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Edition: U.S. Article Comments (0) Save Email Print Reprints Read Iraq combat over but U.S. troops still in danger 8:36am EDT US scientists learn how to levitate tiny objects 07 Jan 2009 Igor packs punch in Atlantic but likely to miss land | Video 3:33pm EDT Four killed during Koran protest in Indian Kashmir 8:19am EDT Basel eases capital fears, top banks in spotlight | Video 3:19pm EDT Shared California seeks China's help for high-speed rail 1:07am EDT Walking helps keep body and brain young 6:06am EDT Banks mull BlackBerry options for corporate email 10 Sep 2010 UPDATE 2-Nokia's Vanjoki resigns as new CEO Elop comes in 3:36am EDT China to ease restrictions on foreign investment 12 Sep 2010 Watched Baby abandoned on Manila-bound plane 6:01am EDT Hurricane Igor strengthening 12:41pm EDT Police gun battle in the Caucasus Sun, Sep 12 2010 NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Planned Haiti hotel would be biggest of its kind since quake Tweet This Share on LinkedIn Share on Facebook Related News Aftershocks rattle quake-hit NZ city Mon, Sep 6 2010 Quake-hit New Zealand city remains shut Sun, Sep 5 2010 Curfew declared after 7.1 quake hits New Zealand Sat, Sep 4 2010 Earthquake of 7.1 magnitude hits New Zealand city Fri, Sep 3 2010 Wyclef song accuses Haiti president of blocking him Thu, Aug 26 2010 Analysis & Opinion African agricultural finance under the spotlight Related Topics World » Natural Disasters » MIAMI | Mon Sep 13, 2010 12:46pm EDT MIAMI (Reuters) - An Argentine energy and agribusiness entrepreneur on Monday announced plans with a Haiti-based business group to build a $33 million, 240-room business hotel in the earthquake-ravaged Haitian capital. The project for Haiti's first airport hotel -- scheduled to break ground in Port-au-Prince by the end of the year and be completed in 18 months -- will be the first big new investment in the hospitality sector since the January 12 earthquake that killed up to 300,000 people in the poor Caribbean nation. The project brings together Argentine businessman Rolando Gonzalez-Bunster, whose Basic Energy Ltd company is a major player in Dominican Republic's power sector, and the WIN Group, run by the Mevs family, which operates the biggest private cargo shipping terminal and industrial park in Haiti. The Mevs family was contributing land near Port-au-Prince's Toussaint L'Ouverture international airport to the hotel partnership, Edmund Miller, a partner in the project, told Reuters. The January quake destroyed or damaged several high-end hotels, and the project targets growing numbers of business executives and aid officials involved in Haiti's internationally-backed reconstruction. "The reconstruction can't really begin until you have a place to stay for the people who are going to actually do it ... something right at the airport seems to make most sense," Miller said. More than 1.3 million quake survivors still live in tent and tarpaulin cities crammed between rubble-strewn streets of the Haitian capital, and aid agencies have been struggling to provide them with more permanent shelters. Aid workers fear another humanitarian catastrophe if a major hurricane strikes Haiti. The planned seven-story hotel was being designed by Florida-based OBM International and would have conference facilities to accommodate up to 400 people. Miller said the project leaders had been approached by private equity funds and would also look for financing from multilateral lenders like the World Bank's International Finance Corporation and the Inter-American Development Bank. There were no immediate plans to ask a major hotel brand to run the hotel, but the project leaders did not rule out future discussions, Miller said. Following the earthquake, foreign governments, multilateral bodies and nongovernmental groups from around the world in March pledged $9.9 billion for Haiti's post-quake reconstruction, $5.3 billion for the next two years alone. (Reporting by Pascal Fletcher; Editing by Vicki Allen) World Natural Disasters Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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