PM Drew Announces Ritz Carlton Resort Construction in 2025

In a bold move aimed at boosting the economy and advancing the Sustainable Island State Agenda, Prime Minister Dr. Terrance Drew has revealed plans for the construction of a Ritz Carlton Hotel in 2025. The announcement came during the Budget presentation on 16th December, 2024, where the prime minister outlined the government’s strategic vision for St. Kitts and Nevis’ economic future.

The highly anticipated project, which has generated widespread excitement among the public, marks a significant step towards diversifying the economy, reducing dependency on the Citizenship by Investment (CBI) programme, and stimulating long-term job creation. This move is also in line with the Drew administration’s commitment to fostering sustainable development while attracting high-end tourism investments to the Federation.

Tourism Growth and Economic Diversification

Earlier in October, Minister of Tourism, Marsha Henderson, hinted at the arrival of a major hotel brand during her appearance on the ZIZ Television docuseries The 9: An Era of Transformation. However, at the time, she did not disclose the name of the brand, as negotiations were in the final stages. With Prime Minister Drew’s announcement, the government has confirmed that the world-renowned Ritz Carlton brand will be coming to St. Kitts, a move expected to greatly enhance the Federation’s tourism offerings.

“This is a transformative moment for St. Kitts and Nevis,” stated Prime Minister Drew. “The Ritz Carlton will not only bolster our tourism sector but will also provide much-needed employment and business opportunities for our citizens. This is just one of many strategic projects we are working on to ensure that our economy is diverse, sustainable, and poised for long-term growth.”

The construction of the resort is expected to create a wide range of jobs, both in the short and long term, from construction workers to hospitality staff and managerial positions. Additionally, it is anticipated that the resort will attract further investments in related sectors such as transportation, retail, and agriculture, all of which will contribute to the Federation’s economic diversification goals.

Public Elation and Support for Capital Projects

The announcement has been met with widespread approval, with many members of the public expressing their enthusiasm for the project. Citizens have long called for more capital projects that will stimulate economic activity, create jobs, and promote sustainable growth. The coming of the Ritz Carlton is seen as a pivotal development that aligns with these calls and marks a new chapter in the nation’s tourism and economic story.

“Finally, we are seeing action,” one resident commented. “This is exactly the kind of project we’ve been hoping for – one that will have a long-lasting positive impact on St. Kitts and Nevis. We are excited for the jobs, the investment, and the opportunities it will bring.”

Advancing the Sustainable Island State Agenda

The Ritz Carlton Hotel is not just a luxury hotel project; it is a key part of the government’s broader vision to transform St. Kitts and Nevis into a Sustainable Island State. The Drew administration’s strategic focus on sustainable development will help preserve the environment while driving economic growth through responsible tourism and high-quality infrastructure.

As part of its commitment to reducing the nation’s reliance on the CBI programme, the Drew government is focusing on fostering investments that bring long-term value and economic resilience. By attracting reputable international brands such as Ritz Carlton, the administration aims to create a more diverse economy that stands on its own merits.

Looking Ahead to 2025 and Beyond

With construction set to begin in 2025, the Ritz Carlton Resort will be one of the flagship projects of the Drew administration’s first term in office. As the Federation continues to move forward with its Sustainable Island State Agenda, this announcement solidifies St. Kitts and Nevis’ position as a rising star in the Caribbean tourism industry, while also paving the way for a more prosperous and diversified economy.