The four-year-stalled multimillion-dollar Four Seasons project seems to be getting much needed new investment.
Minister of Finance Chris Sinckler told the DAILY NATION that Government would be making an announcement “very shortly” on the controversial project which has been stalled since 2009.
Asked for an update on the project which has already benefited from a Government-guaranteed $60 million loan in 2010, Sinckler stated: “The lawyers are doing their work, papers are being prepared and very soon you would hear new types of investments in that project.”
He added: “It would be good news particularly where Government’s new investment is concerned and where Government participation is concerned.”
