Investment Never Looked Better

 
16 Jan 2018

Prime Minister Hon. Allen Chastanet has given insight into some major infrastructural projects due to take place in Saint Lucia.

During his address at the ceremony to welcome the arrival of the island’s first quantum class vessel, the Prime Minister noted that the execution of the US $18.8 million-dollar port extension, was just the beginning of a major expansion programme for Saint Lucia.

Chastanet explained that the time had come to relocate the container port to Cul-de-Sac, which is also expected to host port facilities for regional ships trading in local produce. He indicated that flooding issues will have to be dealt with before the actual relocation project begins.

He suggested the relocation of the Marine Police post to the Banane’s Bay, with the passenger terminal at the George FL Charles Airport moving to the Pointe Seraphine side of the airport, noting that it will be combined with a fast ferry service on that side of the harbour. 

The Prime Minister remarked he will soon be leading a delegation to Miami for the continuation of talks with cruise ship companies, to finalise commitments for the expansion of cruise ship facilities in the south in order to make it a homeporting facility.

Chastanet also revealed that a new partner will be announced soon, for the Hewanorra International Airport redevelopment project, for which the completion date has been targeted as 2020.

He also mentioned the redevelopment of the Castries Market which will be converted into a facility for showcasing local products. According to him, the Government is also looking forward to the proposed Hotel for Pointe Seraphine.

The Prime Minister reported that 2017 was a good year with a 10.5% in tourist arrivals and 14% increase in cruise ship arrivals. He reported the opening of Harbor Club with 117 rooms, the Windjammer extension of 34 rooms, Bel Jour reopening with 20 rooms, Coconut Bay building another 37 suites and Sandals soon to break ground on a $350 million-dollar project comprising 400 suites.

In stating the island’s plans to increase the island’s hotel room stock by 50% over the next three years, the Prime Minister indicated that an announcement was due shortly from Rex Properties, with plans for a Hyatt Hotel at Choc; the new Fairmont; Ritz Carlton; and the Dreams and Secrets hotel projects.