
China Horse Club affiliate DSH Caribbean Star has signed an agreement with the government of Saint Lucia to develop a $2.6bn resort and lifestyle complex on the island.
The project, named The ‘Pearl of the Caribbean’, will be located on a 700-acre site.
It will include a marina, racecourse, resort and shopping mall complex, casino, Free Trade Zone, extensive entertainment and leisure facilities, eco-tourism as well as architecturally-designed villas and apartments.
China Horse Club believes that the project is expected to play a lead role in the development of a new horse industry in Saint Lucia. The development, when completed, will accommodate more than 1,000 racehorses and have the capacity to hold racing carnivals.
Construction on the development’s initial phase is set to begin in 2017 and create between 500-800 construction jobs.