News

A New $2 Billion Caribbean Resort Project

By: Caribbean Journal Staff - June 3, 2015

Above: Grenada (CJ Photo)

By the Caribbean Journal staff

There’s another new mega-project coming to the Caribbean, this time to the Eastern Caribbean island of Grenada.

The $2 billion USD project is called the Grenada Resort Complex Project, which officially launched in China.

The project plans to develop the Mt Hartman peninsula and Hog Island in Grenada; it would include high-end resorts, a wellness centre and other recreational and entertainment features, according to a statement from the Grenadian government.

It is being developed by a Chinese company called United Demi Group, spearheaded by Grenada’s commercial attache at its Beijing embassy, Charles Liu.

grenada

Above: Foreign Minister Clarice Modeste-Curwen explaining the project in China

“Thank you for choosing Grenada. You have chosen to come to an island gem in the Caribbean with the most scenic spots and attractions, and with a people that exudes confidence, optimism and national pride accompanied by warmth and hospitality that you will never experience anywhere else,” Foreign Minister Clarice Modeste-Curwen told attendees at the launch ceremony.

“I invite all of you here today to make an investment in what will be a partnership that will undoubtedly bring resounding benefits to you -the investor- as well as the citizens of Grenada Carriacou and Petite Martinique,” she said.

The project would be the latest major Chinese tourism project in the Caribbean, following Nassau’s Baha Mar and a recently-launched project in Antigua and Barbuda.

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