Global Edition

 

Middle East is golf’s new growth ‘hotspot’

9.00am 7th August 2001 - Courses

Golf World Group of Perth, Western Australia, is projecting the development of over 100 golf courses in Middle East countries over the next five years. Stephen Allen, CEO of the Group, which he founded in 1994, is well-known in the Asia-Pacific region where he has organised specialist golf exhibitions for the past eleven years. The Group’s other activities include golf course consulting, especially in acquisitions, and most recently the representation of golf course designers and contractors.

Now Stephen Allen wishes to develop similar expertise in the Middle East. The company has already completed plans and proposals for the governments of both Bahrain and Qatar and has been retained as a consultant by one of the region’s leading airlines.

The Middle East’s oil riches are renowned and the money is in place for the further development of its infrastructure. Stephen Allen is forecasting the construction over 100 golf courses in the area over the next five years; that’s about 16 courses per country at the average rate of 3 openings per year. “The demographics add up,” he says, “and a lot of the budgets were based on an oil price way below what it actually now is.”

None of this means that Golf World Group is pulling out of its traditional territory. The sale of a golf course in Western Australia was settled last week and the organisation of specialist golf shows in Asia will continue with another international exhibition planned for 2002.

Golf World Group www.golfworldgroup.com.au

 

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