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Jul 12, 2012

Minister of Finance plans of solar energy on a commercial sale

Santino Castillo

The United Democratic Party, which is in its second term in office, is also boasting significant growth in foreign direct investment at a time when the financial climate within the Caribbean is currently unfavorable.  Minister of State in the Ministry of Finance, Santino Castillo, ran through a list of private sector projects that are being undertaken by foreign investors; among them, plans to introduce solar energy on a commercial scale.

 

Santino Castillo, Area Representative, Caribbean Shores

“On the U.D.P. record on investment we have the following projects in the oven, the Qatar Four Seasons Hotel project on Caye Chapel, A.S.R. investment in B.S.I., construction of smaller hotels, both local and foreign, in Placencia, Cayo and San Pedro, the Sunny City Chinese development, solar electric project from Israel from a company [called] Gigawatt Power, in Cayo, a call center called Office Guru, a convention center in San Pedro which will host five hundred people, along with an eighty-room hotel, the Fyffes investment in gold bananas which will increase our banana yield by some fifty percent and port improvements in Big Creek, among others.  And this has taken place, Mr. Speaker, during a period of severe world recession that saw levels of foreign direct investment in the region drop to almost nil.  Now Mr. Speaker, what is the opposition’s record on investment?  They sold the phone company, they sold the electric company, they sold the water company, they sold the airport, the sold the sea port, in short the sold everything and anything they could possibly sell.  Only one thing mih lef fi dehn sell!”

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6 Responses for “Minister of Finance plans of solar energy on a commercial sale”

  1. Storm says:

    I hope ONE of these projects actually comes to fruition and delivers on its promises. It would be a first in the Jewel. I’ll be watching, I hope you are, too.

    Don’t overpromise and underperform, Santi. These promises are on video — they can be used for you if they succeed, and against you if they do not.

  2. Rod says:

    Ya you shuda know all bout that santino.

  3. Lucas says:

    Hey SUAVECITO, I hope your plans do not include SOLINDRA ( A California Solar Energy Company who recieved millions of U.S. tax $s by Obama and went belly up).

  4. Dr No.d says:

    SUAVECITO will not deliver.

  5. Rod says:

    Santino tha just like y song. Sube y se Baja.

  6. Electricsaver1200 says:

    oh well I just hope they would include affordable solar energy…

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