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Bridge linking Nevis and St Kitts should be financed by private sector says PMThursday, January 18, 2007BASSETERRE, St Kitts: St Kitts and Nevis Prime Minister Dr Denzil Douglas says he was persuaded that over time, the construction of a bridge linking both islands Nevis and St Kitts will become feasible and will accelerate the pace at which at which local enterprises become national in scope and develop the capacity to compete more effectively in regional and international markets.
Douglas told the cream of the private sector in Nevis on Tuesday that in view of the nation’s relatively high public sector debt, he does not believe that the Federal Government or the Nevis Island Administration should take up scarce resources or borrow money to build this bridge. “It is my view that as soon as such a bridge becomes financially viable from a commercial standpoint, the private sector should be facilitated in undertaking this project - perhaps on a build, operate, lease and transfer basis,” said Douglas, who was invited by the Nevis Division of the St Kitts and Nevis Chamber of Industry and Commerce to speak at its first luncheon meeting for the year on the working relationship between his 11-year-old St Kitts-Nevis Labour Party Federal Government and the six-month-old Nevis Reformation Party (NRP)-led Nevis Island Administration. Back...Most popular articles: viewed, printed and e-mailed
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