Pegasus owner, Robert Badal speaking at an AFC press conference
The motion moved by Alliance for Change (AFC) in the National Assembly on Thursday, to botch construction of the Marriott Hotel came as no surprise, but exposes the partyβs defence of special interests, according to President Donald Ramotar.
The President says the motion moved by AFC leader Khemraj Ramjattan is seeking to block governmentβs financial investment in the Marriott Guyana Georgetown that is being built at Kingston to lift accommodation services in Guyana to a world class level.
The president reiterated that the project will increase economic growth and open doors for investment opportunities locally.
At the Private Sector Commissionβs 2012 annual general meeting in June, President Ramotar assured hoteliers that the project will not run competitors out of business. He said the government intends to move ahead despite numerous attempts to taint the investment.
In November 2011, the sod was turned for the US $51M hotel which will boast 197 rooms, a large ballroom, conference centre, a casino, nightclub, restaurant, a concrete walkway and all other amenities of a world-class hotel.