News

St Kitts and Nevis Cabinet Approves Three New Construction Projects

By: Caribbean Journal Staff - July 26, 2012 - 5:45 pm

Above: Basseterre, St Kitts (CJ Photo)

By the Caribbean Journal staff

The cabinet of St Kitts and Nevis has approved three construction projects that could bring a boost of approximately $42.6 million to the country’s local economy.

One of the projects is a 46-apartment student complex in St Kitts; another is a 20-cottage, 120-condominium-unit residential development and the third is the creation of a bowling alley around a retail center.

“In response to the need to provide ongoing support for activities that will assist the growth prospects of the local economy, and in reflecting upon the growth challenges which have flowed out of the global economic recession, cabinet approved the three significant investment projects which are intended to boost the construction and tourism sectors,” said Information Minister Sen. Nigel Carty.

The projects are spread out over seven years.

“In addition to the jobs created in the development phases of the projects, long-term job prospects for our citizens will be enhanced,” he said.

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