A new Hotel will be constructed at Mt. Wynne as part of the Government’s thrust to boost the local tourism sector

Minister of Finance and Economic Planning Camillo Gonsalves announced at a Media Conference yesterday that the Government has secured a loan of 50 million US dollars from the Export Import Bank of Taiwan.

He said construction of the facility is expected to begin early next year.

Minister Gonsalves said Local Officials have engaged in very fruitful discussions with a Major Hotel Brand, as it relates to the management of the new Hotel.