The island of St. Kitts attracts investment to develop infrastructure

On the island of St. Kitts (Saint Kitts and Nevis) in the Caribbean is preparing a project to build a second jetty at the Port Zante cruise liners. The project is at the stage of final approval. Start of construction is planned for the second half of 2014. The project was approved by the government as an important element in the development of tourism and the cruise industry, which in the coming years will be given special attention in the country. For the construction of the berth Federation attracts both own and foreign investment. According to Richard Skerritt, Minister of Tourism and International Trade in St. Kitts, a new cruise pier will cost approximately $ 32 million. In May of this year, it took place the opening of the terminal for business aviation and private jets at an international airport Robert L.Bradshaw. Private terminal is able to accommodate up to 50 people. Visitors to the neighboring popular islands, including Saint-Martin and Saint-Barth, are also to land in the new terminal. On the island are active in the construction of luxury hotels in large companies such as the Four Seasons, Marriott, Koi Resort & Residence, Christophe Harbour, Kittitian Hill and others. Over the past decade, the cost per square meter increased by 92% in the country. The State of St. Kitts and Nevis became popular among Russian citizens due to the possibilities of obtaining the citizenship of the investment without having to visit the country for a short time. Passport of that State allows visa-free travel for 130 countries around the world, including Western and Eastern Europe, Great Britain, Ireland, Canada, Hong Kong, Singapore, and all states of the Caribbean. According to Irina Simonyan, director of marketing at Henley & Partners, Russia and CIS, approval and construction of new infrastructure projects are a sign of a strengthening economy in the whole federation. "The islands with prestigious objects to live and relax, surrounded by modern infrastructure for people with high requirements to the level of service, the service will attract more tourists, businessmen who want to live on the island, to invest. Tourist interest always entails an increase in sales volume and, consequently, growth in property prices ", - said Irina Simonyan. HomesOverseas.ru