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Grupo Pellas in $250 million Nicaragua tourism project

Monday, November 1, 2010


The first stage of Guacalito de la Isla, a major tourism development in Nicaragua, is due to be completed within three years.

Total investment is expected to be $250 million, including the $115 million of the first stage.

Capital for the project will be fully Nicaraguan, from Grupo Pellas, one of the country’s most powerful economic groups.

 

Original source (in Spanish): La Prensa