Friday, April 26, 2024

5% Economic growth predicted for St. Kitts and Nevis in 2018, says PM Harris

PM Harris along with Minister of Foreign Affairs, Hon Mark Brantely recently visited London to attend town hall meeting of 200 nationals. Sunday’s town hall meeting was held as a precursor to the 2018 Commonwealth Heads of Government Meeting (CHOGM), which will be held in London from 16th-20th April.

During his presentation, Prime Minister Harris gave a detailed overview of his recent trip to the United Arab Emirates (UAE) and Hong Kong where he discussed the various new features and options now available under the country’s Citizenship by Investment (CBI) Programme with a large number of international marketing agents and partners.

Dr. Harris, who serves as Minister of Finance, also advised those in attendance of the near five percent economic growth rate being predicted for St. Kitts and Nevis in 2018. This he said is being driven by a robust construction sector.

The honourable prime minister further reported on the pace at which capital projects are being implemented so far in 2018, including the construction of the new Tabernacle Health Centre, work on the Coast Guard Unit base at Bird Rock and the relocation of the Public Works Department’s (PWD) Vehicle Maintenance Division to the compound of the St. Kitts Sugar Manufacturing Corporation (SSMC) at Kittsodart, which will pave the way for start of work on the East Line Bus Terminal.

Other developments expected to commence shortly in St. Kitts and Nevis include the second cruise pier at Port Zante and the roll out of the island main road rehabilitation project, which will see five small local contractors participating during its first phase.

Source: SKNIS

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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