British Virgin Islands

Saturday, Oct 24, 2020

Gov’t to set up ‘Economic Zone’ in District 5

Gov’t to set up ‘Economic Zone’ in District 5

Residents of the Fifth Electoral District will soon have an economic zone that will accommodate aspiring entrepreneurs who need a physical space to operate their business.
Fifth District Representative Kye Rymer said the project is dubbed ‘The First Step Entrepreneurial Programme’ and a groundbreaking ceremony will be held at 9 am next, Monday October 19.

“We’ll erect warehouse-style business places for persons in the district who are ambitious and interested in owning a brick and mortar business,” Rymer explained.

He added that those who have been asking questions about the project may attend the groundbreaking ceremony to get more information.

Rymer said he is happy the economic zone is being erected because it was a promise he made while campaigning for office.

He said it is meant to complement the thriving business community in the constituency.

The project will be funded by the government.

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