National Assets Management Company Limited (NAMCO), registered under Company No. C 88/16, has formally announced a call for expressions of interest regarding a significant investment opportunity. The initiative centers on the acquisition and development of properties designated for Airbnb operations within the Shell Beach Development Project.
Prospective investors and corporate entities are now invited to submit detailed proposals for consideration. All submissions must be directed to the office of The Corporate Secretary at NAMCO. The company has set a definitive deadline of January 30, 2026, for the receipt of all applications.
To be considered, each proposal must include a comprehensive yet concise overview of the intended development project. Furthermore, applicants are required to disclose the estimated capital readily available for two primary phases: the initial acquisition of land plots and the subsequent construction of purpose-built Airbnb hospitality facilities. This process is designed to identify serious partners with the financial capacity and strategic vision to contribute to the Shell Beach development.