Zafir Rashid sets the stage for global build phase as Teramir Group aligns multi-country execution plan
“We’re past ideation,” said Zafir Rashid. “Much of the groundwork has been laid quietly over the past several months, and in some cases, years. We’re now seeing that effort materialize into build-ready conditions across several sites.”
The company’s expanding development pipeline is focused on immersive hospitality assets tailored to regional demand and long-term tourism trends. In each location, Teramir’s model centers on delivering destination-scale properties that combine guest experience with operational sustainability.
Sources close to the company confirm that multiple funding channels have now been activated to support execution. This includes participation from tourism-aligned investment vehicles, private equity partners, and family offices. While specifics remain undisclosed, Rashid confirmed that funding structures have been finalized for at least two of the upcoming developments, allowing for concurrent execution once final permits are issued.
“This next phase is all about timing, coordination, and maintaining quality at scale,” Zafir Rashid said. “We’ve built a capital strategy that supports simultaneous movement. Our focus now shifts to implementation.”
The current stage of Teramir’s rollout involves active pre-construction work across regions, including technical planning, feasibility review, and partner coordination. Each project follows the firm’s standard of localized design and long-term destination value, with market-specific positioning.
Zafir Rashid’s strategy emphasizes real estate assets that function not just as resorts, but as standalone experiences. While designs vary by location, each is developed to meet cultural, climatic, and tourism infrastructure conditions on the ground.
Visual concepts and execution updates are expected to be released in the coming months, aligned with permitting progress and milestone approvals. Internal project teams are advancing deliverables across design, finance, and regulatory workstreams, with timelines structured for multi-region build launches beginning next year.
“The foundation has been set,” Rashid added. “Now it’s about consistency and taking the planning discipline we’ve maintained and converting that into active ground operations.”
The upcoming global build phase marks the largest coordinated development effort in Teramir Group’s history. As each market moves forward, the company will expand its operational presence and continue to refine its integrated destination model.
Zafir Rashid
Teramir Group
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Zafir Rashid and Teramir Group planning for new projects currently underway
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