Haiti gets first new, big investment since quake

PORT-AU-PRINCE, Haiti, Wednesday September 15, 2010 – A US$33 million project for Haiti’s first airport hotel is to break ground by the end of this year and be completed by mid-2012. It will mark the first new major investment for the country since the January 12th earthquake.

Argentine entrepreneur Rolando Gonzalez-Bunster, President and CEO of Basic Energy Ltd, as well as other diversified entities and the Haiti-based WIN Group – one of the country’s largest enterprises – have announced an agreement to develop the 240-room hotel with conference facilities directly adjacent to Port-Au-Prince’s Toussaint L’Ouverture International Airport.

The hotel, which is yet to be named, will be independently operated.

“This is such an important project on so many levels,” said WIN Group Managing Partner Youri Mevs.

“Not only will it provide badly-needed hotel and conference facilities, but will employ hundreds of local workers in desperate need of generating revenue to support themselves and their families.”

The project will be developed on a 5.3 acre parcel of land and will be completely self-contained, with on-site power plant, water treatment, sewage, and related facilities.

The seven-story property, which is being designed by OBM International, will feature full conference facilities with capacity to accommodate up to 400 individuals for a single event. It will also include numerous break-out rooms, expanded food and beverage outlets, work-out center, swimming pool, spa facilities and lounges, all within lush, tropical landscaping, and will be built to meet or exceed all international earthquake standards.

“We are pleased with the opportunity to be part of such an integral project,” states Douglas Kulig, CEO of OBM International. “The hotel will be elegant, with a distinct Creole feel, as well as provide an all-inclusive element for its guests from the moment they pass through the property’s entry-gate.”

UN Special Envoy to Haiti and co-chair of the Interim Haiti Reconstruction Commission, Bill Clinton, said the venture is one example that the numerous facets needed to rebuild Port Au Prince are slowly getting under way.

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