| CONTRACTORS ANNOUNCEMENT |
| Tuesday, July 01, 2008 - IFA Hotels & Resorts (IFA HR), a leader in the development of prestigious mixed-use resorts worldwide |
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| SOD TURNING CEREMONY |
| Thursday, March 27, 2008 - Construction on the celebrated Fairmont Zimbali hotel and residential property portfolio commenced following an official sod turning ceremony which was held on site at Zimbali Coastal Resort on Tuesday 27th March 2007. |
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