PM welcomes new investment

PM welcomes new investment

A new business has officially opened its doors in Saint Lucia. The CPJ Saint Lucia Ltd Distribution Centre and Meat Processing Facility, a joint venture between Du Boulay’s Bottling and Caribbean Producers Jamaica, held its opening ceremony on Thursday, November 5, 2015. Located at Cul de Sac, the company represents a $25 million invested in new plant and equipment and employment of 40 locals.

Prime Minister and Minister for Finance, Economic Affairs, Planning and Social Security, Hon. Dr. Kenny D. Anthony, delivered the well-received feature address, stating that the opening of a new company serves to “inspire hope and confidence in the potential of our country… It is a reminder that we – all of us – should believe in Saint Lucia and in the will of Saint Lucians to adapt, succeed and prosper.”

Prime Minister Anthony praised the Du Boulay family for leading this venture. He pointed out that that the timing is good, given imminent expansion in the island’s tourism plant, steady growth in stay-over arrivals, and planned redevelopment of Hewanorra International Airport in 2016. These developments, he opined, would lead to growth in the provisioning requirements for the hospitality industry.

The Prime Minister further indicated that the prospects for linkages between tourism, agriculture and the fisheries sector are reinforced by collaboration with private partner interests such as CPJ Saint Lucia. He noted that Government’s efforts to spur agriculture are beginning to bear fruit, which ventures like CPJ are poised to reap, to the mutual benefit of the company and its local partners.

Said Dr. Anthony,

“The Government has spent nearly EC$20 million on a national meat processing facility at Beauséjour, Vieux Fort. We must now augment our capacity in livestock production, through a new programme to boost livestock production.

“Private investment in the food sector is welcome news for farmers and consumers. To support these efforts, the Government enacted an Agricultural Incentives Act. This Act has, for the first time, provided farmers with legislative protection for incentives.

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