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Guatemala’s Grupo Krea invests $80 million in Santa Rosa beach project

Wednesday, April 27, 2011

By the first half of next year, an $80 million tourism development will be launched at the Santa Rosa beaches in Guatemala.

The new development will be the first stage of a hotel and residential complex designed and built by a Guatemalan company, Grupo Krea.

José Miguel Falla, chief executive of Krea, said that the first phase of the project will be completed in five years.

Original source (in Spanish): Prensa Libre