CHARLESTOWN Nevis, September 4th 2012 - Discussions, negotiations and meetings between the Nevis Island Administration and Canadian Global Investment Ltd. have progressed steadily form March of this year to present. The proposed project, a fuel storage facility, will bring to the island 200 to 300 hundred jobs in direct employment on the construction phase and an on-going plant operation opportunity for 150 persons at various levels.
There will also be several indirect jobs and entrepreneurship opportunities generated by this venture, which also enhances the marketability and use of other lands in the designated area.
Apart from job creation, the project brings significant revenues/royalties to the Administration and will reduce energy and transportation costs, reducing the cost of living and improving the standard of living.
Biographical Information
Canadian Global Investments Ltd. of Ajax, Ontario, was founded in December 2011 for the purpose of bringing investment opportunities and large-scale capital projects to the Caribbean and other countries, where there is a need for such investment and economic development.
The formation of this company was a natural progression from the work each of the principal members of Canadian Global had been doing in their own fields.
Stephen A. Cooper is a Barrister, Solicitor and Notary Public who has been practicing law since 1989 with extensive experience in real estate and commercial law and is the President of the company.
William Powdar is a certified chartered accountant who holds a Grenadian Diplomatic passport with extensive knowledge of South America and the Caribbean and who has acted as a financial officer and consultant on numerous large scale developments in the Caribbean. He is the Chief Financial Officer of the company.
Andre (AJ) Reid is a financial advisor who has been actively involved in the financing of large scale commercial and residential developments in Southern Ontario and the Greater Toronto Area. He is the Chief Executive Officer of the company.
John Bergeron, Is a Director of the company and a Toronto business person who specializes in the setting up of new companies and the relocation of existing companies who leant his expertise to this project from the onset and has been an asset to the Nevis fuel storage development project.
Canadian Global Investments Ltd. is in the process of setting up a company in Nevis under the name Canadian Global Investment (Caribbean) Ltd. with local Mr. Thomas Williams on the Board of Directors of that Company. He brings with him years of experience at the national and international levels and a business acumen second to none.
Project Outline
Canadian Global and its investors and affiliates are proposing to bring a 400 million dollar development project to Nevis which will consist of a tank storage facility for refined and unrefined hydrocarbon products. Canadian Global has already earned the rights to the Pembroke Estates Land in Nevis where the facility will be located.
Canadian Global has partnered with American Tank and Vessel Inc. (website: http://www.at-v.com/ ). They are worldwide leaders in the design, construction and operation of tank storage facilities throughout the world.
AT & V has patented and proprietary state of the art technologies in the field of fabrication, welding processes and emission control, floating roofs, cryogenic and pressurized storage and environmental controls.
AT&V will be building this project using their state of the art technologies, designs and resources.
A contingent of all the necessary parties recently visited Nevis with special attendance by William Fry, Attorney and Engineer for AT&V in charge of International Project Development.
It is a company with a track record of having constructed 2,500 Tank Facilities worldwide. (Group pictures below).
Canadian Global has also entered into a renewable five-year contact with Mike Van Croonenburg of Petrol Storage Brokers out of the Netherlands, for the brokerage of refined and unrefined products from around the world.
Petrol Storage Brokers is a leading Brokerage firm operator of tank storage farms and a leading brokerage firm of energy products from some of the largest oil companies in the world. Petrol Storage Brokers will bring years of experience in the tank storage business and have agreed to operate the tank storage farm under our direction.
The scope of this project however, goes beyond creation of hundreds of jobs and the general improvement of conditions for the local community, to the attraction to the island of Nevis, of projects that depend on manageable fuel costs for their success!
Canadian Global Investment Ltd.
21-467 Westney Rd South
Ajax Ontario
L1S 6V8
Phone: 905 427 0225
Bill Powdar: 416 629 2728
AJ Reid: 416 305 7011
*************************
DISCLAIMER
This article was posted in its entirety as received by SKNVibes.com. This media house does not correct any spelling or grammatical error within press releases and commentaries. The views expressed therein are not necessarily those of SKNVibes.com, its sponsors or advertisers
Nevis News