Prime Minister of Grenada Is Pleased With The Progress Of The Kimpton Kawana Bay Project
/On a recent tour of the site, Grenada Prime Minister, Dr. the Right Honourable Keith Mitchell, was impressed by the progress of the Kimpton Kawana Bay project. Together with Honourable Nickolas Steele, the Prime Minister saw the beginning of the construction of the fourth (and last) building.
The official opening according to the plan will take place in 2022, and the project itself will be completed in 2021.
The residential complex will include 133 rooms and 31 suites. The project will create about 1,100 jobs.
Prime Minister Mitchell said: “I must commend the project developers and investors for creating this idea and executing it. We welcome the modifications made along the way to make this an even bigger project than was initially envisioned and we look forward to the end product – the completion of construction and the formal opening in 2022. We expect Grenada’s tourism product to be revived in the not too distant future and developments like these help to expand and improve our offering."
Kimpton Kawana Bay is an approved project under the Grenada Citizenship by Investment (CBI) Program. Under this program, people can invest for an approved price starting at US$220,000 and, after a thorough due diligence process, can qualify for Grenadian citizenship.
“I am also convinced that the Government’s decision to initiate the CBI Programme was certainly a correct one. For persons who may not understand, projects like these play a significant role in job creation, impacting the lives of hundreds of Grenadian workers. A lot of local labour has been utilised and this creates enormous spinoffs in the local economy and this is in keeping with the kind of model that this Government has consistently promoted.” - said Dr. Mitchell
