“Ports Not Sold!” - $135 Million GPH Port Redevelopment Commences

Tuesday, May 14

G

lobal Ports Holding, the world’s largest cruise port operator, is set to dramatically redevelop Port Castries and the Soufriere Waterfront in a lease agreement.

The project will require dredging at Pointe Seraphine, the building of a Boardwalk from San Soucis Bridge to the Vendors Arcade, rebuilding and expanding the Vendors Arcade, the building of finger piers at the Arcade, the demolition of the old Customs Building and rebuilding of a new Customs Building. The creation of parking lots and the construction of a Fishermen's Village at Banane and the total upgrade of the Soufriere Waterfront.

GPH is set to invest XCD 135 million as they lease the ports from the government of Saint Lucia for 30 years, managing the cruise sector and investing in portside infrastructure development.

The ports are not sold. What we have is a new economic arrangement and I don't think we have presented that idea enough. We are renting the ports to them for 30 years, they will control it, develop it, and pay the government. GPH will employ people and improve the quality of life…I want GPH to treat the people of Saint Lucia well. I am not signing anything that will cause our people harm,” said Prime Minister Pierre at the ceremony to commemorate the commencement of the project.

The Saint Lucia Air and Seaports Authority (SLASPA) officially ​transferred the management of its cruise port operations to GPH on April 30th.