Sadaworld, in collaboration with its global consortium partners, including the Mexico Africa Business Committee of COMCE (COMCE), Asian Projects De Mexico SA De C.V., Grupo OBS Columbia, and Rainbow Crescent Investment Hong Kong SAR (RCI), has successfully secured a multi-billion-dollar Foreign Direct Investment (FDI) Debt-Free Collaborative Funds of Funds Asset Management. These funds are designated for disbursement throughout the phases of the SWOZ Project, with completion slated before the year 2033.
Funding
We have secured a multi-billion-dollar FDI funds for the SWOZ Project, targeting transformative impact by 2033
Funding Overview
Expected Impact
Empowering Africa Together – Our goal is to achieve economic growth, job creation, and poverty reduction through the SWOZ Projects. We aim for a triple-bottom-line impact encompassing economic, social, and environmental facets. The SWOZ initiative is a commitment to sustainable development, fostering a positive and lasting influence on the communities involved.
Obligations of Sadaworld and COMCE to the Proposed Projects List:
Consultation and Facilitation: Sadaworld and COMCE are tasked with consulting, promoting, and fostering connections with Mexican businesses and companies committed to sustainability. This collaboration operates under a Public Private Partnership (PPP) agreement.
Global Partnership Activation: Rainbow Crescent Investment HK and Asian Projects De Mexico are responsible for engaging global multinationals, investors, and Engineering Procurement and Construction (EPC) companies. They are expected to bring forth the necessary funding, technical expertise, technology, advanced infrastructure, and asset management. This will be facilitated through a public-private partnership PPP-MoU special purpose vehicle (SPV).
Corporate Social Responsibility (CSR): Sadaworld will ensure that global partners contribute significantly to Corporate Social Responsibility (CSR) and community investment programs in the regions where SWOZ Projects are initiated.
Government Commitments to the Proposed Projects List
Enabling Environment: The government pledges to create and maintain an enabling environment (EE) for the smooth execution of the proposed projects.
Infrastructure and Support: The government will provide essential support by securing and perfecting land titles, offering necessary incentives, granting licenses, establishing basic infrastructure, conducting environmental impact assessments (EIAs), and facilitating feasibility studies. In cases where global funding partners conduct their feasibility studies, the government will collaborate accordingly.