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A number of projects are slated to come on stream as investments continue in the country’s tourism sector.
Tourism Minister, Hon. Edmund Bartlett, in his contribution to the 2010/11 Budget Debate in Gordon House today (April 14), informed that two new hotels are to be built in Kingston. These are Sandals City, which is expected to open in 2013, while a major United States chain is now finalising land purchases for a project.
In addition, he said the Grupo Excellence has indicated a willingness to move forward with phase one of its 350-room project.
Turning to projects already underway, he informed that Michael Lee Chin’s Trident Hotel and the Castle both in Port Antonio are now back on track. “Port Antonio will also welcome back the Blue Lagoon development. These projects will help transform Port Antonio into a diversified region and provide a much needed boost to the area’s economy.”
He also mentioned plans to open a second Dolphin Cove attraction in Lucea, and the expansion of the Bahia Principe and Palladium hotels, which are underway.
In the meantime, the Minister informed the House that existing tourism projects injected some $14.7 billion into the economy during the last financial year.
“This expenditure took place between Goldeneye in Oracabessa, HOSPITEN in Montego Bay, Secrets Resorts in Montego Bay, and the Palmyra Condominium Project,” he said.
While lauding the contribution of international investors, he noted that local players also play a critical role in the development of the country’s tourism industry.