Construction Growth to Drive St Kitts and Nevis in 2012: PM

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Above: Christophe Harbour

By the Caribbean Journal staff

St Kitts and Nevis is expected to see growth in several sectors in 2012, particularly in construction, where several new projects are already underway.

Prime Minister Dr Denzil Douglas said the economy will likely show growth of 1.5 percent for 2011, with additional success in tourism, where arrivals grew 5.9 percent last year.

“The construction sector, after declining in 2010 and 2011 is expected to grow by 3 percent in 2012,” he said.

Douglas said a range of projects, including hotels, condominiums, villas and other tourism-related residential units are being implemented, including the Marriott Residences, Christophe Harbour, Ocean’s Edge, Sunrise Villas, St Christopher Club, Manor-on-the-Sea, Sundance Ridge, Peninsula Cove, and condominiums at Scotch Bonnet.

Also underway are the Kittitian Hill Resort and a new private jet terminal in St Kitts.

 

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