Four Seasons Barbados
IDB's involvement in the Resort will also create significant development impact through (i) creation of 1,250 jobs during construction and 350 jobs during operations; (ii) development of a highly sustainable resort in line with Four Seasons standards and GoB criteria and objectives (iii) meaningful financial additionality as the long-term financing necessary for the successful resumption and completion of the Project is not available from local commercial banks as they typically provide shorter tenors; and, (iv) enhancement of Barbados's reputation as a luxury tourism destination.

Project Detail

Country

Barbados

Project Number

BA-L1027

Approval Date

May 23, 2012

Project Status

Cancelled

Project Type

Loan Operation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

DECENTRALIZATION & INTERGOVERNMENTAL RELATIONS

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 55,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 55,000,000.00

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1495941352-24815
Agreement - Financial Closing - SCF
Barbados_ Préstamo 2726A_OC-BA a Paradise Hotel Limited [36601227].PDF
Aug. 04, 2014
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1495941352-24819
Agreement - Financial Closing - SCF
Barbados_ Loan 2726A_OC-BA to Paradise Hotel Limited [36594040].PDF
Aug. 04, 2014
English
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1495941352-24818
Environmental and Social Management Reports
Four Seasons Barbados_ ESMR in PIC [36594358].PDF
Dec. 19, 2011
English
https://www.iadb.org/document.cfm?id=EZSHARE-49437021-371
Environmental Analyses
Four Seasons Barbados_ Environmental and Social Analysis_ Table of Content_ [36398381].PDF
Sep. 09, 2011
English
https://www.iadb.org/document.cfm?id=EZSHARE-1495941352-24816
Environmental and Social Strategies
Four Seasons Barbados Hotel Project - ESS [36377179].PDF
Aug. 31, 2011
English
https://www.iadb.org/document.cfm?id=EZSHARE-1495941352-24817
Project Abstract
Four Seasons Hotel Project Barbados - Project Abstract [36377124].PDF
Aug. 31, 2011
English

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