Montserrat, Dubai Firm Sign Letter of Intent on Hotel Project

By: - April 23rd, 2013

Above: Montserrat

By the Caribbean Journal staff

Montserrat Premier Reuben Meade’s recent visit to the United Arab Emirates resulted in a letter of intent involving the planned hotel project at Little Bay.

The Montserrat Development Corporation, a delegation of which accompanied Meade on the trip, signed the letter of intent with Dubai-based Gulf Classic Limited, according to Meade.

“We’re hoping that we’ll be able to move from a letter of intent with MDC to an actual contract,” Meade said. “My understanding is the MDC board has approved the letter of intent and a response should have gone back to the company.”

There are a pair of elements in the letter that require cabinet approval, something Meade said he hoped would occur within the next two to three weeks.

The proposed resort at Little Bay would include 150 rooms, along with 20 luxury villas on Potato Hill.

Montserrat

IDB, EU Sign Agreement on Latin American, Caribbean Development

Above: Fort de France, Martinique (CJ Photo) By the Caribbean Journal staff The Inter-American Development Bank and the European Union have signed a Memorandum of Understanding aimed at enhancing cooperation to improve development in Latin America and the Caribbean. The Agreement was signed by IDB President Luis Alberto Moreno, European Union Commissioner for Development Andris […]

Montserrat

Trinidad Foreign Minister Meets With OAS Secretary General

Above: the meeting in Washington (OAS Photo) By the Caribbean Journal staff Trinidad and Tobago Foreign Minister Winston Dookeran met Monday with Organization of American States Secretary General Jose Miguel Insulza in Washington. The meeting, which followed Trinidad and Tobago Prime Minister Kamla Persad-Bissessar’s trip to the United States, occurred during the context of a […]

Montserrat

Cuba and Saudi Arabia Sign Agreement on Water Supply Project

Above: Havana By the Caribbean Journal staff Cuba and Saudi Arabia have signed a bilateral agreement aiming to rehabilitate water networks in Havana, Cuba’s government announced. The agreement will involve $30 million in funding from the Saudi Fund for Development; the money will target efforts to improve the city’s drinking water supply. The pact was […]

Trinidad National Security Minister Jack Warner Resigns

 Above: Jack Warner By the Caribbean Journal staff Trinidad and Tobago National Security Minister Jack Warner has resigned, Prime Minister Kamla Persad-Bissessar announced. The PM said she had officially accepted his resignation in a statement on Monday. “I wish to thank Mr Warner for his service to the government and people of Trinidad and Tobago,” […]

At a Former MINUSTAH Base, Tourism Hopes in Haiti

Above: the former base and soon-to-be tourism school (Photo: MT Haiti) By the Caribbean Journal staff It was once the base of Senegalese soldiers in the MINUSTAH peacekeeping force in Haiti. Now, the former UN building is set to reopen as a very different kind of facility as part of a major push for the […]

Jamaica Plans to Increase ICT Use in Education Sector

 Above: Jack Warner By the Caribbean Journal staff Trinidad and Tobago National Security Minister Jack Warner has resigned, Prime Minister Kamla Persad-Bissessar announced. The PM said she had officially accepted his resignation in a statement on Monday. “I wish to thank Mr Warner for his service to the government and people of Trinidad and Tobago,” […]

Haiti, Anguilla Lead Caribbean in Expected Hotel Room Supply Growth

 Above: the recently-opened Best Western Premier Haiti By the Caribbean Journal staff Haiti led the Caribbean in expected hotel room supply growth through March, according to a new report from STR. Haiti’s expected hotel room supply growth was 58.2 percent, if all 560 rooms in the country’s total active pipeline open. Six other Caribbean countries […]