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CIP to partly fund 'DSH 2'

DSH Phase 2 Maria Islands St Lucia

Phase Two of the multi-billion-dollar DSH/Pearl of the Caribbean Horse-racing entertainment Project in Vieux Fort will be partly funded by the revenue from the Citizenship by Investment Programme (CIP).
Prime Minister Hon. Allen Chastanet also promised at the launch last week that a task force would be set up to ensure that the project meets the project planning requirements of local authorities.
The Government’s supplementary agreement with DSH promised to pave the way for CIP involvement in the project by amending the “CIP regulations to include a mixed used real estate project to be the qualifying investment and to remove the limitation on CIP applicants per year…”