RELEASE: The government of St. Vincent and the Grenadines continues to undertake preparatory works in anticipation of the construction of new port facilities in Kingstown. In December 2019, the Board of Directors of the Caribbean Development Bank (CDB) approved financing for this project. The first phase will include:
- the construction of new cargo port facilities
- the rerouting of an existing sewer line and;
- associated road works
Beginning on Wednesday May 13th, 2020, vendors on the sea wall who are being permanently impacted will begin to receive compensation. Earlier this year Cabinet approved a sum of EC$275,000 to compensate the sixty vendors who were plying their trade on the sea wall, prior to March 31st 2019.
As of May 12th, 2020, eleven (11) vendors have complied with the requirements to remove their structure and they will accordingly receive their compensation package of EC$4,500 each. The compensation makes provision for three (3) months income support of EC$715/per month, in addition to amounts for the value of their structure, removal allowance and timely removal bonus.