Basseterre, Saint Kitts – Nevis
April 12TH 2007 (CUOPM)
Small business owners and locally owned hotels are to get a shot in the arm.
The Denzil Douglas led Saint Kitts – Nevis Labour Party Administration has approved concessions for the refurbishment of small hotels and the duty free concessions for small businesses.
Minister of State with responsibility for Information, Sen. the Hon. Nigel Carty disclosed after the weekly Cabinet Meeting Wednesday that several applications for duty concessions made by a number of small businesses were approved.
“Of particular note are concessions considered and approved in support of small, locally- owned hotels. This decision is consistent with the government’s policy to support the further development of the indigenous hotel sector as government recognises the overall contribution of this sector to the development of Tourism, our lead economic sector,” said Sen. Carty at the Post-Cabinet briefing.
He said that concessions given will support hotel refurbishment and upgrading, thereby allowing these businesses to be more competitive and profitable by offering high quality services.