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Chastenet to meet with investors and government officials during Asia trip

Prime Minister Allen Chastanet Prime Minister Allen Chastanet
CASTRIES, St. Lucia, Aug. 21, CMC – Prime Minister Allen Chastanet is scheduled to meet with investors and government representatives during an official visit to Asia.

 The Prime Minister who left the island on August 17, first visited the People’s Republic of China at the invitation of Teo Ak Khing – a major investor and Chairman of Desert Star Holdings Limited.

Chastanet also visited several company investments, and welcomed the opportunity to confirm or dispel first hand, some speculation surrounding the company’s track record.

Desert Star Holdings signed a Framework Agreement with the Government of Saint Lucia in July, which may result in an average US$2.6 billion investment project titled “Pearl of the Caribbean”. The project is earmarked for Vieux Fort, south of here.

Chastanet who is scheduled to return on August 26 promised to report to the nation regularly.

“The government regards reporting back to the people as part of our national duty” he said ahead of departing the island. “We take it seriously; so they can expect to hear from me while off island, of course using the available technology”,

The Prime Minister will also pay a courtesy visit to the Republic of China on (Taiwan) for preliminary meetings with government officials to lay the groundwork for an official state visit to St. Lucia later this year

Chastanet also plans to meet with St. Lucian students and visit  St. Lucia’s Embassy in Taiwan.