This mega-developments project, Phase 1 is scheduled to break ground in Q1 of 2023, followed by several subsequent phases.
Description of investment: On November 29, 2022, Seve7n Builders Jamaica Ltd. reached a Memorandum of Understanding (MOU) with Alpina Investments to launch
hydrogen infrastructure, hotel, residential infrastructure and social housing.
The agreement also included the provision of essential infrastructure in the country. It is aimed at meeting the objectives set by the European Green Deal, specifically the ‘Fit for 55’ package. The total investment value amounts to approx. USD$3.5 Billion.
Upgrade existing major hotel to 5-star luxury standards
Develop and build two new Hotel buildings with 300 Rooms each.
Build 580 Luxury Condominiums.
Acquisition of over 200 acres of farmland
Purchase 99.5 acres of land to develop 216 Villas.
Design and build waste management sewage system.
Build a Hydrogen energy power plant.
Purchase 650 acres of land to develop 3500 homes for mixed-used development.
Mirko Francioni spokes person for Seve7n Builders commented: “Seve7n Builders Jamaica Limited will be introducing 21st Century Green Technology and Clean Energy, creating a smart and sustainable community; working with local and international professionals, manufacturers, and suppliers to implement new building materials and technologies within the building industry. The majority of the workers will be from Jamaica, just a handful uniquely skilled in various sectors of the manufacturing team.”
Evy Jovina, Head of Marketing and PR a.i., added: “Alpina Investments, Inc. sees Jamaica as an ideal place poised for development primarily in the Real Estate/Housing/Hotel & Resort. This project will create north of 1000 plus employment in several sectors - while improving housing quality for the locals - and enriching the tourism (A Five Stars) quality of stay.
About Alpina Investments.
Alpina is a privately owned investment boutique firm in Canada that provides professional services in the sectors of Finance, Real Estate, Insurance and Corporate Services. Established in 2018 as a holding company, with group companies operating since 1978, and headquartered in Vancouver, Alpina has grown into a sophisticated local and international investor with a global revenue-generating asset base.
The Alpina investment model focuses on:
(1) Government development projects
(2) Large-scale projects
(3) Infrastructure development
(4) Projects funded through grants and loans.
Alpina funds governments, international institutions, private equity, sovereign wealth funds, corporates, private and family businesses, social and educational institutions, medical institutions and 501(C)(3).
About Seve7n Builders Jamaica Ltd.
Seve7n Builders Jamaica Limited is a Jamaican registered company that is established to bring together international and local professionals, trades, manufacturers and suppliers to advance various development projects within the Jamaican landscape. Seve7n Developers will be introducing the transfer of modern technology and materials within the building industry. The Directors of the company hold +40 years of combined experience in sustainable and cost-effective housing and various project delivery. The principals of Seve7n Builders Jamaica Limited began their work in the Overseas Market in various sectors of the construction industry, such as residential, commercial, recreational, industrial and the petroleum industry. Seve7n Builders Jamaica Limited's goals are to introduce Green Technology, Clean Energy and also the achieve a zero-carbon footprint within the building industry.
Forward-looking statement This document contains forward-looking information that involves risks and uncertainties, including statements about Seve7n Builders’ plans, objectives, expectations and intentions. Readers are cautioned that forward-looking statements include known and unknown risks and are subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of Seve7n Builders Jamaica Ltd. Should one or more of these risks, uncertainties, or contingencies materialize, or should any underlying assumptions prove incorrect, actual results could vary materially from those anticipated, expected, estimated, or projected. As a result, Seve7n Builders Jamaica Ltd. does not assume any responsibility for the accuracy of these forward-looking statements.
For all additional information: Mirko Francioni Head of Hospitality and Medical Tourism contact@se7endevelopment.com
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