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Bel Air Plantation Ltd.

Sector: Commercial • Location: Grenada

Source: International Finance Corporation (IFC)

Project
Completed

The tourism resort that will be constructed and operated will consist of 24 villas and a central complex which will group the reception area, offices and lounges, a restaurant building, a spa and a swimming pool. At the entrance of the property, a service building containing storage rooms, a laundry facility and locker rooms for staff will be built. Bel Air Plantation Ltd. was specifically esta

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Project Information

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The project “Bel Air Plantation Ltd.” is an infrastructure initiative in the Commercial sector, located in Grenada. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The tourism resort that will be constructed and operated will consist of 24 villas and a central complex which will group the reception area, offices and lounges, a restaurant building, a spa and a swimming pool. At the entrance of the property, a service building containing storage rooms, a laundry facility and locker rooms for staff will be built. Bel Air Plantation Ltd. was specifically established to own and operate the proposed tourism resort.The project is expected to create employment for 66 persons at full operation. It will provide training to workers who will be recruited mainly from the St. David''s area. In addition, it will, as far as possible, purchase food and supplies produced locally. Guests at the resort will require sightseeing and touring services and are expected to purchase artwork, crafts and souvenirs from the local community, further contributing to the local economy.In addition to providing long-term financing which is not available in the country for long maturities, IFC will assist the sponsor with environmental management improvements and will provide technical assistance and advice on project structuring and operation. It will also assist the company to secure additional financing.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

Region

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State

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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