Latest update February 12th, 2025 8:40 AM
Apr 08, 2011 News
…Guyana to invest 1/3 of cost – Jagdeo
Head of State Bharrat Jagdeo yesterday reaffirmed the commitment to build the Marriot Hotel when he met with members of the Guyana Art and Craft Association, stating that the tenders are out and he is hopeful that construction will begin as early as July.
Jagdeo explained that he is in discussion with potential investors and Guyana will be investing one third of the cost of construction of the hotel.
Just last month the government insisted that the Marriott Hotel project is still on, but was mum on any progress.
“The Marriott Hotel is still on; I would hesitate to go further on that,” government’s chief spokesman Dr Roger Luncheon had said.
“The details I don’t have,” Luncheon added when asked about investors in the project.
He said the government is making “diligent efforts” to ensure the project becomes a reality.
The administration’s position of holding back on developments with the project, or lack thereof, is the same as Marriot International.
Recently, Paula Butler, Senior Director for Global Communications at Marriott International told Kaieteur News that she had no updates to offer on the project. Butler told Kaieteur News via telephone that the only information she had is what was issued by Marriott International in June 2010 when they announced the project.
On that occasion, Marriott International had stated that the state-of-the-art architectural and interior design concept for the Guyana Project would be created by the firm of Urbahn Architects (New York).
In July 2010, the government placed advertisements in the newspapers asking for interested contractors to make pre-qualification applications for construction of the hotel in the Kingston area, adjacent to the Pegasus Hotel.
It was noted that the hotel will be operated by Marriott International, and be built according to Marriott standards.
The works include the construction and erection of a 200,000 square feet, 160-rooms hotel facility along with a 75,000 square feet “entertainment complex” outfitted with common services areas/amenities that will house a casino, restaurant, nightclub, and other spaces that will be rented.
In addition to interested contractors registering with Atlantic Hotel Inc. (AHI) – which address was given as 126 Barrack Street, Kingston, and which houses the offices of the National Industrial & Commercial Investments Ltd. (N.I.C.I.L) – a pre-qualification statement must be submitted within a deadline period.
Contractors had until August 20, 2010, to make an application to be pre-qualified.
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