Saint Lucia Government Reports Construction Jobs Surge
Caribbean and World Newsby Toter 8 months ago 46 Views 0 comments
Saint Lucia just had the best job numbers for the construction industry in 14 years. From footpaths in small communities to multi-story buildings and expanding real estate development, the construction industry in Saint Lucia is strengthening.
In 2023, there were 9,102 people gainfully employed in the construction industry. That confirms the policies of the Pierre-led Administration are working to stimulate job creation in Saint Lucia.
Government-backed capital projects are also contributing to an increase in jobs in the local construction industry. Several public sector projects broke ground last year. Some of these projects include:
Renewable Energy Sector Development Project
OECS Tourism Competitiveness Project
Community Tourism Project
Disaster Vulnerability and Reduction Project
St. Jude Hospital Reconstruction Project
Northern Divisional Police Headquarters Project
Custody Suites Project
The Prime Minister has declared 2024/25 the “Year of Infrastructure”. He has committed $484.9 million to the Government’s Investment Portfolio. Capital expenditures constitute $299.3 million of the total Investment Portfolio of the Government.
Foreign Direct Investment in Saint Lucia is on the upturn. Global brands and investment firms choose Saint Lucia to grow and expand their operations. Since July 2021, the Government of Saint Lucia, led by Prime Minister Hon. Philip J. Pierre, finalized several investment...
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