Beautiful Virgin Islands

Monday, Jul 13, 2026

'TPP investment was one of the best VI made' - Hon Vanterpool

Even though the project has a cost totalling some $85 million-plus, including cost overruns of at least $40 million for the Cyril B. Romney Tortola Pier Park Project (TPP), former Communications and Works Minister, Hon Mark H. Vanterpool (R4) insists that the TPP investment was one of the best the territory ever made.

According to Mr Vanterpool at a press conference called by the Opposition on November 13, 2019, he remains “very pleased and very satisfied to have taken that sector of tourism to the level that we took it, where we put a very solid and firm stake in the cruise ship industry in the territory that will last for a very long time."

In 2013/14, the NDP Government announced the cost of the project was around $45M to $50M; however, it became over $85M, a whopping $40M overrun.


Corruption - Audit Report

Then in a long-awaited audit report, commissioned by the then outgoing Premier, Dr the Honourable D. Orlando Smith, and tabled to the House of Assembly on January 15, 2019, a number of files had ‘mysteriously’ gone missing; the Charterland Chartered Surveyors Property Consultants report noted.

According to the Report, “…we have been unable to review details or either the original budget or the assessed final costs and thus we have no specific details, as result, cannot opine, justify or comment on the increases apart from the opinion stated based on experience.”

The report also stated that “some building did not follow proper process, others did,” and that in the end there was not enough information available, so a conclusion of corruption and lack of value for money could be made.

The report cited as example that development costs increased by some $4,915,905, adding, however, “…we lack details as we were unable to identify the reason for the increase.”

In December of 2015, a former developer of the cruise pier development project, Mr Hugh Edison Darley, President of IDEA Inc., had accused the National Democratic Party (NDP) of perverting the process of the project’s development and causing it to balloon far beyond what it would have cost originally to build.

He is also accusing the then government of not honouring their licencing obligations for the use of his designs some of which they changed in an effort to “cheapen” the project.

Mr Darley had also alleged that when he was part of the project it was planned that it would have been built for 45 million dollars.


One of the best investments - Hon Vanterpool

Hon Vanterpool at the press conference said, “I believe we are going to look back 10 years from now and say that investment in the cruise pier was one of the best investments this territory has ever made and I am very comfortable with that," he said.

According to the Opposition Member, "it is a legacy that I want the former Premier to be proud of, and I as a minister and the rest of the government, the NDP, [are] very proud of it."

According to the Audit report; however, statements claiming value for money by Mr Vanterpool is not necessarily accurate.

“I can honestly and confidently account to you, that not one penny of your funds has been taken by myself," Mr Vanterpool said on the National Democratic Party’s (NDP), ‘Drive Time’ radio programme of September 3, 2018, while struggling to explain the cost.

At the November 13, 2019 Press conference, Mr Vanterpool claimed that even when booted out of government, he called Premier and Minister of Finance, Hon Andrew A. Fahie (R1) a week later and introduced him to Carnival Cruise lines. This he says was part of his commitment to the continued success of the industry.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
Passenger Is Pulled Partly Outside Ryanair Jet After Window Fails Mid-Flight
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Following Massive Investor Demand: SK Hynix Raises 26.5 Billion Dollars on Nasdaq
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
After Four Years, and Under a Heavy Veil of Secrecy: King Charles Meets His Grandchildren, Harry and Meghan's Children
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
Westminster in Freefall as Farage's By-Election Gamble Triggers Broader Systemic Crises
Institutional Fractures and Political Volatility Reshape Britain's Domestic Landscape
Deadly Fire, Health Emergencies and Political Upheaval Shape a Volatile Global News Cycle
Flight Instructor Jumped to His Death — Student Landed the Plane: "You Know What You Need to Do"
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Prince Harry Suffers Major Court Defeat in Legal Battle Against Daily Mail Publisher
Bonnie Tyler, Welsh Singer Behind Total Eclipse of the Heart, Dies at 75
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama
Federal Financial Framework Shifts as Treasury Launches Universal Savings Program for Minors
French Court Allows Le Pen to Run for Presidency, but with an Electronic Tag: "I Will Appeal, and I Will Run"
$1.4 Trillion: The Lawsuit That Could Crush Meta
Europe's Growing Struggle with Extreme Heat and Air Conditioning
UK Daily Briefing: Legal Developments and Social Issues
Political Turmoil and Rising Costs
Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud
Logic Flaw in Windows 11 Permission Architecture Silently Consumes Hundreds of Gigabytes of Local Storage
Apple Advances Late-Stage Operating Systems with Fourth Beta Deployments
Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval
Deep Purple Has Released Its Best Album in Decades
Microsoft Lays Off 4,800 Employees and Xbox Suffers the Hardest Blow
Morocco and France Advance as 2026 FIFA World Cup Enters Quarterfinals.
Historic 2026 Tour de France Opens in Barcelona With Revamped Team Time Trial.
Global Mergers and Acquisitions Approach $4 Trillion Defying Geopolitical Tumult.
Negotiators Advance 20-Point Framework for Gaza Ceasefire and Demilitarization.
OECD Warns Middle East Conflict Will Depress Global Economic Growth.
Ukrainian Drones Strike Major Oil Terminal in St. Petersburg.
World Meteorological Organization Issues Urgent Alert Over Rapidly Intensifying El Niño.
United States Commemorates 250th Anniversary With Diplomatic Summits and Global Flotilla.
Iran Begins Days-Long Funeral for Supreme Leader Khamenei Amid Strait of Hormuz Standoff.
Technology giant reports surging carbon emissions driven by artificial intelligence infrastructure demands.
Artificial intelligence adoption accelerates workforce reductions across the technology and financial sectors.
Global technology and financial conglomerates collaborate to launch a new stablecoin standard.
United States regulators lift export restrictions on a major frontier artificial intelligence model.
Luxury bags take over the World Cup: style, status symbol, or just showing off?
×