Caribbean News Now!

About Us Contact Us

Countries/Territories

Jump to your country or territory of interest

Advertise with us

Reach our daily visitors from around the Caribbean and throughout the world. Click here for rates and placements.

Contribute

Submit news and opinion for publication

Subscribe

Click here to receive our daily regional news headlines by email.

Archives

Click here to browse our extensive archives going back to 2004

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here.

Climate Change Watch

The Caribbean is especially vulnerable to rising sea levels brought about by global warming. Read the latest news and information here...

Travel


RSS Feeds


Follow Caribbean News Now on Twitter
Connect with Caribbean News Now on Linkedin



Other News


News from the Caribbean:


Back To Today's News

Major fuel storage facility proposed for Nevis
Published on September 5, 2012 Email To Friend    Print Version

By Caribbean News Now contributor

CHARLESTOWN, Nevis -- Discussions, negotiations and meetings between the Nevis government and Canadian Global Investment Ltd have reportedly been taking place since March of this year to establish a fuel storage facility that will bring to the island 200 to 300 jobs in direct employment during the construction phase and an ongoing plant operation opportunity for 150 employees at various levels.

There will also be several indirect jobs and entrepreneurship opportunities generated by this venture, which also enhances the marketability and use of other lands in the designated area.

Apart from job creation, the project would bring significant revenues/royalties to the government and will reduce energy and transportation costs, reducing the cost of living and improving the standard of living.

Canadian Global and its investors and affiliates are proposing to bring a $400 million project to Nevis, which will consist of a tank storage facility for refined and unrefined hydrocarbon products. Canadian Global said it has already obtained the rights to the Pembroke Estates land in Nevis where the facility will be located.
 
Reads: 2814





Click here to receive daily news headlines from Caribbean News Now!



Back...

Comments:

No comments on this topic yet. Be the first one to submit a comment.

Back...

Send us your comments!  

Send us your comments on this article. All fields are required.

For your contribution to reach us, you must (a) provide a valid e-mail address and (b) click on the validation link that will be sent to the e-mail address you provide.  If the address is not valid or you don't click on the validation link, it will be a waste of your time typing your submission because we will never see it!

Your Name:

Your Email:

(Validation required)

Comments:
Enter Code


Other Headlines:



Regional Sports:

Opinion

Letters