PROJECT

Projects

Environmental Review Summary

Project Number

11671

Company Name

Caribe Hospitality Trinidad & Tobago

Date ERS Disclosed

May 13, 2003

Country

Trinidad and Tobago

Region

Latin America and the Caribbean

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Dec 12, 2003
Signed : Feb 11, 2004
Invested : May 5, 2004

Sector

City and Business Hotel

Industry

other

Department

Regional Industry MAS LAC & EUR

Project Description

The Project entails the construction and operation of the 124-room Port-of-Spain (POS) Marriott Courtyard in Trinidad and Tobago with an estimated project cost of$11 million. The POS Courtyard will be located in Invaders Bay, about a mile from the downtown area of the city and across from Hasley Crawford Stadium and the National Sports Complex. Completed developments in Invaders Bay thus far include PriceSmart and the MovieTowne complex which includes restaurants and shops. This is a good site for the Courtyard based on location, access, overall physical characteristics and proximity to many potential demand generators.

Environmental and Social

Conclusion & Monitoring