Investment Opportunities in the Caribbean

Hotel & Resort Development | GUYANA | ST. VINCENT AND THE GRENADINES

Permanent Secretary, Ministry of Tourism, Industry and Commerce 229 South Road, Lacytown Georgetown | Tel. (592) 225-6710 Email: ps@mintic.gov.g OSHA requirements. For more information: https://mintic.gov.gy/wp-content/uploads/2021/11/Eco-lodge.pdf • Carbon emissions (tourism is a sector identified in Guyana’s National Determined Contribution, NDC, for climate mitigation). • Methods for minimizing construction impacts and waste, particularly in environmentally sensitive areas e.g. forested areas, near rivers/watershed areas, indigenous lands, rural communities etc. (reference: EPA EIA requirements). • Future or phased expansion plans to consider above points. xii. Workers: employment contribution – local (vs. international staff) and worker packages for decent work; workplace safety in light of COVID-19 and/or

ST. VINCENT AND THE GRENADINES

Name of Project: Saint Vincent Marriott Resort

Public Sector

Mode of Investment: Establishing a Joint Venture and Establishing and implementing a project through PPP

Mount Wynne Estate, the intended location for the Saint Vincent Marriott Resort, is arguably one of the most stunning views on mainland Saint Vincent – characterized by two undulating stretches of glittering black sand beaches, vast expanses of swaying coconut trees and the calmwaters of the Caribbean Sea. Pursuant to the signing of a Memorandum of Understanding (MOU) between theGovernment of Saint Vincent and theGrenadines andMarriott International in September 2019, the Saint Vincent Marriott Resort will occupy 30 acres of the 450-acre estate – located along the southwestern coast of the island. The intended site has a mostly flat to gently sloping topography, with the gradient becoming steeper closer to the main access road. A minor river runs through the property; however, its flow is mostly a trickle and is not prone to flooding in extreme weather. The 249-room hotel will feature 117 king rooms, 95 double queen rooms, 10 queen suites, 9 king suites, eight three-bay suites, four king ADAs, four queen ADAs, one vice presidential suite and one presidential suite. All rooms, regardless of size, will boast picturesque sea views – complete with balcony. The resort will also include arrival wing/lobby, two large restaurants, meeting and event spaces, pools, gym/spa facilities and a variety of aquatic activities. Access to the intended resort site is possible via two spacious roads and – given the bay formations – sea access will also be an option. Imagine the opulence of sailing into the bay at the close of day, as the sunset casts a golden hue on 800 feet of beachfront!

Investment amount estimated in US$: USD $50 million

Contact Person: Nadine Agard-Juillerat | Email: njuillerat@investsvg.com Telephone: +1 (784) 457-2159

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