Friday, April 12, 2024

Budget 2016: Stalled projects back in business

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A CONFIDENT Minister of Finance Chris Sinckler declared his hand early in the opening minutes of his 2016 Financial and Budgetary Proposals presentation yesterday.

Sinckler set the stage for Barbados’ financial outlook by expounding on a number of projects which he said would continue to put Barbados on a positive path of growth.

He formally announced the restarting of the all but abandoned Four Seasons Hotel Project, telling the House of Assembly that he had already signed the agreement for the sale of the expansive property in Paradise, St Michael.

“I want to alert the House that I have formally signed the agreement on behalf of the Government for the sale of the Four Seasons project to the preferred investors,” he said, adding that debate would soon commence to discuss the agreement. (MB)


Please read the full story in today’s Midweek Nation, or in the eNATION edition.


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