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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.

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