The long-delayed Four Seasons hotel and villa project is still on.
But Minister of Finance Chris Sinckler still has his fingers crossed that investors who have recently indicated interest will be able to show viable proof of funds that will allow the project to get rolling.
The minister said recent attempts to finally get the project going again were curtailed because after due diligence some investors did not have the level of finance required.
According to Sinckler, Government, since February this year, has taken a more direct involvement in the negotiations on Four Seasons, and Barbadians should be hearing something very soon about when work will resume at the Black Rock site.
Sinckler made these revelations yesterday during a wide-ranging interview and interaction with callers during a special presentation of Starcom Network’s Brass Tacks Sunday.
