Havana, August 10 (RHC) -- Venezuelan President Hugo Chavez said that his country will develop a large hotel complex on the coast bordering Caracas with the collaboration of Cuba. In making the announcement, Chavez said this tourist area was abandoned after heavy flooding in the South American country in 1999.

In a televised program broadcast from the city of Vargas, Chavez said that facilities that once belonged to the U.S. Starwood Hotels & Resorts and Spain’s Sol Meliá hotel chain will be developed into a Caribbean tourist center for the inhabitants of that city and for all Venezuelans.

The 1999 flooding, one of the worst natural disasters in Venezuela, left thousands dead, hundreds missing and caused severe damage to infrastructure.

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