00:00Projected annual resort revenue of U.S. $19 million combined with benchmarks of roughly $2 spent outside for every dollar
00:11spent on a room, we should point about $30 to $40 million U.S. dollars, $200 to $275 million in
00:21annual visitor spending.
00:23Prime Minister Kamala Passar-Bissessa spoke at Rockley Point on Tuesday night during the sub-tuning ceremony to signal the
00:31start of the upcoming Marriott project, which is being done by the private sector at no cost to the taxpayer.
00:39All-inclusive offerings is under consideration.
00:41I am told the estimated investment is about $540 million T.T. dollars, which could provide about 600 construction jobs,
00:54and that the construction will take us to about 30 months for commencement.
00:59We intend to keep you to that, Ms. Aboud. 30 months takes me right before my next election. So I
01:05would like you to keep your promise. Promise made, promise kept. In 30 months' time, we come back to open
01:11this hotel.
01:12Director of Superior Hotels Limited, John Aboud, said the Tobago Marriott is set to be the flagship establishment, with adherence
01:22to the preservation of the environment, as mandated by the EMA.
01:27This hotel resort is intended to become our flagship property, with construction anticipated to take approximately 30 months from commencement.
01:39I am aware of the concerns raised by certain stakeholders.
01:45I want to assure everyone that we remain fully committed to complying with all the requirements under the EMA, as
01:58well as every other applicable approval.
02:01Chief Secretary Farley Augustine, in delivering his remarks, lamented the bottlenecks of the land license, with some international investors waiting
02:12for over five years to receive approvals for where and when hotels in Tobago are to be built.
02:18He then made this announcement.
02:21So, in a week's time, you will see the request for expression of interest going out for the marina in
02:30Tobago.
02:31In a few weeks' time, you will see expressions of interest going out, or RFPs going out, rather, for development
02:37works in Scarborough, as we redo the city of Scarborough.
02:44Elizabeth Williams, TV6 News.
02:51Press the question now.
