Cabinet urges technical team to complete negotiations on St. Kitts PeninsulaResort
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| Aerial view of the entrance to the Southeast Peninsula with Frigate and parts of Basseterre in the back ground. Photo by Erasmus Williams |
BASSETERRE, ST. KITTS, JUNE 7TH 2007 (CUOPM) - The Denzil Douglas Labour Party Administration in St. Kitts and Nevis has reaffirmed its strong support for a multi-million dollar tourism development on the south east peninsular of St. Kitts and has urged the technical team involved in the negotiations to conclude a final agreement as soon as possible.
The Auberge Firesky Company and North Carolina-based Kiawah Group project involves the development of a marina, three hotels, a golf course, about 2,000 high-end residential units around the golf course, restaurants, and commercial buildings.~~Adz:Right~~
Minister of State in the Ministry of Finance, Sustainable Development, Information and Technology, Sen. the Hon. Nigel Carty said the Cabinet has been engaged in extensive discussions on this major project which is earmarked for the South-East Peninsula called the St. Kitts Peninsula Resort.
"Cabinet engaged in in-depth follow-up discussions on this project after a government team had met with the Kiawah and Auberge groups over the past weeks. Specific aspects of the long-term development agreement were debated and Cabinet approved the agreement in principle so that the developers are now expected to move ahead with project implementation as soon as possible,"said Carty.
He reaffirmed Cabinet's strong support for the project considering the enormous benefits it would bring for employment opportunities and general economic activity. He said the Cabinet urged the technical team involved in the negotiations tocomplete the negotiations as soon as possible.
