Macau businessman John Lo Seng Chung plans to build a four-star hotel on the main avenue of the capital of Guinea-Bissau, as part of an investment plan he says he has for the country.
Speaking to the news agency of Guinea-Bissau, as an investor and honorary consul of the country in Macau, Lo said the construction of the hotel should start in 2015 at an estimated cost of US$37.5 million.
The businessman did not mention the number of rooms that the hotel would have, but said it would employ at least 150 Guineans and have two restaurants, one of which would serve Chinese food.
The Chinese businessman also announced he would send 200 computers and related accessories by the end of the year to the Guinea-Bissau parliament, in response to a request from the president of the Guinean parliament, Cipriano Cassamá.
John Lo, Director-General of the Excelente International Group Ltd., has been the honorary consul of Guinea-Bissau in Macau since 2000. (macauhub/GW/MO)