Cabinet requests full report on Beacon Heights Housing Development

BASSETERRE, ST. KITTS, OCTOBER 18TH 2011 (CUOPM) – The Minister responsible for Social Security has been asked to give a full report to the Cabinet on the status of construction at the Beacon Heights Housing Development Project, Prime Minister Hon. Dr. Denzil L. Douglas disclosed Tuesday.

Responding to a question from a caller during his weekly radio call-in programme “Ask the Prime Minister,” Dr. Douglas said Deputy Prime Minister and Minister of Social Security, Hon. Sam Condor, was requested by the Cabinet to give the report at next Monday’s Cabinet Meeting.

Addressing the issue in his opening statement, Dr. Douglas noted that in recent days there has been considerable public discussion pertaining to a document that has been circulating with reference to Social Security.

“My Cabinet wishes to have access to all of the facts surrounding this issue as a matter of utmost priority, and so we are now awaiting the report which we have asked the Minister with jurisdiction for Social Security to provide,” said Dr. Douglas.

He said that “upon receipt of this report we will be in a far better position both to assess the facts, and to determine the responsible and appropriate response to same.”

In a recent radio programme the Social Security Board spoke of its decision to develop the Beacon Heights project on approximately 90 acres at Dewars’ Estate as another branch of housing as it seeks to promote a different level of investment of its funds for higher returns in order to enhance the Fund.

It envisages the provision of at least 190 homes with very scenic views, with parks and gardens, and a commercial area. This advanced level development is expected to feature the absence of unsightly overhead utility lines, and the entire community will be somewhat self contained.

“It is being done directly by Social Security and represents our flagship contribution to high end housing for upper-level income earners. Thus, while our contribution to low and middle income housing will continue to attempt to satisfy the needs of the less financially able, this newest initiative (Beacon Heights) will offer an option that will be accessible by higher income earners while at the same time providing a source of greater investment income for the Social Security,” the radio programme said.

You might also like