From a 2006 commentary in The Leeward Times, St. Kitts and Nevis, the following observations about a development by Newfound Group in the tiny Caribbean nation.
The election mentioned in the paragraph did take place and resulted in a new administration. The local government and the developers entered into a new agreement which reduced Newfound's tax holiday from 30 years to 20 years, returned some 172 acres of land to the local government and reportedly included a commitment by Newfound to establish a trades school specializing in tourism-related courses.
We now hear that the government has entered into an agreement to sell some 600 acres of Nevis’ best land to Newfound Group Ltd. The plan of Newfound Group, according to Newfound at the ceremony held in their honour on September 18, 2005, is to have a 150-room hotel and some 400 villas on not less than one acre of land. These villas will be for US1Mmillion. Why did government not do the reverse and make them have 400 hotel rooms and 150 villas? Hotel rooms generate more employment and revenue than villas. In St. Kitts the Newfound Group is building a hotel on 40 acres of land, which would have more hotel rooms than in Nevis where they will have 600 acres. Imagine in St. Kitts they got 540 acres less yet they are building more hotel rooms. It is obvious that the St. Kitts Government is way smarter than the Nevis Government. Why did Government allow these people to buy so much of public land? Couldn’t they only sell them 300 acres and leave the other 300 for another potential hotel development? Why is it that the Government made this deal without any public consultation? Is this deal truly in the best interests of the people of Nevis? Minister Guishard, at the same ceremony on September 18, 2005 boldly proclaimed that there is now NO MORE BEACHFRONT PROPERTY IN NEVIS LEFT FOR HOTEL DEVELOPMENT on the best side of Nevis, i.e., the Caribbean Sea. Is this what we really want? Why have we put all our eggs in one basket? Does the government realise that by selling villas for US$1M they are creating a Nevis that will be on sale to the VERY RICH and VERY FAMOUS as NO Nevisian can afford to buy any of those villas? Nevis is 36 square miles. Does the Government realise that it has sold more than one square mile of the 36 that Nevis has to some foreign developers for them to turn the island into a place almost exclusively for foreigners? Why is it that the Government was in so much of a rush to enter into an agreement with these people? Is it because an election is looming that they hurriedly decided to sign the deal so that they could say that after 14 years they have finally brought some sort of meaningful foreign investment?
It must be interesting for Newfound's Newfoundland officials to be on the receiving end of this sort of criticism or commentary.
Will this story ever be covered by The Independent?
-srbp-