach a unique development site

Bokissa Island Resort Source: Google Maps L A N D I N F R A S T R U C T U R E

• Access to the site from the mainland would be by ferry or barge for the delivery of building materials, resort supplies and guests.

• There is a basic crushed coral road on Aore that currently runs through the proposed resort and could be moved if need be.

• No mains power (an under water cable is proposed by VUI)

• No land line telephone, but very good mobile and internet (broadband) coverage.

• Ground water is readily available which would need to be accessed via a bore. Desalination and plentiful rain water collection are also options available.

• International Airport is less than ten minutes drive from Luganville.

• The international cruise ship terminal is directly opposite the site. Official Letters: Government Support CONTACT DETAILS: Mr. Mark Provost Plantation Getaways PO Box 305 Aore Island Luganville, Espiritu Santo Republic of Vanuatu [email protected] www.huskgroup.com.au +6785638330 IMAGE: Master development vision