Prime Minister Roosevelt Skerrit of Dominica has reaffirmed the pivotal role of the Citizenship By Investment (CBI) Programme in driving the nation’s economic development. Speaking at the inauguration of the Ocean Oasis Hotel, Skerrit highlighted the program’s success in financing critical infrastructure, healthcare, education, and entrepreneurial ventures. He emphasized that the CBI initiative has enabled Dominica to recover from natural disasters and build a resilient economy. The Ocean Oasis Hotel, a flagship project funded through CBI, is a testament to the program’s impact, creating jobs, boosting tourism, and fostering local industries. Skerrit underscored the government’s commitment to maintaining transparency and integrity in the CBI industry while collaborating with regional partners to ensure its sustainability. He also encouraged young professionals to leverage their skills and participate in the program, emphasizing the importance of unity and optimism in driving national progress. Parliamentary Representative Chekira Lockhart-Hypolite echoed these sentiments, praising the CBI Programme for its transformative role in diversifying the economy and empowering local communities. The Ocean Oasis Hotel, she noted, symbolizes hope and opportunity for Dominicans, particularly in tourism and employment sectors. Both leaders emphasized the government’s dedication to fostering partnerships with the private sector to achieve sustainable growth and shared prosperity.
Gov’t officials point to recent opening of Ocean Oasis Hotel as proof positive that CBI programme is working – ‘life blood’ of economy
