INVESTMENT CLIMATE IMPROVING IN ST. KITTS AND NEVIS

Get our headlines on WHATSAPP: 1) Save +1 (869) 665-9125 to your contact list. 2) Send a WhatsApp message to that number so we can add you 3) Send your news, photos/videos to times.caribbean@gmail.com

go to site https://hhkidsdentist.com/advising/cialis-vs-injections/81/ go site bystolic benefits of can viagra be taken daily enter site master thesis biogas https://easternpropane.com/savings/18-year-old-cialis/87/ essay topics for persuasion by jane austen https://willcoxwinecountry.org/linkedin/custom-writing-on-tires/47/ https://themauimiracle.org/bonus/alprazolam-marcas-mexico/64/ click melon that works like viagra valtrex medication for shingles dysfunction erectile levitra free essays books glucophage and clomid acquista cialis generico online radio watch follow link https://www.psm.edu/package/street-value-of-sildenafil/89/ https://www.cuea.edu/cueapress/?paper=health-insurance-term-paper-topics source essay about your life as a student https://themilitaryguide.org/14days/code-reusability-essay-examples/55/ viagra testimonial cl common clomid side effect introduction analysis essay viagra et douleurs musculaires enter site http://hyperbaricnurses.org/5776-viagra-in-the-waters/ go to link Basseterre, St. Kitts, March 23, 2021 (SKNIS): The investment climate in St. Kitts and Nevis is improving according to key indicators across multiple sectors.

At his monthly press conference on Tuesday (March 23, 2021), Prime Minister Dr. the Honourable Timothy Harris highlighted some of these areas where progress is evident as the twin-island Federation seeks to rebound from the local economic challenges caused by the global COVID-19 pandemic.

“The statistics reveal that 183 Small and Medium-sized Enterprises (SMEs) have been approved so far for 2021 compared to 143 licenses issued in 2020, up 28 percent for the comparative period,” Dr. Harris stated.

The government will continue to offer financial support to enhance the survivability of SMEs. The prime minister announced that an additional $5 million will be made available at the Development Bank of St. Kitts and Nevis to lend to businesses with viable plans. The support was a Budgetary commitment for the 2021 financial year. The funds will be transferred later this year.

Prime Minister Harris also pointed to positive developments in the construction sector.

He noted that several hotel properties including Trinity Sunset Shores, Seaview Hotel, and Hillsborough Suites Hotel are expected to be completed this year.

When officially opened, these present “opportunities for permanent jobs, real incomes and increasing our hotel stock to more competitive levels,” Dr. Harris outlined.

Construction, which is a key driver of the economy, is also ongoing for various projects such as the TDC Dewars Residential Middle-Income Project, and a luxury villa development project at the Royal St. Kitts Hotel, as well as the rehabilitation projects for the island main road, and Old Road, Bay Road.

Two additional public sector capital projects are also scheduled to begin this year. These are a modern correctional facility at Estridge, and the state-of-the-art Basseterre High School at Ponds Pasture.

“I am pleased that we are seeing some good signs of recovery,” Dr. Harris said. “More needs to happen but, we are grateful for these positive developments.”

Leave a comment

Social Share Buttons and Icons powered by Ultimatelysocial
error

Enjoy this blog? Please spread the word :)