Planned Maraiko Bay luxury housing development still to take off

An artist’s conception of what the development will look like

Approaching four years since it was first mentioned, the planned Maraiko Bay luxury housing development project along the Mahaica River is still to take off.

It had first been announced on August 28, 2020. However according to one of the principals of Construction and Investment Management Group (CIMGRO), Ragindra Persaud, the project is very much alive.

Persaud when contacted last week told the Sunday Stabroek that while works have not been started “the project is alive” and that before the end of the year, it should commence.