Foundation work for a new apartment complex is underway at Liliendaal, East Coast Demerara on land facing the Atlantic Ocean.
The project is the vision of the ZARC Group of companies, chaired by diamond miner, Ryan Pereira and aims to cater to the increasing demand for accommodation for expatriates and professionals, sources say.
According to a representative of, Shandong Dejian International E&T Corporation (Guyana) Inc spearheading this urban endeavour, the foundation for the apartment complex and enabling works are underway and this is expected to last for at least eight months. When Stabroek News visited the area sand-filling and preparatory works were evident.
