By Admin. Updated 12:24 p.m., Tuesday, March 12, 2024, Atlantic Standard Time (GMT-4).
The governing Unity Labour Party (ULP) administration in St. Vincent and the Grenadines (SVG) has communicated sixteen things it is currently working on.
In an article circulated to the media on March 12, the Office of the Prime Minister of St. Vincent and the Grenadines (SVG) said the 16 things are part of 32 large strategic initiatives promised in the ULP’s 2020 manifesto.
According to the article, the first 16 of the 32 large strategic initiatives include the following:
1. MAINTAINING MACRO-ECONOMIC FUNDAMENTALS
These fundamentals are: Monetary financial and banking stability; fiscal consolidation; low inflation; optimal economic growth; equity and economic inclusiveness; job creation; regional integration; fair trade globally; investment friendly environment; ease of doing business.
Every item here has been maintained and advanced exceptlow inflation, which was temporarily undermined by imported inflation amidst supply-chain issues arising from the vagaries of monopoly capitalism globally and the Ukraine war. There was an inflationary spike beyond our control. However, the good news is that inflation has become moderate-to-low again over the last six months.
2. ENSURING FULL RECOVERY FROM COVID-19
This has been achieved in each element of the COVID-19 challenge: Health, the Economy, the Social, and Security. The details are well known.
3. MAKING AIA WORK
This is happening marvelously: Increased flights; increased passenger-flow; more hotel rooms; more business overall; and stronger performance of AIA.
4&5.ADDING 1200 QUALITY ROOMS AND LOCAL INVESTMENT IN HOTELS, TOO
This is being achieved over the 2020-2025 period: Sandals (301 – two-bedroom facilities), Holiday Inn (92 rooms) are the big ones shortly to be opened. Soho House in Canouan opened for business. Myah Suites is opened already. Expansion has taken place, and is taking place, at several hotels including well-known locally-owned ones such as Beachcombers and Alexandrina’s. Numerous locally-owned guest houses and apartments have opened, and are being built. Numerous Airbnb facilities are in operation. Black Sands Resorts at Peter’s Hope and Royal Mill at Ratho Mill are still under construction. Marriott Resort is expected to start this year and to be completed in late 2026 or early 2027. Other new hotels, and expansions, are in theoffing. We are well on track.
6.PETIT MUSTIQUE DEVELOPMENT
The government is working with the regional investor who purchased Petit Mustique from its private-sector owner(foreigner), in respect of this island’s development. Preparatory discussions are in progress.
7.CONSTRUCTION OF MODERN CARGO PORT
This $650 million project is being built. Everyone can see it. It is slated to be opened by June 2025.
8.CONSTRUCTING THE ACUTE REFERRAL HOSPITAL
This 132-bed Hospital at Arnos Vale is due to start construction by June or thereabouts this year. The preliminaries are being finalised. All the financing is in place.
9.BUILDING OUT THE MODERN CITY AT ARNOS VALE
The anchor project is the Acute Referral Hospital. All the preparatory elements for the modern city are being activelyput in place. The rehabilitated Sporting Complex is part of this overall visionary project.
10.ELABORATING PLANS FOR TUNNEL UNDER CANE GARDEN POINT
This very ambitious project is in early exploratory and planning stages. We are elaborating the plans for future implementation.
11.MAKING PREPARATIONS TO RELOCATE POLE YARD RESIDENTS
The plans to do so are in train. We are actively identifyingsuitable alternative lands.
12.CONTINUING TO PURSUE RENEWABLE ENERGY
This is being done actively with solar. We are still pursuing geothermal energy with other stakeholders with an alternative kind of technology.
13.CONSTRUCTION OF MODERN PARLIAMENT AND MODERN COURT COMPLEX
The design is currently being done for the Modern Parliament; the consultations on the design for the Court Complex are being carried out. These buildings are to be constructed at Richmond Hill. The $15 million building to house the Parliament temporarily has been built, and the Parliament is meeting there in Calliaqua.
The former BOSVG building at Bedford Street has been purchased and is being converted into High Court facilitiestemporarily as a replacement for the existing Court House Building. When the repurposing of the building is completed, the existing High Court Building will be fully rehabilitated.
The funds are available through soft-loans from a bank in Taiwan.
This project is ongoing.
14.MAKING OTTLEY HALL PROJECT WORK
The Ottley Hall project is at work. However, the government is engaging possible private sector investors to develop further the project for their optimal commercial use as a marina/shipyard.
It is the ULP government which secured over $160 million in debt relief in 2007 to save the project.
15.CONSTRUCTING IN PARTNERSHIP WITH PRIVATE SECTORS APARTMENT BUILDINGS AND LANDS AT PEMBROKE
The search for private sector partners is ongoing.
16.BUILDING OUT OF QUARRY IN NORTH LEEWARD
This build out is ongoing with the private sector — a company from St. Lucia.
SUMMATION
The ULP government says it continues to address with urgency all its Manifesto commitments. Part II of this article will provide information on items 17 to 32 on the List mentioned above, the press release said.
One News SVG 