Chinese Company to Build US$51M Marriott Hotel

　　The sod turning ceremony for the long-awaited and controversial Marriott Guyana Georgetown hotel was held yesterday in Kingston and it was disclosed that a Chinese company will be constructing the US$51M edifice.

　　The revelation that China’s Shanghai Construction Group will be undertaking the building of the project came two days after the disclosure of the secret signing of a deal in Jamaica for another Chinese company to undertake the construction of a new terminal at the Cheddi Jagan International Airport, Timehri and the expansion of its runway.

　　It is yet unclear how the US$51M financing of the venture will be achieved. The Government Information Agency quoted the Head of the Privatisation Unit, Winston Brassington as saying that.