SUBSIDIARY NAME
Maraiko Bay
COUNTRY
GUYANA
SECTOR/ INDUSTRY
Real Estate, Tourism
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
JULY 7,2021
ACQUISITION VALUATION
200 MILLION
TOTAL ASSET VALUATION
2 BILLION
REAL ESTATE
CIMGRO Construction & Investment Group Inc. Maraiko Bay: acquired on July 17, 2022 is seeking for 200 million of funds for Development of Phase land 2 Phase one being infrastructural works, sea defense, bridges. Phase two for housing units and commercial buildings.