KUALA LUMPUR, Feb 20 (Bernama) -- St Kitts and Nevis, a country in the Caribbean has revealed a positive outlook for its manufacturing sector and the government’s visit to five national plants indicates competitive growth for the industry’s plans and projections in the coming years.
According to a statement, the manufacturing sector is central to the national economy, which will therefore, gain in production and strength.
As economic citizens invest in the country via the Sustainable Growth Fund (SGF), increased growth will provide greater returns on investment for applicants to the country’s Citizenship by Investment (CBI) Programme.
The CBI Programme offers investors second citizenship in return for a contribution to the SGF. The ‘Platinum Standard’ Programme is one of the world’s most successful programme, recognised by the Financial Times for high standards of due diligence and processing.
The government also recently reinforced due diligence by introducing stricter escrow account legislation and a new requirement for applicants to provide biometric data in the form of digital fingerprints.
Export manufacturing is also a key driver of revenue for St Kitts and Nevis. Goods are delivered worldwide, including to the USA and Europe, whereby Kittitian and Nevisian aerospace products are used.
-- BERNAMA
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