Beacon Heights Ground Breaking Ceremony
Photo By Erasmus Williams
Basseterre, St. Kitts – Nevis
December 19, 2008 (CUOPM)
The EC$25 million Beacon Heights Housing Development Project of the St. Kitts and Nevis Social Security Board will not only promote and facilitate public/private sector partnerships, but will also create wealth for nationals in owning “a piece of the rock.”
Speaking at Thursday afternoon’s ground breaking ceremony for the project which will see the construction of 193 homes on 84 acres of land overlooking Camps, Buckley’s Estate, Basseterre and the Caribbean Sea, St. Kitts and Nevis Prime Minister, Hon. Dr. Denzil L. Douglas said the project will create a multiplicity of jobs for a wide range of local workers and specialists.
“This, in turn, will result in a significant increase in purchasing power at the local level. And the injection of these funds into our economy will have a multiplier effect that will ripple far beyond the physical boundaries of this development, to the benefit of all of us in St. Kitts and Nevis,” said Dr. Douglas.
He said while Beacon Heights is also about an economic stimulus initiative, it is emblematic of his governing Labour Administration’s commitment to expedite and facilitate home ownership for the people of the twin island Federation.
