This Project is to promote and facilitate private sector development in the hospitality sector of Jamaica by introducing an international flag hotel, which will upgrade the stock of business hotels in Kingston, Jamaica. The project will also have a demonstration effect in terms of water conservation and energy efficiency as it will be LEED certified and therefore contribute to the sustainable tourism development.
|Project Type||Loan Operation|
|Approval Date||DEC 18, 2012|
|Contract Signature Date||NOV 21, 2014|
|Completion Date||JUN 11, 2015|
|IDB Financing *||6.75|
|Total Cost H||USD 21,420,000|
|Country Counterpart Financing||USD 14,670,000|
|Financing Type||Private Sector Loan|
|Reporting currency||USD - United States Dollar|
|Reporting Date||NOV 30, 2017|
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