They will invest 206 m a in a luxury resort in turks and caicos
The Government of Turks and Caicos has signed an agreement with the company developments Hotel Group to begin construction in November of a luxury resort, Ritz Carlton, valued at about 224 million dollars (206 million euros).
“The development of this European style hotel diversified tourism of Turks and Caicos, because more is a traditional hotel, facing the predominant model of condo”, indicated the Prime Minister Rufus Ewing, in a statement.
Complex consists of a hotel with 124 rooms, residences and luxurious “penthouses”, casino and “spa”, located in Providencia Island, part of the British archipelago in Caribbean waters located to the North of Haiti.
the Minister of Finance of Turks and Caicos, Washington Misick, said in the statement that this agreement “clearly strengthens our position as one of the economies growing and mastrong of the Caribbean s”.
expected that the construction of the complex, Ritz Carlton, will be operated by the hotel company begins in November of 2015 and extends by three years.