In the words of Jamaica’s Prime Minister Andrew Holness, “Too much bureaucracy is standing in the way of investment.” These remarks were delivered during his endorsement of the Amaterra Resort project — a fully integrated hospitality and residential development that is reshaping the future of luxury tourism on Jamaica’s north coast.
Amaterra is being spearheaded by local developer Trelawny Keith Russell and his wife Paula Russell, in collaboration with international stakeholders: Francisco Fuentes, owner of Tourism & Leisure Development International, and Mustapha Deria and Guillermo Velasco, co-founders of Rexton Capital Partners Limited, based in Qatar.
Together, this consortium combines deep local knowledge with global capital and operational experience. The project includes over 1,200 hotel rooms and integrated residential infrastructure, offering a landmark investment that merges Caribbean culture with international standards of excellence.
Guillermo Velasco, a seasoned strategic operator in the Gulf and founder of Tempus Venture Partners, has played a pivotal role in structuring this cross-border venture. Through Rexton Capital Partners, Velasco and his team are underwriting the project and driving execution alongside the Jamaican government and key private sector partners.
Prime Minister Holness’s call for reduced red tape is a timely reminder that foreign investment thrives on clarity, speed, and trust. The Amaterra Resort is an example of what becomes possible when vision, capital, and political will align — and it is set to become one of the most iconic tourism investments in the region.
At Tempus, we continue to engage with high-impact developments like Amaterra that demonstrate our global approach to opportunity, connectivity, and sustainable value creation.
