Prime Minister Andrew Holness and Tourism Minister, Edmund Bartlett, are welcoming a new USD$250-million investment from Spanish Hotel chain, H-10.
The investment, which is the US equivalent of JMD$34-billion, will see the construction of a new hotel in Coral Spring, Trelawny.
Construction is already underway by the hotel chain to build 1,000 new rooms. The hotel is expected to complete 500 rooms by the end of the year.
The facility will be called Ocean Coral Spring. Prime Minister Holness addressed a groundbreaking ceremony yesterday and welcomed the investment.
He reiterated that new tourism investments in the country must take into consideration how Jamaicans may benefit from the inclusive growth in the sector.
For his part, Minister Bartlett, said the H-10 investment in Jamaica will enable a large number of workers to generate income and defines what tourism is all about.
The Tourism Minister disclosed that a number of hotels in Trelawny are slated for expansion work within three years.
Minister Bartlett says in the next three years, Trelawny will have the second largest inventory of rooms in Jamaica.