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Thursday, August 20, 2009

CLICO Fiasco Leaves Government Guessing What To Do About Sam Lords

"PM wants joint effort to restore Sam Lord's


PRIME MINISTER DAVID THOMPSON yesterday called for a joint venture or full private arrangement to redevelop Sam Lord's Castle that now lies in ruin.

The Prime Minister and several ministers and Government officials toured a number of St Philip sites yesterday,

"We don't want to have to use significant taxpayers resources except in facilitating some sort of joint-venture arrangement or alternatively a full private sector arrangement that protects the interests of Barbadians and delivers on what we want - beach access, protection of the Castle and perhaps mixed-use of other tourism development in an area of Barbados that needs to have further development."

He told the Press: "Let me make it clear, Sam Lord's Castle is a building of historic interest in Barbados. There was intended on that site a tourism development which would have seen a significant broadening of the product that Barbados offers, also in an area where it is critical for us to provide jobs and to have new economic infrastructure."

He added: "We are determined to see that particular project or one like it proceed. We are not interested in owning Sam Lord's Castle . . . . We are interested in seeing it developed in the interest of Barbadians.

"That is part of reasons why we feel that Sam Lord's Castle is important to be acquired at this time.

"We expect that as soon as we can complete our analysis of what can be done with the property . . . we will work with other persons to ensure that it is developed."

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