Riverside Hotel Picard
Local Business Initiatives Double Dragon Trading Ltd
Local Business Initiatives Double Dragon Trading LtdFeb 4, 2020 | 0 comments
The government of Dominica granted concessions to Double Dragon Trading Ltd. Under the Hotels Aid Ac Chapter 85:04 for the operation of the hotel (Riverside Hotel and Restaurant) in Picard, Portsmouth. Prior to Hurricane Maria, Double Dragon Trading Ltd., successfully provided accommodation services to the students of the Ross University School of Medicine (RUSM). The three-storey building apartment facility located in Picard contained 14 single units with restaurant and reception area on the ground floor, and employed twenty-five (25) persons. Having sustained severe damage from hurricane Maria, along with the loss of the Medical School, the promoter decided to rethink his offering to the public and approached Invest Dominica Authority (IDA), for assistance in reapplying for concessions for reclassification, upgrade and renovations of his facility in Portsmouth. The promotor, Mr. Li Tao Jiang “Steven” was encouraged to utilize the 2% Special Tourism Loan with resources form Citizenship by Investment Program (GBIP) The execution of this special facility requires the AID Bank to collaborate with Invest Dominica Authority (IDA – for the certification of the properties, the owners of which have expressed an interest in accessing these funds. IDA is pleased to announce the Double Dragon Trading Ltd. Successfully completed all upgrade and renovation works. Both “Riverside Hotel & restaurant” ae re-opened to the public
About Riverside Hotel
Newly opened Riverside Hotel offers cozy and peaceful atmosphere to our customers.
We have state of the art rooms overlooking the scenic Picard River and the historic Cabrits National park. Riverside Hotel ensures an unforgettable experience for both business and leisure stay.
Our elegant restaurant serves amazing international cuisine (Chinees Dish, New York Steak and Salmon Fillets) along with many other Salads, Soups, Pastas and Entrees of your selection.