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Cayman company appointed in Cuba

Published on Sunday, March 8, 2009 Email To Friend    Print Version


3-D Schematic rendering of The Monte Barreto Resort in Miramar, Havana, Cuba.

Rider Levett Bucknall (Caribbean) Limited - a Cayman Islands company, has been chosen to provide due diligence services on the development of the Monte Barreto Resort in Miramar, Havana, Cuba.

The company was appointed by a Dubai-based investor to monitor on its behalf the project, which will be built by the international French contractor, Bouyges in a joint venture with a Cuban partner.

With a price tag of US$100 million, the 238 Suite Monte Barreto Resort will include a hotel, a shopping and apartment complex, and additional office space as well as underground parking for 530 cars.

Martyn Bould, Chairman of Rider Levett Bucknall (Caribbean) Limited, envisions a greater relationship between the US and Cuba in the near future, and feels this view is shared by many Cubans and international investors alike.

Bould Consulting Limited is a Cayman based property consultancy and is a shareholder in Rider Levett Bucknall (Caribbean).

Additionally, Rider Levett Bucknall (Caribbean) Limited has recently been appointed as Project Manager on the Jalousie Enclave, located between the two pitons in St. Lucia. The firm has also completed project management services on the new cruise ship dock in St. Maarten.

 
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Comments:

Miguel Sanchez:
Doesn't this property belong to Leisure Canada? And who is this Dubai investor?


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