July 11, 2012 · 0 Comments
The project will be financed through the St Kitts and Nevis Citizenship by Investment Programme through the sale of individual shares for $400,000.
The announcement was made during a press conference at the Park Hyatt Dubai, attended by St Kitts and Nevis Prime Minister Dr Denzil Douglas, who is currently on an investment trip to Dubai.
“We are extremely pleased to welcome the prestigious Park Hyatt brand and Range Developments to the island of St Kitts,” Douglas said. “This project will further advance our government’s economic transformation of St Kitts since the closure of the sugar industry in 2005.”