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  • Agriculture, Labour and Social Security Minister, Hon. Derrick Kellier has hailed the multi-million dollar entry into the local hospitality sector by the Spanish-based Melia Group at the former Braco Village Hotel in Trelawny.
  • Minister Kellier said he expects that once fully operational, the services offered at the new Melia Braco Village will be among the highest standard in the local hospitality sector.
  • Minster Kellier informed that the funds that will be invested in the resort are being provided by the National Insurance Fund.

Agriculture, Labour and Social Security Minister, Hon. Derrick Kellier has hailed the multi-million dollar entry into the local hospitality sector by the Spanish-based Melia Group at the former Braco Village Hotel in Trelawny.

The Minister was addressing the ground breaking ceremony of the Melia Braco Village Hotel, at Braco on April 24.

The National Insurance Fund, (NIF) which owns the property has signed a 15 year management agreement with the Melia Group to operate the resort.

Minster Kellier informed that the funds that will be invested in the resort are being provided by the National Insurance Fund.

“It is the money and contributions to the National Insurance Scheme by the contributors here in Jamaica. In doing this however, we are mindful that we have a social responsibility towards the development of the economy, our infrastructure, services and human resources,” he stated.

“This is the basis on which we seek to have a mixed investment portfolio where the National Insurance Fund is concerned. The Fund currently stands at some $71 billion,” he added.

Meanwhile, Minister Kellier said he expects that once fully operational, the services offered at the new Melia Braco Village will be among the highest standard in the local hospitality sector.

“Historically the name Braco is synonymous with luxury, beauty, tranquillity, quality entertainment and of course value for money. We expect that these qualities and standards will be maintained by the new managers and that this property which sits on some 84 acres of land will continue under Melia to be a stand-out product,” Minister Kellier said.

The Melia is one of the largest Spanish hotel companies in the world. This world renowned hotel has 350 franchises in over four continents. The hotel is expected to provide numerous business opportunities and on completion will employ over 300 persons.