PROJECT

Projects

Environmental Review Summary

Project Number

10937

Company Name

BEL AIR PLANTATION LIMITED

Date ERS Disclosed

Jul 30, 2001

Country

Grenada

Region

Latin America and the Caribbean

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Dec 17, 2001
Signed : Mar 22, 2002
Invested : Oct 22, 2002

Sector

Resort Hotel (Including Lodges)

Industry

other

Department

Regional Industry MAS LAC & EUR

Project Description

The project involves the construction and operation of an upmarket resort hotel on a 18 acre beach-front property. The property, located 20 minutes'' drive from St. George''s, will consist of 24 self-contained villas, a central facility harboring dining and reception areas, a pool, a naturally landscaped ridge terrace overlooking the ocean, and a secluded beach. The project is consistent with the government''s plan to promote Grenada as an upscale destination, attracting a small number of high spending tourists, thus minimizing any adverse impact on the environment. The project is expected to create 49 direct jobs in a rural area at a total investment cost of US$6.4 million.

Environmental and Social

Conclusion & Monitoring