Bai Shan Lin selling Providence lots for up to $24M

Chinese investor, Bai Shan Lin, as part of its plans for Guyana, says it is working to build a five-star, state-of-the-art gated community in Providence with homes costing from $40M upwards. Lands have been advertising by Sunset Lakes Inc., the Bai Shan Lin subsidiary developing the community, on its Facebook page as selling for between US$40,000 ($8M) and US$105,000 ($24M). The community which has amenities like a supermarket, a bar, a post office, telecommunication, swimming pool, gymnasium and playground, is said to be in keeping with European standards. The gated community, offering 24-hour armed guard service, sidewalks and roads will also feature solar powered street lights and the “most advanced water filtration system” along with 24-hour access to potable water. There will also be backup electricity for power failure and an underground drainage system. “The villas can be equipped with air-conditioners and solar water heaters at the request of our clients.” Know as “New Life”, the housing developer says that the different models of villas will be fireproof and earthquake resistant. Sunset Lakes is also offering to customize villas for its clients. The development was unveiled last October during GuyExpo at Sophia where Sunset Lakes had an impressive booth showcasing its plans for “New Life”. When Kaieteur News visited the booth at GuyExpo, the newspaper was told that the houses range “to suit all kinds of people”. The company has decided to have different sizes of houses, with the smallest house costing $50M and the largest, $130M. A brochure shared out at GuyExpo stated, “We at Sunset Lakes Inc. take great pleasure in introducing to you, for the first time in Guyana, a Five Star State-of-the-Art Gated Residence, offering all prestigious and modern amenities to ensure you live that deeply desired New Life.” Bai Shan Lin, the company behind the ambitious community, is a Chinese-owned company which is aggressively engaged in a number of initiatives in Guyana, in logging and gold mining. Its activities have raised questions after it became known that the company was able to become one of the largest holders of logging and mining concessions in Guyana. Log exports have seen a significant increase in recent years, with an explosion of harvesting in especially the Region Ten, Upper Berbice area.