Basseterre, St. Kitts – Nevis
December 11, 2007 (CUOPM)
With several projects still under construction or nearing completion, St. Kitts and Nevis, says it expects continuing and proposed influx of large amounts of foreign direct investment into the twin-island Federation.
Prime Minister Douglas said that the tourism sector and the economy at large is positioned for an increase in the rate of economic growth over time and listed several ongoing projects which are already impacting positively on the sector.
“These include Oceans Edge, St. Christopher Club, Sundance Ridge Estates, Calypso Bay Villas, Half Moon Heights, Marriott Vacation Club International, and Sun Rise Villas,” said Prime Minister Douglas said.
He added that within the next two years several major resort developments are scheduled to commence. These include the Christophe Harbour project which comprises three luxury resorts, a championship Golf Course and a modern Marina Village, and Kittitian Hill.
“I have no doubt these major developments in the tourism sector will give momentum to the Government’s programme of economic transformation, and help to push St. Kitts and Nevis to the forefront of the high-end luxury segment of the tourism market in the Caribbean.