Nevis Premier’s Press Conference Highlights Positive Outlook for 2025

Major Accomplishments and Future Plans

Speaking at his recent monthly press conference, the Premier highlighted major accomplishments and future plans, expressing confidence in Nevis’ economic trajectory.

Confident Outlook for 2025

“I am grateful to say that in Nevis, things are going well… and my outlook for 2025 is very positive. I think we’re going to see more job creation, more businesses opening. So I believe the island is moving in the right direction and I’m hopeful we continue in that vein,” he remarked.

Completed Projects and Ongoing Initiatives

“We’ve been able to complete some significant projects delivered on time and on budget. We have other projects in progress that we hope to roll out in the new year, including our airport redevelopment and the completion of our hospital expansion. In addition, we are cooperating with the Federal Government on the geothermal energy expansion and I’m hopeful that by the Budget we will be able to explain some other initiatives we are taking in terms of renewable energy.”

A Thriving Restaurant Sector

The Honourable Premier noted the island’s thriving and growing restaurant sector as a standout success, saying visitors and residents have expressed their excitement at the quality and variety of dining options available on the island.

“Nevis now boasts one of the best dining scenes in the entire region.”

Plans to Boost Economic Activity

Outlining plans to boost economic activity in 2025, the Premier emphasized the government’s commitment to stimulating growth across various sectors.

“In the Budget, we will roll out new incentives for small businesses and unveil a diaspora attraction plan to encourage people to return home.

“We are introducing concessions for home construction and for those adding on to existing homes. Construction is a vital sector for us, with approximately 170 active sites currently on the island. We want to incentivize further growth by supporting individuals building or expanding their homes.”

Tourism Performance

The Premier also expressed optimism about tourism, highlighting its strong performance. He revealed solid hotel bookings for the peak season and increased revenue collected through the Tourism Development Levy thus far in 2024.

Conclusion

Acknowledging the challenges of unforeseen disasters, Premier Brantley concluded, “I believe 2025 will be a good year for us. With no natural or man-made disasters on the island I believe that we will have a good year.”

FAQ

What are the Premier’s plans for 2025?
- The Premier plans to roll out new incentives for small businesses, unveil a diaspora attraction plan, and introduce concessions for home construction and expansion.
What is the current state of the restaurant sector in Nevis?
- The Premier notes that Nevis now boasts one of the best dining scenes in the entire region, with visitors and residents expressing excitement at the quality and variety of dining options available on the island.
How is the tourism industry performing?
- The Premier reports solid hotel bookings for the peak season and increased revenue collected through the Tourism Development Levy thus far in 2024.