British Virgin Islands

Tuesday, Oct 27, 2020

Pier Park tenants owe over $300K to gov’t, says Premier

Pier Park tenants owe over $300K to gov’t, says Premier

Tenants at the Cyril B Romney Tortola Pier Park owe government well in excess of $300,000 for rent, Premier Andrew Fahie has disclosed.

“The total outstanding to date owed by tenants of the Cyril B Romney Tortola Pier Park is $360,56.24,” Fahie said while answering questions in the House on Thursday.

The Premier further said the outstanding amount accumulated between June 2018 to May 2019.

He did not expressly state how many tenants are delinquent in payments.

Fahie, however, said the new BVI Ports Authority board is tasked to assist the Pier Park with this matter so that the issue can be rectified.

As per the facility’s website, there are four tour operators, one real estate company, two telecommunication service providers, one eyewear company, a dozen clothing stores, six jewellery stores, one liquor store and two internet café/business centres based at the location.

There are also six health and beauty salons, seven gifts and souvenir shops, 12 food and beverage establishments, one footwear store, one electronic store, four car and bike rentals and two banking and money transfer establishments at the park.

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