computer translated:
They will invest US $ 1,000 MM in Playa Grande
Darielys Quezada | September 13, 2017
US investors, attracted by the Playa Grande project, Rio San Juan, met yesterday with President Danilo Medina.
Investors expressed interest in encouraging the country to remain a major tourist destination. "Right now the project that most excites us is Playa Grande, in Rio San Juan, Maria Trinidad Sánchez, more than any other in the world. We bought this project in December and have already invested some $ 150 million more, "said Michael Meldman, president of Discovery Corporation, at the Orlando Martinez Hall of the National Palace, after finishing the meeting with the president. Meldman revealed that the investment in all phases of the project is one billion dollars that will generate approximately 2,000 jobs and which, he said, will help to boost the local economy.
"What we do is that we build resorts around the world from Hawaii to Barbuda, from Europe to the Middle East," he said.
The construction of a golf course is the most ambitious project, which was initially carried out by the former owners of the project where it had invested some 10 million dollars, but Meldman, current owner, indicated that to date have allocated approximately 7 million more so that this is the largest in the world.
"We think that this golf course could be the driving force behind this project as it promises to be the most extraordinary golf course on the planet", after noting that they were attracted by the good investment climate and social peace that prevails in the Dominican Republic .
In a first phase, which will launch in January, will include 100 new properties. "The goal we set ourselves is to make Playa Grande the most valuable and important resort in the Caribbean."
He said that during the meeting with the head of state, this gave them great support.
http://www.elcaribe.com.do/2017/09/13/invertiran-us1000-mm-playa-grande/
They will invest US $ 1,000 MM in Playa Grande
Darielys Quezada | September 13, 2017
US investors, attracted by the Playa Grande project, Rio San Juan, met yesterday with President Danilo Medina.
Investors expressed interest in encouraging the country to remain a major tourist destination. "Right now the project that most excites us is Playa Grande, in Rio San Juan, Maria Trinidad Sánchez, more than any other in the world. We bought this project in December and have already invested some $ 150 million more, "said Michael Meldman, president of Discovery Corporation, at the Orlando Martinez Hall of the National Palace, after finishing the meeting with the president. Meldman revealed that the investment in all phases of the project is one billion dollars that will generate approximately 2,000 jobs and which, he said, will help to boost the local economy.
"What we do is that we build resorts around the world from Hawaii to Barbuda, from Europe to the Middle East," he said.
The construction of a golf course is the most ambitious project, which was initially carried out by the former owners of the project where it had invested some 10 million dollars, but Meldman, current owner, indicated that to date have allocated approximately 7 million more so that this is the largest in the world.
"We think that this golf course could be the driving force behind this project as it promises to be the most extraordinary golf course on the planet", after noting that they were attracted by the good investment climate and social peace that prevails in the Dominican Republic .
In a first phase, which will launch in January, will include 100 new properties. "The goal we set ourselves is to make Playa Grande the most valuable and important resort in the Caribbean."
He said that during the meeting with the head of state, this gave them great support.
http://www.elcaribe.com.do/2017/09/13/invertiran-us1000-mm-playa-grande/