Overseas-based Guyanese businessman Lester Lall has revealed plans to develop a $75 million entertainment and living complex in Region Three (Essequibo Islands-West Demerara).
The facility will be called RiverWalk and will include a boutique hotel and spa, luxury condominium residences, trendy boutiques, upscale restaurants and bars, and a live concert stage.
It will also include a boardwalk and amusement park that will overlook the Demerara River.
RiverWalk is the brainchild of Mr. Lester Lall; a diverse entrepreneur and concept visionary, Guyanese-born and Florida resident,” a statement on the project describes.
Lall has over 30 years of experience in developing, owning and operating multiple segments of the hospitality and service industry.
“Once complete, the $75 million investment will bring a world-class destination to Region 3, revitalize this historic part of Guyana and provide jobs for hundreds of Guyanese during the construction and post-construction phase. “, indicates the press release.
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Lall noted that “employees will enjoy above-average compensation and other benefits similar to those of peer U.S. employees.”
“In addition, there will be a concerted effort to train and develop Guyanese in hospitality-related skills as well as to use local resources as much as possible. »
To date, negotiations are being finalized for the acquisition of private land in the West Bank of Demerara for this project.
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