Prime Minister Roosevelt Skerrit has said that there has been promising investments within the private sector last year.
Skerrit, who addressed a press conference at the Ministry of Finance conference room Wednesday, said that a total of 204 jobs have been created within the sector, which is more than the targeted amount.
“We have seen promising investments from the private (sector). From January to December, Invest Dominica Authority approved concessions to 33 companies with the potential to create 196 jobs and an investment of $43.28 million. To date, actual investment has been $22.2 million, and the total number of jobs created is 204, surpassing the target of 196 for double the investment,” the prime minister said.
“Between January to April 2010, the Authority approved 17 applications for concessions with the potential to create 119 new jobs at an investment of $1.8 million,” the finance minister stated.
The head of government assured that his administration will continue to work with institutions like the AID Bank and give concessions to firms, as long as they are consistent with relevant legislation.
– Hermisha Rolle, Staff reporter