VANCOUVER, CANADA— Leisure Canada (LCI), a developer of luxury resorts in Cuba, has inked a comprehensive services contract with SNC-Lavalin for the provision of professional project development services at LCI’s four- and five-star hotel projects in Cuba. Under the terms of the agreement, SNC-Lavalin will provide the projects with engineering and design work expertise at LCI’s three Cuban developments: Jibacoa, Monte Barreto and Cayo Largo. In addition, SNC-Lavalin will work with LCI’s management team in establishing the financial modeling for the company’s projects. SNC-Lavalin also has the option to assist LCI with securing project financing, and has the right to participate either through equity or debt in any established project financing agreement.
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