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The Nexus
BUSINESSJul 31 · 22:23 UTCAP NEWS

Puerto Rico authorizes $2 billion coastal luxury development that activists oppose

Puerto Rico's government authorized a $2 billion luxury development called Esencia in Cabo Rojo, featuring 500 hotel rooms, 1,200 residences, and conservation areas. Environmentalists oppose the project, citing resource strain and lack of public transparency, while developers claim it will create 17,000 jobs and use renewable energy.

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