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A Chinese group to invest $ 1,000 million to build a huge resort in Antigua and Barbuda, which will generate 1,000 jobs in this small Caribbean nation burdened financially.
The construction of the ambitious project, which will include several hotels, commercial and residential areas over an area of 647 hectares, will begin early next year, according to the builders.
The resort called "Singulari" larger than another resort being built in the Bahamas, is considered a landmark for tourism of the eastern Caribbean archipelago.
"Singulari give an economic boost to Antigua and Barbuda and become a power of tourism," said Sam Dyson, the real estate agency Luxury Locations, who negotiated the purchase of the land where the project will be built Yida International Investment Group with headquartered in Beijing.
The complex will include 364 acres in northern 283 acres in Antigua and other small islands of the country, where several luxury hotels, hundreds of residences, a school, hospital, marinas, golf courses, a horse race track was built and the Caribbean's largest casino.
It will be erected on land that was formerly owned by businessman Allen Stanford, who before the fall of his fraud scheme "Ponzi" was the largest private employer in the country.
The construction of the ambitious project, which will include several hotels, commercial and residential areas over an area of 647 hectares, will begin early next year, according to the builders.
The resort called "Singulari" larger than another resort being built in the Bahamas, is considered a landmark for tourism of the eastern Caribbean archipelago.
"Singulari give an economic boost to Antigua and Barbuda and become a power of tourism," said Sam Dyson, the real estate agency Luxury Locations, who negotiated the purchase of the land where the project will be built Yida International Investment Group with headquartered in Beijing.
The complex will include 364 acres in northern 283 acres in Antigua and other small islands of the country, where several luxury hotels, hundreds of residences, a school, hospital, marinas, golf courses, a horse race track was built and the Caribbean's largest casino.
It will be erected on land that was formerly owned by businessman Allen Stanford, who before the fall of his fraud scheme "Ponzi" was the largest private employer in the country.
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