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St Kitts and Nevis Prime Minister Terrance Drew highlights six sectors for diversification in 2023

Basseterre, Dec. 21, 2022 (GLOBE NEWSWIRE) — St Kitts and Nevis Prime Minister, Dr Terrance Drew, recently delivered his first Budget Address under the theme “Towards Our Transformation as a Sustainable Small Island State”.

During his speech which was delivered on December 14th, he highlighted six major sectors for diversification and growth opportunities.

The six sectors are:

  • Citizenship by Investment Programme

  • Agriculture

  • Medicinal Cannabis Industry

  • Construction

  • Tourism

  • Manufacturing

The new administration is determined to support the growth and development of the nation, said the Prime Minister. “Our government has adopted a clear agenda to transform St Kitts and Nevis into a sustainable island state. Our Sustainable Island State Agenda is founded on seven (7) key pillars which include Food for Security, Green Energy Transition, Economic Diversification, Sustainable Industries, the Creative Economy, COVID-19 recovery and Social Protection. In this context, over the next 12 months, our government will use the 2023 Estimates as a vehicle to vigorously pursue a number of policies, programmes and projects that would allow us to achieve some of the important objectives that will help us to move forward with our agenda to make St Kitts and Nevis a better place to live, work and visit.”

Citizenship by Investment Programme

Being the pioneer in the global investor immigration industry for nearly 40 years, the government of St Kitts and Nevis is enhancing and strengthening its Citizenship by Investment (CBI) Programme.

“We are seeking to ensure that our CBI Programme is mutually beneficial for all stakeholders, the people of St Kitts and Nevis, investors, developers, local service providers, and international marketing agents, added the Prime Minister.

From the revenues forecasted for.....

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