Prime Minister Asserts Sale of Christophe Harbour to Safe Harbor Marinas Will Benefit All Citizens

The government of St. Kitts has finalized the sale of Christophe Harbour to Safe Harbor Marinas, LLC, marking a significant development for the nation’s Southeast Peninsula and its broader economic landscape. This transaction signifies a new era for Christophe Harbour, with substantial investments planned for expanding marina infrastructure and modernizing facilities. The acquisition by Safe Harbor Marinas, the world’s largest boating network, brings considerable expertise and resources to the table, promising to elevate Christophe Harbour to a world-class destination for yachting and luxury tourism.

A central aspect of this transaction is its financial impact, with nearly EC $25 million in direct payments earmarked for key public institutions. This infusion of funds will bolster various sectors, contributing to the government’s broader development agenda. Prime Minister Hon. Dr. Terrance Drew, also the Minister of Finance, highlighted the alignment of this sale with the government’s Sustainable Island State Agenda, underscoring the commitment to responsible economic growth and long-term prosperity. The emphasis on transparency and good governance throughout the sale process underscores the government’s dedication to ethical practices and ensuring public accountability.

The transformation of Christophe Harbour under Safe Harbor Marinas’ management will significantly enhance the marina’s capacity and amenities. Post-renovation, the marina is projected to accommodate up to 32 mega yachts, each averaging 60 meters in length, catering to the growing demand for high-end yachting facilities in the Caribbean. The construction of a desalination plant by November 2025 further demonstrates a commitment to sustainability and self-sufficiency, ensuring a reliable supply of fresh water for the marina’s operations. These improvements position Christophe Harbour to attract a discerning clientele, boosting tourism and generating significant economic activity.

The sale of Christophe Harbour to Safe Harbor Marinas is more than just a business transaction; it represents a strategic move to unlock the full potential of the Southeast Peninsula. By leveraging Safe Harbor’s global network and expertise, St. Kitts aims to position itself as a premier yachting destination, attracting high-net-worth individuals and fostering economic growth. The investment in infrastructure, coupled with the focus on sustainability, demonstrates a long-term vision for Christophe Harbour, ensuring its viability and appeal for years to come. This development will further enhance St. Kitts’ reputation as a desirable location for tourism and investment.

Beyond the immediate financial benefits and infrastructure upgrades, the sale of Christophe Harbour has broader implications for the local community and the nation as a whole. The anticipated increase in tourism will generate employment opportunities, stimulating the local economy and providing livelihoods for residents. The development of Christophe Harbour will also contribute to the overall enhancement of the Southeast Peninsula, making it a more attractive and vibrant destination. The government’s commitment to reinvesting the proceeds from the sale in key public institutions reinforces the dedication to improving public services and promoting sustainable development across the island.

The sale of Christophe Harbour to Safe Harbor Marinas represents a significant milestone in St. Kitts’ economic development journey. It underscores the government’s commitment to strategic partnerships, sustainable growth, and transparent governance. The influx of investment, coupled with the expertise of Safe Harbor Marinas, promises to transform Christophe Harbour into a world-class yachting destination, generating substantial economic benefits and enhancing St. Kitts’ reputation as a premier tourist destination in the Caribbean. The focus on infrastructure development, sustainability, and community benefit ensures that this transaction will have a positive and lasting impact on the nation’s future.