French investment of €7.2 M to build hotel on the Cape Verdean island of Maio

French investors plan to set up a hotel unit with 60 suites in Porto Inglês, on the Cape Verdean island of Maio, in a €7.2 million investment that will create 60 jobs locally.

According to the government dispatch that grants special status such as tax benefits to the installation by the developers, the investment involves the construction of a hotel that offers high-end tourism and responsibility under the ‘Adults Only’ concept.… Read More