Fairmont The Palm Acquisition by Argos Financial Ltd

Fairmont The Palm Acquisition by Argos Financial Ltd acquired on September 29, 2022.

The project is about Argos Financial Ltd, a Rwandan investment advisory company buying this luxury resort at the above mentioned cost as agreed between “Parties” 4

• Convinced of the importance of investment with knock-on effect on the economy of the country and creation of employment.
• Considering that the IIB-DG is a company located in Washington DC, United States of America, which has significant development resources (technical, physical, financial, management capacity) and wishes to participate in the design, financing, construction and execution of the project.
• Considering that the owner wishes the projects to be carried out and financed by IIB Development Group, LLC.
• Considering that the owner and IIB Development Group, LLC are ready to cooperate and wish to jointly pursue, in the form and manner agreed upon in the final agreement, the execution and financing of the project.
• Considering the need to define a frame of reference called to govern the business relations between the Parties.