Wednesday, August 19, 2009

Walking Through La Pari-Pari


A few weekends back we went to Langkawi once more for a milestone visit. Finally, after months of waiting, we picked up our land title from the lawyer! It's officially ours now!! We also visited the site once again where Ijam had the footprints of the various buildings pegged - marked with wooden pegs and raffia string.

La Pari-Pari's entrance and office

So we literally "walked" through La Pari-Pari for the first time :-) We checked out rooms, the distance between various structures, and unanimously declared the swimming pool too small! LOL!

Since then we've discovered that our original target for funding, the SME Bank, has run out of funds for the particular loan we were targetting. Apparently, due to the high number of loan defaulters, the bank no longer has money to disburse for tourism. Of course this can change if defaulters pay up or the Government provides additional funding following the next National Budget in October.

Meanwhile, we're busy exploring other avenues for funding, limited as they may seem at the moment. The fact is, there is little by way of financial support given in this country to start-up SMEs like us who may have good ideas but no company track records. And we are in no way alone.

But, as usual, there are people out there with ears to the ground for us, trying to help us in their own ways. So fingers crossed, if we find other avenues, we will still be seeking funding by the end of this year.

All the same, work continues. The design of La Pari-Pari is close to final, with us already in the third round of interior concepts for the rooms. We're even in the midst of finalising our logo! By end of August, we will have submitted our drawings to the planning authorities, with an ultimate view to converting the site's status from agricultural to commercial.

So, things are moving, albeit at a gradual pace. Although, as I've often said to Anim, I believe every apparent setback has its reason, often times if not for anything but to force us to pause and consider our next step. And many a time this has resulted in a better, more improved version of La Pari-Pari emerging from our respite.


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