Jamaica
News - Real Estate - Projects (October
5, 2004)
International investors line up for Trelawny development
International investors are reportedly
continuing to express interest in planned resort development at Harmony Cove,
Trelawny despite missing the closing date for expressions of interest.
The Government's point man on the project,
Kingsley Thomas, says this strong interest is what prompted Thursday’s
investors forum now taking place in Montego Bay, St. James.
Mr. Thomas says the multi-billion dollar
development is not dependent on legislation change regarding casino gambling. He
says Thursday’s forum allowed investors to hear more about the project and
view the site. While many persons turned out for information, he identified some
30 serious overseas investors.
Mr. Thomas notes that the deadline for
proposals to participate in the development is January of next year.
Harmony Cove has been divided into twelve
parcels, but Mr. Thomas says there are about six groups who want to take the
entire parcel. He says the government wants to spread the development.
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