Basseterre, St. Kitts, July 3rd 2007 (CUOPM)
The St. Kitts and Nevis Cabinet has disclosed that the final agreement for a US$600 million project on St. Kitts’ South East Peninsular that will bring investment, employment and general economic activity in the Federation of St. Kitts and Nevis, has been signed.
Minister of State for Information, Sen. the Hon. Nigel Carty speaking following Monday’s Cabinet Meeting, said the agreement between the Federal Government and the South Carolina-based Kiawah Development Group was signed on June 15th.
Minister Carty said during Monday’s routine Cabinet session, the Federal Cabinet received an update on the resort project undertaken by the Kiawah group.