Regional developer recognized for contribution to St Kitts-Nevis economy

April 19, 2018 in National

DUBAI, UAE — The government of St Kitts and Nevis has recognised the partners of Range Developments for their support and participation in the economic development and sustainability of the country.

Prime Minister Dr Timothy Harris presented an award of appreciation to Range Developments for its continued contributions to the country’s citizenship by investment (CBI) programme, during a cocktail reception in Dubai last week.

The award was presented to Range Developments partners, Mohammed Asaria and Kamal Shehada.

Range Developments said it is very honoured to have received an award from the government of St Kitts and Nevis for its commitment to the CBI programme and development in the Federation.

“We are the only developer in our sector to have completed a luxury hotel in the Caribbean through citizenship by investment and we are very touched by this acknowledgement from the government of St Kitts and Nevis. We look forward to many years of collaboration and completing our next project in St Kitts in record time, Asaria said, in expressing his appreciation.

Range Developments is responsible for the establishment of the 126-room Park Hyatt St Kitts luxury resort at the South East Peninsula, which had its opening in November 2017.

Four months after the opening of Park Hyatt St Kitts, the St Kitts-Nevis government signed an historic agreement with the owners of Six Senses Hotels Resorts Spas and Range Developments for the construction of Six Senses St Kitts – a luxurious hotel, resort and spa.

Through that agreement, Range Developments became the first developer to undertake two projects that will result in two internationally acclaimed luxury hotel brands established in St Kitts.

“For a Caribbean government… to conclude a deal with a developer, with an ultra luxury hotel operator in 66 days documented to the highest international standards, with the highest level of governance… that is a remarkable achievement. We have achieved here in 66 days what we haven’t been able to achieve in three years in other islands – all kudos to the government [and] to the minister,” Asaria said during the Six Senses St Kitts contract signing ceremony on March 4.

The construction phase of Six Senses St Kitts, which is expected to be completed in just over two years, will see the creation of more than 500 jobs, with another 300 permanent jobs being made available upon completion.

Very limited inventory in the recently opened Park Hyatt St Kitts remains available for investment. It is the only hotel investment option in the Caribbean through citizenship by investment in a completed luxury hotel project.

Meanwhile, Range Developments’ Kempinski resort project in Dominica has now resumed progress following the impact of Hurricane Maria in September last year.