The Guyana Office for Investment and RED LOTUS INC recently signed a Memorandum of Understanding (MoU) for the construction of a modern hotel and convention centre at Plantation Prospect, Region Six.
The multi-million dollar investment by RED LOTUS INC will meaningfully contribute to a more upscale Region Six which is rapidly assuming a modern look. The agreement was signed by Guyana’s Chief Investment Officer and Agency Head of Guyana Office for Investment, Dr Peter Ramsaroop and Company Secretary of RED LOTUS INC, Shrikant Rawish Kisoensingh. Permanent Secretary of the Ministry of Tourism, Industry and Commerce, Mrs. Sharon Roopchand – Edwards was also part of the signing
Kisoensingh in his remarks noted that this multimillion-dollar luxury hotel will feature 150 rooms while the convention centre will have a seating capacity of 1,000. He said it will serve as a leading events destination in the region and provide scores of jobs to residents of one of Guyana’s major agriculture belts. He expects over 100 people to be directly and indirectly employed during the construction and operations phase.
As for Dr Ramsaroop, he said this investment complements government’s aggressive work to transform the local tourism and hospitality sector. Currently, several US-branded and other hotels are under construction and when completed will increase quality accommodation by some 2,000 rooms.
The government is also investing in training as it seeks to improve services in this sector. The official said the hotel and convention centre also supports government and private investments to transform the infrastructure landscape of the region.
Further developments in Region Six include an international cricket stadium being built at Palmyra in a zone that will include hotels and shopping malls. Earlier this year, the government commissioned an oil and gas training facility at Port Mourant, a port facility adjacent to Crab Island on the eastern bank of the Berbice River and some 4.8 km from the Atlantic Ocean is under construction. Work to expand the New Amsterdam to Moleson Creek Highway is expected to commence soon. Further discussions are also underway with other major brands to develop additional rooms.
