Government to sign Loan agreement for hotel Construction

The Government of St. Vincent and the Grenadines is receiving
financial support from the Republic of China on Taiwan, for its
Tourism Development Project on the leeward side of the island.
In this regard, a 50-Million US dollar Loan Agreement will be
signed this Tuesday April 2nd during a ceremony which begins at
11:00am.
The Agreement will be signed between the Government of
St. Vincent and the Grenadines and the Republic of China on
Taiwan.
The funds will be used for construction of the 250-Room Hotel
at Mt. Wynne/Peters Hope.
The signing ceremony takes place at Cabinet Room.