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St. Kitts and Nevis Information
St Kitts-Nevis Soften Impact of Global Economic Downturn
2009-09-01 13:50:48 by
St Kitts and Nevis Prime Minister Hon. Dr. Denzil L. Douglas credits the policies of his governing Labour Administration, the confidence of local and foreign investment and the resilience of the people for reducing the impact of the global financial and economic down turn.
Dr. Douglas said that continued construction activity at the US$2 billion Christophe Harbour Development on the South East Peninsula, the US$100 million Ocean Edge Resort, and US$30 million Silver Reef Resort on Frigate Bay, are expressions of confidence not only in his Labour Party Government, but also the economic development of St. Kitts and Nevis as a well sought after tourism destination.
Other positive signs for our economy include American Sirlines increasing its daily scheduled flights between St Kitts and Miami, and adding a flight on Sunday and Wednesday to New York. Delta will be adding a 2nd weekly flight to Atlanta, and British Airways will begin weekly service in Januaryl.
Cruise tourism will se a record half-million passengers coming ashore next year. Ships expected will be the Norwegian Dawn, the celebrity Equinox, the Ruby Princess, the Norwegian Jewel, and the Poesia.
Dr. Douglas is upbeat on the economic outlook for St Kitts and Nevis, and working toward increasing local and foreign investment in local business.
Dr. Douglas said that continued construction activity at the US$2 billion Christophe Harbour Development on the South East Peninsula, the US$100 million Ocean Edge Resort, and US$30 million Silver Reef Resort on Frigate Bay, are expressions of confidence not only in his Labour Party Government, but also the economic development of St. Kitts and Nevis as a well sought after tourism destination.
Other positive signs for our economy include American Sirlines increasing its daily scheduled flights between St Kitts and Miami, and adding a flight on Sunday and Wednesday to New York. Delta will be adding a 2nd weekly flight to Atlanta, and British Airways will begin weekly service in Januaryl.
Cruise tourism will se a record half-million passengers coming ashore next year. Ships expected will be the Norwegian Dawn, the celebrity Equinox, the Ruby Princess, the Norwegian Jewel, and the Poesia.
Dr. Douglas is upbeat on the economic outlook for St Kitts and Nevis, and working toward increasing local and foreign investment in local business.