Investors ready to invest in Jamaica: Minister of Tourism

Investors ready to invest in Jamaica: Minister of Tourism

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According to the Minister of Tourism, Edmund Bartlett, the tourism sector of Jamaica has been getting investments though the sector has been poorly impacted due to the COVID-19 pandemic.

The investments project those have been under programme those would be implemented over next 2 years shows that the investors have confidence in Jamaica that is the reason they have been investing in the country. Minister Bartlett stated while addressing a recent meeting with representatives of the Caribbean Alternative Investment Association at the AC Hotel Kingston.

Minister Bartlett said that among the projects that have been completed in 2020 or were nearing completion were the development of the Chukka Ocean Outpost in Sandy Bay, Hanover, at the cost of US$3 million, refurbishing of Overwater Bungalows by Sandals and refurbishing of the RIU Hotel in Montego Bay.

Additionally, he noted that the construction of 400 additional hotel rooms at Oceans by H10 in Trelawny is nearing completion. At the same time, the ground was broken for the US$2-million Red Stripe Experience Museum at Rick’s Café in Negril.

Minister Bartlett indicated that projects slated for implementation between 2021-2023 include the construction of 2,000 rooms by Princess Hotels in Negril; 1,700 rooms at the Hard Rock Hotel and Casino in St. James; 950 rooms at Sandals Negril, Ocho Rios and Montego Bay; 700 rooms at Secrets in St. Ann; 12 additional luxury rooms at Oyster Bay in Trelawny; 300 new rooms at the Wyndham New Kingston Hotel; 168 new rooms at the ROK Hotel; 30 rooms at the Terra Nova All-Suite Hotel in St. Andrew; 150 rooms at Palm Beach, Runaway Bay, St. Ann; 60 rooms at Hotel Grand-A-View in Montego Bay; and phase-two development of 444 additional rooms at Oceans by H10.

The development had expected to include several luxury hotels, world-class golf courses, a luxury spa, marina facilities, commercial developments and private residences, among other features.