St. Kitts – Nevis’ PM – Douglas Denzil
Basseterre, St. Kitts – Nevis
August 22, 2012 (CUOPM)
Continued expansion in the construction and tourism sectors has enormous spin-off benefits for the St. Kitts and Nevis economy.
During his weekly radio programme “Ask the Prime Minister” on Tuesday, Prime Minister the Rt. Hon. Dr. Denzil L. Douglas said it is this type of economic activity that his St. Kitts-Nevis Labour Government sees as being key to the security of the country and that is why it is these types of projects are pursued aggressively.
“It also means more business, more work, more income, and better lives for Kittitian and Nevisian surveyors, builders, plumbers, architects, engineers, excavators, hardware companies, electricians, air conditioning specialists and banks, all performing their respective roles,” Prime Minister Douglas told listeners.
He said simply mentioning a project does not fully convey the type of positive, spin-off economic activities that these projects trigger.
Dr. Douglas said the multi-million dollar St. Christopher Club expansion projects continue, even in this period of global economic contraction.
“This expansion involves the construction of condominiums, and this expansion involves the construction of commercial properties,” said Dr. Douglas.
He said the St. Kitts Scenic Railway is also upgrading its equipment in time for the upcoming 2012/2013 Cruise Ship season and intends to partner with existing local businesses in new on-shore attractions to keep the Federation status as a cruise destination.
How can a country who needs to be bailed out by the IMF, Paris Club, and not pay back debts to the US afford to keep up building?
Voo Doo Economics?