The nation’s Federal Minister of Agriculture, Fisheries, et. al., the Hon. Samal Duggins has signed an agreement with the African Export-Import Bank (Afreximbank) for a Letter of Interest, to support the development of a state-of-the-art port in Saint Kitts that will facilitate African-Caribbean Trade in the region.

It is a US$40 million dollar project to be developed in partnership with the Gemini Integrated Commodities Trading Company, and is proposed to be a Public Private Partnership (PPP) model.

The facility is also intended to address gaps in port capacity and market access, a solution to logistical inefficiencies and unrealized trade potential.

This is Samal Duggins as he comments on the potential of the port and the active agenda to cut the regions food import bill by 25%:

Hon. Samal Duggins.