PM Douglas: Stimulating Construction Industry priority for government

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Published on Wednesday, 20 June 2012 07:15

Written by Clive Bacchus

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St. Kitts and Nevis (WINN):  Stimulating the Construction Industry in St. Kitts and Nevis is a top priority for the St. Kitts and Nevis Government, says Prime Minister Dr Denzil Douglas.  

“We continue to seek viable…responsible means of stimulating the economy via the Construction Sector, because here as everywhere else in the world construction is key to economic vitality.”

Speaking over the weekend at the 30th Annual Private Sector Gala, Dr. Douglas said that at last week’s sitting of Cabinet, considerable time was spent discussing how to increase activity in the Construction Sector. 

“We went all into the night fine-tuning various construction projects in order to maximize both the employment opportunities as well as the very important multiplier effects that go hand-in-hand with the construction industry.”

He said the government and the Chamber we are as one in terms of the role that the Construction Sector should play in moving the economy along.

“…So because the government has been highly strategic in our design and provision of concessions to the Construction Industry we can now state that not only will there be the rollout of these new projects but we will…all be in a position to point to the tangible results in terms of increased economic growth in fiscal year 2012, quarters three and quarters four,” Dr. Douglas said.

The 30th Annual Private Sector Gala was hosted Saturday night by the St. Kitts-Nevis Chamber of Industry and Commerce and FND Enterprise Cooperative Credit Union onboard the M. V. Freewinds, which was docked at Port Zante.

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