August 15, 2022

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Caribbean Journal – New $2 Billion Vacation resort Venture Launches in the Caribbean

2 min read
CJ Spend, Lodges and Enhancement, News, Assignments

By Joe Pike, Special Contributor to CJI

A new vacation resort venture in Grenada, which signifies a approximately $2 billion resort expenditure, has released development, Caribbean Journal Commit has discovered.

In a modern job interview with Cathyann Alexander-Pierre, senior professional for the Grenada Investment decision Improvement Company, CJI was informed that the principal resort highlight of what is for now referred to as the “Grenada National Resort Project” consists of the growth of a 500-place, 5-star assets and international golf study course.

To day, more than $70 million has been invested in the acquisition of the house. Preliminary operate incorporated feasibility studies, surveys, web site planning and ongoing development, said Alexander-Pierre.

“Grenada features amazing options for the enhancement of luxury solutions at some of the most picturesque web-sites all around the island,” stated Alexander-Pierre.

Alexander-Pierre mentioned other features of the venture will contain a casino, an amusement park, duty-free of charge stores and a turtle museum.

“Grenada is an unspoilt, under-the-radar spot that creates the feeling of exclusivity for luxurious developers,” mentioned Alexander-Pierre. “They want to give their customers one thing of the highest quality, which is authentic and not quickly duplicated.”

The development of this facility is predicted to make work for much more than 500 Grenadians in the parish of St. Patrick, claimed Alexander-Pierre. She mentioned 135 of these positions are presently operational.

At the time the venture is thoroughly operational, she explained 500 to 800 lasting employment will be produced for locals.

She reported she doesn’t be expecting the pandemic to affect the timeline of the vacation resort, so extensive as Grenada keeps up its productive endeavours to incorporate the ailment.

“Grenada has managed the pandemic very well by utilizing internationally regarded well being and basic safety protocols to safeguard residents, guests and traders,” she told CJI. “We keep low quantities and our endeavours have been praised by the worldwide group. Traders have also commended our efforts, expressing that they sense risk-free in Grenada.”

The task is the major in what is a burgeoning resort pipeline in Grenada.

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