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Grupo Pellas tourism mega-project advances in Nicaragua

Friday, July 29, 2011

\ The Nicaragua tourism project known as Guacalito de la Isla is expected to launch with a $115 million investment and a 10,000-strong workforce. In the final stages, total investment will reach $250 million.\ \ Carlos Pellas, head of Grupo Pellas, which owns the project, said it will be open to its first visitors at the end of next year.\ \ \ \ \ \ \ \ Original source (in Spanish): La Prensa\ \ \ \ \