Tourism Development & Investment Company (TDIC) is Abu Dhabi’s leading tourism asset developer and the name behind some of the world’s most significant tourism projects. Its flagship development is Saadiyat Island, a 27 square kilometre natural island lying just 500 metres offshore Abu Dhabi city – the capital of the United Arab Emirates (UAE).
The island is being transformed into a signature leisure, cultural and residential destination. TDIC is also behind the unique Desert Islands project, one of the world’s largest sustainable island tourism destinations currently under development. TDIC will develop the real estate assets that support the Abu Dhabi Tourism Authority’s (ADTA) mission of assisting UAE economic diversification through tourism development. With its shareholding fully owned by ADTA, the company, launched with an initial paid-up capital of AED 100 million, operates along strictly commercial lines with its projects being self-sustaining and economically feasible.
TDIC’s activities include creating development and tourism related concepts for specific sites and locations; disposing of, or repositioning, government-owned tourism related assets; entering into joint ventures with investment partners for assets such as hotels or residential products; as well as serving as master developer for large scale projects.
Its legacy globally and will unveil highly anticipated St. Regis properties in Atlanta-Buckhead, Baha Mar, The Bahamas, Bahfa Beach, Puerto Rico, Bal Harbour and Deer Crest in North America and in Buenos Aires, Costa Rica, Mexico City and Punta Mita in Latin America. In Asia, St. Regis has announced plans to open properties in Bali, Bangkok.
