– Announcement –
Basseterre, Dec. 1, 2022 (GLOBE NEWSWIRE) — The Premier of St. Kitts and Nevis, the Honorable Dr. Terrance Drew, is making his first working visit to Dubai in the United Arab Emirates until Saturday, December 3, 2022.
The Prime Minister is accompanied by the Minister of Tourism, Hon. Marsha Henderson; the Attorney General, His Excellency Garth Wilkin; the cabinet secretary, Dr. Marcus Natta; Mr. Sylvester Anthony and Mrs. See Galloway.
The visit provides an opportunity for St Kitts and Nevis to show the world that it is open for business and ready to attract investors seeking mutually beneficial partnerships with the nation.
The prime minister will identify new areas of collaboration to advance economic recovery and stability and reaffirm the solid foundations between the two countries.
The Embassy of St Kitts and Nevis will host an exclusive cocktail event on Thursday 1 December 2022 for investors, citizens and business partners to meet the Prime Minister and his delegation.
Dubai has successfully positioned itself as a world-class financial centre. The multicultural city is within reach of two-thirds of the world’s population in flights of eight hours or less, allowing it to serve as a nexus for East and West, as well as being at the heart of the Africa-Middle East-Asia triangle .
Dubai’s rapid growth, strategic location and favorable business culture have earned it a reputation as the world’s most sought-after shopping center.
The Prime Minister’s visit comes at a time when the economies of many countries are being affected by the lingering impact of the COVID-19 pandemic and the fallout from the conflict between Ukraine and Russia.
The visit also aims to deepen relationships with important stakeholders, such as international investors and government-approved agents, who play a vital role in promoting and supporting the country’s recently upgraded Citizenship by Investment (CBI) programme.
Since assuming office in August 2022, the Prime Minister, the Hon. Dr. Terrance Drew has been working tirelessly to find and implement solutions that will make St Kitts and Nevis thrive. The government is taking steps to maintain and improve the image of the Twin Islands Federation’s CBI program by ensuring that it is more transparent and follows the principles of integrity and good governance.
St Kitts and Nevis has the world’s oldest citizenship-by-investment program, which has been vital in helping the country finance important economic and social projects, but has come under scrutiny in recent years.
The Citizenship by Investment program is a way of directing foreign direct investment to innovative projects in the fields of education, health, agriculture and tourism.
– Announcement –