ECI (Grand Pacifica) Hires Ex-ambassador

PR Newswire has a piece announcing that ECI Development, Ltd. former United States Ambassador John F. Maisto has joined the Board of Directors. The article basically says he is there for political clout.

Maisto served as ambassador to Nicaragua in the mid-1990s, and was in charge of $900 million in U.S. government aid programs, including obtaining $100 million in new economic development initiatives, benefiting hundreds of thousands of people. He gives ECI a seasoned diplomatic veteran with more than 20 years of Central American experience at a time when the company is targeting the North American baby boom generation that's soon to retire and seek a go-to destination. ECI recently completed acquisition of property in the heart of Ambergris Caye, Belize, and last year purchased 3km of oceanfront land in Costa Rica. As well, ECI's Gran Pacifica Resort, a 2,500 acre property in Nicaragua, is ready to launch a second wave of construction of Pacific beachfront residential, condominium and hotel units.