Govt promises Range Development & NH International will complete the Cabrits Kempinski Resort in 2018
Range Developments has announced the appointment of NH International (Caribbean) Ltd (NH), a construction company based in the Caribbean, as the main structural contractor for their proposed Cabrits Dominica Kempinski Resort.
The Cabrits Resort Kempinski, Dominica is said to be the first real estate project, to be approved under the Dominica government’s Citizenship by Investment Program. Government says Investors can obtain citizenship of the Commonwealth of Dominica through purchasing a limited US$220,000 partnership interest in a development project.
Government says initial sales has been strong, as investors recognize the capital growth and income generation potential of the resort, in addition to the benefits that citizenship of the Commonwealth of Dominica provides. Government says the Cabrits Dominica Kempinski Resort is scheduled to be completed in the fourth quarter of 2018.
Range Developments is being promoted as an international property company, that is presently developing hotel resorts in the Caribbean. Range says it focuses on luxury developments that are well-designed, sustainable and desirable. The promoters say Park Hyatt St Kitts, which is currently under construction and is due to open in 2016, won the prestigious Best New Hotel Construction and Design St. Kitts & Nevis Award, at the International Property Awards 2014-2015; and the coveted award of Best New Hotel Construction and Design in the Caribbean 2014-2015.
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