CHARLESTOWN, Nevis – PREMIER Mark Brantley expressed optimism about Nevis's economic future, anticipating growth in 2025 as his administration prepares to present the new fiscal year budget next month.
At a recent press conference, Brantley described the economic outlook as favorable, with anticipated growth in tourism, financial services, and job creation, along with expected increases in employment opportunities and wages.
"I think that the island is in good state," Brantley noted. He shared that the government is actively pursuing investment discussions and hopes to announce progress soon.
"In terms of investment, I am hopeful that by again the budget, we would have advanced some discussions that I can have something to say there, but I can tell you that we are in discussions with various investors to do some significant projects on this island, and I'm optimistic that we will be in a position to move those forward," Brantley added.
Acknowledging past challenges, Brantley noted that some previous investors failed to deliver on their promises, which often led to criticism of the government.
He emphasized that while the government performs due diligence and evaluates proposals, it ultimately falls on investors to fulfill their commitments, emphasizing that he will not be making announcements on behalf of anyone until they demonstrate real progress in that area.
Brantley highlighted that the upcoming budget will focus on employment, economic growth, and advancing Nevis to the next level. "Nevis is growing – that’s evident. But we need to shift from incremental growth to what I would call substantial, explosive growth, to move the island forward and upward."
