A private investor will be contributing US$8 million towards the needed equity for the completion of the Marriott Hotel, Executive Director of the National Industrial and Commercial Investment Limited (NICIL) Winston Brassington announced yesterday.
The unnamed investor with which Atlantic Hotel Inc (AHI) has executed agreements to build the Marriott Hotel in Guyana, was approved after an “intense” due diligence study was conducted by Republic Bank Limited in Trinidad and Marriott International, Brassington told reporters yesterday in an effort to “set the record straight”.
With NICIL providing just US$4 million towards the equity, the unnamed investor is the
