Invest Saint Lucia (ISL), the official promotions agency of the Government of Saint Lucia, held a press conference to update the public on the ongoing projects, pipeline projects and investment opportunities for 2019.

The projects include the Pearl of the Caribbean—a fully-integrated development in Vieux Fort. It is currently under construction with approximately 100 workers employed. In addition, a luxury resort branded by Fairmont is being constructed by the GP Group and is expected to be completed in 2021. The project will be located in Sunset Bay, Choiseul, and will be the second Fairmont in the Caribbean.

ISL CEO Roderick Cherry said the Fairmont Saint Lucia will compromise of 93 rooms, 43 bungalows and 40 villas.

“The project has approval in principal from the DCA, and an EIA was completed on the site which highlighted some development issues that would impact the project. As such, the design and layout had to be recommissioned with the approval of Fairmont. The redesign required additional property which was then vested to Invest Saint Lucia, and the property has been transferred to the investor,” Mr. Cherry said. “We are working in conjunction with the residents to effect relocation.”

The Point Sable lands owned by Invest Saint Lucia were initially marked for the DSH Project. However, the lands have been repurposed and will be used for a new development by Invest Saint Lucia.

“We have entered into contractual arrangements with a company called OBMI, and they are doing the master plan concept for that area, so in a couple of weeks we will introduce OBMI to you and thereafter we will be facilitating discussions with the community so they can have input into the design,” Mr. Cherry said, adding that a business hotel at Pointe Seraphine, a luxury hotel at Cannelles, Micoud, and a Fixed Based Operator (FBO) facility at the Hewannora International Airport are all in the approval stage.