News

Construction Sector Booming in Nevis with policies designed by NIA: Mark Brantley

Premier of Nevis and the leader of Concerned Citizens Movement Mark Brantley outlined that the construction sector in Nevis is witnessing huge growth after the period of the COVID-19 pandemic.

Nevis: Premier of Nevis and the leader of Concerned Citizens Movement Mark Brantley outlined that the construction sector in Nevis is witnessing huge growth after the period of the COVID-19 pandemic

He stated that as the country recovered from the Covid-19 pandemic, the CCM-led NIA has designed policies to stimulate the construction sector leading to a boom in construction activity on Nevis.  

Under our COVID recovery policy, all construction with materials valued over EC$30,000 benefits from exemptions from Customs Duties and Customs Service Charge.

Shedding light upon the employment situation, Premier Mark Brantley exclaimed that yesterday the country saw some welcomed job numbers from official Social Security data for Nevis, which showed that the number of employees in Nevis grew 2.9%, the number of jobs grew by 4.9%, gross monthly wages grew by 7.3% and gross monthly wages per employee grew by 4.3% over the period January to March 2022.

To date the Ministry of Finance has processed some 90 applications under this policy. For January to June 2022 some 103 new building permits were approved by the Department of Physical Planning. In addition, there were 98 new construction start ups for the period January to May 2022 consisting of 74 new properties and 24 renovations to existing properties.

There are currently 166 active construction sites on the island of Nevis.

This is certainly one of the policy prescriptions designed by the NIA Cabinet which has worked beautifully.

The policy was to end on June 30, 2022 but as a consequence of the tremendous success thus far, the Cabinet has determined that it be extended for another 6 months from July 1 to December 31, 2022. We invite all those thinking of building or renovating to take full advantage of this policy.

For Mark Brantley, “This is an excellent example of what happens when we ignore the noise and focus on developing our island and our people.”

Share
Anglina Byron

Published by
Anglina Byron

Recent Posts

Saint Lucia: HelpAWS welcomes “Sweet Lucy”, shares her story

HelpAWS welcomed sweet Lucy in their family, who has been failed by humans too many… Read More

6 hours ago

Dominica: PM Roosevelt Skerrit to host press conference on Jan 30

Prime Minister Dr Roosevelt Skerrit will host the press conference on Monday, January 30, 2023,… Read More

6 hours ago

India: Kashmir’s Gulmarg makes first glass igloo restaurant

A glass igloo restaurant in the middle of the snow-covered mountains in Gulmarg has gathered… Read More

7 hours ago

India: PM Narendra Modi launches Winter Games, lauds Kashmiri sports star

Prime Minister Narendra Modi announced that the government of India launched the Winter Games in… Read More

7 hours ago

Dominica to host final matches of U13 and U17 in Football tournament on Jan 30

The finalists in both the 13 and under and U17 Division of the Sports Division… Read More

10 hours ago

Dominica: SunRise is back for Real Mas 2023, ASA BANTAN to perform

SunRise- Mas An Lawi has returned to the shores of the Commonwealth of Dominica with… Read More

10 hours ago

Saint Lucia: Two matches played in Domestic Cricket Tournament on Jan 28

The 2023 Gros Islet Domestic Cricket Tournament, sponsored by District Representative Kenson Casimir continued on… Read More

12 hours ago

Saint Lucia: 2023 Gros Islet Domestic Cricket tournament hosts 50 over side game

The 2023 Gros Islet Domestic Cricket Tournament, sponsored by District Representative; Kenson Casimir, continued on… Read More

12 hours ago

Kathy Di Paolo: Famous Instagram influencer and digital nomad

Kathy Di Paolo founded Wanderers Wealth, an international tax consultancy service for travellers. Kathy is… Read More

12 hours ago

Dominica set to host Amnesia Band 2023, Melissa Skerrit invites bands to register

The Commonwealth of Dominica is all set to host Amnesia Band 2023- Crazy Mess featuring… Read More

1 day ago