Grupo Q invests US$25 million in San Salvador apartments
El Salvador real-estate developer Grupo Q Inmobiliaria is to invest US$25 in a luxury apartment complex in San Salvador that will employ 600 people during construction.
Friday, May 16, 2008
Details of the project, and of Grupo Q itself, are to be found on the company's new website: www.grupoqinmobiliaria.com
Construction scheduled to begin in the second quarter of this year was suspended until 2009.
The project, which will include an 18-hole golf course and club house, will begin to be built in November to the south of the capital.
The development of the El Encanto Villas & Golf project, which includes residential lots, apartments, golf course and a country club, has become paralyzed.
Guatemalan real-estate developer Calidad Inmobiliaria is planning a major commercial project on Guatemala City's El Naranjo Boulevard, an increasingly busy commercial area.
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