An agreement is expected to be signed this week between the new entity that is purchasing Buccament Bay Resort and KPMG, the trustee of Harlequin Property SVG Limited, the former operators of the resort.

Speaking at a media conference yesterday at Cabinet Room, Prime Minister Dr. Ralph Gonsalves said that so far, all necessary legal matters have been worked out with the purchasers.

The Prime Minister had indicated in Parliament recently that it will be a disappointment for him if Buccament Bay Resort does not reopen by the end of this year.

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