Basseterre, St. Kitts, May 31, 2016 (SKNIS): A number of projects are currently being undertaken in St. Kitts and Nevis that reflect the Government’s commitment to further boost the economy and safeguard the wellbeing of its people.
At a press conference held on May 30, Prime Minister Dr. the Honourable Timothy Harris stated that the “economy is moving ahead” and that the government is grateful that work is continuing which includes KOI Resort and Residences; T-Loft/Raddisson; Embassy Suites by Hilton/Pelican Bay; Range Development/Park Hyatt; Rendezvous Hill and St. Kitts Castle.
He added that in “mid-July, Mr. John Zuliani is to start a major expansion at the Royal St. Kitts Hotel formerly known as Jack Tar, with 11 commercial shops on some 17,000 sq feet of commercial space – including restaurants, gift shops, jewelry stores, thereby expanding commercial shopping in Frigate Bay and St Kitts and Nevis.” The prime minister said that this will be followed by an additional phase of expansion of hotel condos amongst other projects that will begin.
Other private sector projects that are upcoming in the second half of 2016 include the expansion of Ross University School of Veterinary Medicine, the start-up of St. Kitts Castle and Delta Petroleum amongst others. “This will see an upsurge of construction,” said the prime minister while encouraging businesses to invest in the growing economy.
The prime minister said that it is not only the private sector that is involved in executing projects for the benefit of the country.
“This government, because we manage responsibly, we have the resources to also ensure adequate injection on a timely basis of support from the public sector to keep the economy performing,” said the prime minister.
The Prime Minister said that there will be an increase in construction in government projects such as the commencement of the housing programme “for which $30 million is committed.”
Other construction projects include the building of the Basseterre High School, which will begin later this year. Also commencing shortly will be the construction of the National Heroes Park, a new Government Printery and the renovation of the John Gumbs and Treasury buildings, which are to be completed in due course.
Several projects are being carried out in Nevis that include the Four Seasons Resort, which will be having significant construction and activity, as well as the Candy Resort Development, Tower Hill Development and Longstone House in Charlestown, which are set to be on stream in the upcoming months and will continue into 2017, according to Prime Minister Harris.
“These projects will impact positively on jobs, income, and economic growth,” said the prime minister. “Government is sufficiently resourced to ensure a healthy pipeline of public sector investment so that we can continue to contribute to the growth of the economy.”
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