Chinese company to build US$51M Marriott hotel

The Marriott Hotel sod turning. President Bharrat Jagdeo is second from right and Prime Minister Sam Hinds is second from left.

The sod turning ceremony for the long-awaited and controversial Marriott Guyana Georgetown hotel was held yesterday in Kingston and it was disclosed that a Chinese company will be constructing the US$51M edifice.

The revelation that China’s Shanghai Construction Group will be undertaking the building of the project came two days after the disclosure of the secret signing of a deal in Jamaica for another Chinese company to undertake the construction of a new terminal at the Cheddi Jagan International Airport, Timehri and the expansion of its runway.

It is yet unclear how the US$51M financing of the venture will be achieved. The Government Information Agency quoted the Head of the Privatisation Unit, Winston Brassington as saying that