Wed | Jan 16, 2019

Billions invested in tourist sector since 2012 - McNeill

Published:Tuesday | April 14, 2015 | 3:53 PMDaraine Luton, Senior Staff Reporter

More than $54 billion has been invested in the tourist sector since 2012, Tourism Minister Dr Wykeham McNeill said today.

McNeill said the investments in the sector represent part of a surge which he said will lead to the generation of thousands of new jobs in both the construction phase and permanently.

This he said will ensure growth in tourism and growth in the economy for years to come.

McNeill said that 1,600 new rooms are to come on stream over the next 18 months and another 1,500 are to be added thereafter as there are active efforts at land acquisition for these investments.