Government sources state that investment interest in Saint Lucia is surging and Saint Lucian workers will be at the forefront of the upcoming developments.
A release from the Office of the Prime Minister (OPM) yesterday said that local and foreign investment play a pivotal role in creating new jobs and upskilling the labour force for persons to secure salaries and contribute to the development of the country.
According to the release, government is actively pursuing investment projects “that will sustainably grow our economy, improve our infrastructure and provide good-paying jobs for Saint Lucians.
Prime Minister Pierre is ensuring negotiations with investors centre on the needs of Saint Lucian citizens and the prosperity of our country.”
Saying that no new hotel was constructed following the opening of the Harbor Club in 2018, the OPM states that Invest Saint Lucia has since finalized several investment projects.
“Today, hundreds of Saint Lucians are employed and working on the following development projects currently under construction,” the release stated.
The projects include:
– The Courtyard Marriott at Pointe Seraphine
– Galaxy Resorts at Canelles, Micoud
– Cabot Saint Lucia
– The Cas En Bas Beach Resort
– Secrets Resort and Spa Saint Lucia
Each of these projects will create new business linkages for local service providers and will open doors to new jobs and careers for people when they officially open for business in the coming months.
In his Budget Policy Address on April 23, the prime minister announced new measures to build on this momentum. The government will introduce new legislation offering special incentives to attract and facilitate Mega-Investment projects in Saint Lucia.
Local and foreign companies are investing billions in Saint Lucia to scale their operations. This year, more Mega-Investment projects will get underway including:
– Rodney Bay City Centre Investment Project, Gros-Islet
– The Grand Hyatt Hotel at Sabwisha, Choiseul
– A’ILA Resort & Spa Saint Lucia at Mount Pimard, Gros-Islet
– Cote de Reve at Black Bay, Laborie
– Faye Gastronomie Restaurant (Storage and warehousing), Vieux-Fort
– Global Ports Holdings, Castries and Soufriere
– ItelCX, Vieux-Fort
– ASCENSION International Ltd, Soufriere
“Opportunities abound for employment and wealth creation for the people of this country,” said Prime Minister Pierre.