(Trinidad Guardian) A 750-room Sandals Resorts is earmarked for Tobago, as Government seeks to make the island a tourism destination in a bid to generate revenue, jobs and foreign exchange, Prime Minister Dr Keith Rowley says.
He made the announcement while delivering the feature address at a political meeting in St Joseph on Tuesday.
Rowley told supporters Government had come up with a tourism plan to diversify the economy and take the country out of the economic gloom it was facing.
With Sandals opening up doors in Antigua, Bahamas, Grenada, Barbados, Jamaica, St Lucia and Turks and Caicos, he said it was time Tobago become an undisputed vacation experience to the world.
During his recent trip to Washington, Rowley said he held discussions with Inter-American Development Bank (IDB) president, Luis Alberto Moreno, “who is eager to provide funding for that.”
The IDB was so excited to start the multi-million dollar hotel project, Rowley said, it had told Government they intended to pay for the preliminary work.
“We are talking to the local IDB office to ensure that the IDB pay those monies.