BVI-based company offering to buy Marriott building -Ramjattan

With Government finding it difficult to attract the investors and syndicated loans to complete the controversial US$52 million Marriott Hotel project, a British Virgin Islands-incorporated investor has offered to purchase the superstructure with a view to finishing it, Stabroek News has learnt.

However, while Government might be willing to relinquish and sell the edifice, this newspaper understands that it is demanding a lot more than the $2 billion the investor is willing to pay – this amount representing what Government has already spent in the construction of the structure,