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Major development on the cards

CORPORATE giant CLICO is about to start a more than $212 million transformation of Barbados south-east corridor with the full backing of Government.

Prime Minister Owen Arthur also made it clear that no amount of political provocation would make his near 13-year-old administration engage in whimsical and other vicious relations with the company headed by Leroy Parris. The CLICO Group has interests in insurance, construction, is a major land owner in St. John and is now venturing into the tourism and hospitality sector in a big way.


Arthur announced that by September a massive $200 million restoration of Sam Lord s Castle, St. Philip including a 250-room five star hotel and conference facility, plus 200 condominiums would be started by the entity.

Next door in St. John would be the $12 million Villa Nova hotel, with plans awaiting approval for the construction of a 45-unit community there, he added.

That s not all for that rural parish, however. CLICO has also proposed a golf development along with recreational facilities and condominiums on 300 acres of Government land at Bath, to serve both Barbadians and those who will be holidaying at Villa Nova and Sam Lord s .

Addressing management and staff of the Trinidad-owned company during its group awards gala 2005 and 2006 at Sherbourne Conference Centre on Saturday night, the Prime Minister said the region comprising St. John, St. Joseph and St. Philip was the new frontier of development in Barbados .

The west and south coasts were saturated, certainly in terms of the availability of new areas of expansion, he noted.

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