News
Final phase of Fish Bay road works begin; Road closed
FISH BAY, Tortola, VI- The final phase of works on the Fish Bay Road Rehabilitation Project is underway as the Government of Virgin Islands (VI) moves to mitigate flooding in the area.
BVIEC receives $600K CDB technical assistance grant
LONG BUSH, Tortola, VI - The BVI Electricity Corporation (BVIEC) has successfully secured a Technical Assistance (TA) grant funding from the Caribbean Development Bank (CDB) to the tune of US $600,000 from a wider CAD $5M (UD $3.93) pool.
Territory's first satellite emergency centre installed @ East End/Long Look Fire Station
EAST END, Tortola, VI- The East End/Long Look Fire Station has been reopened for some months now; however, the Rotary Club of Tortola did the final touches on the facility last weekend, which paved the way for the Department of Disaster Management (DDM) to install emergency satellite equipment.
Business school to be launched in March - Premier Fahie
FISH BAY, Tortola, VI- In keeping with the Virgin Islands Party (VIP)-led administration’s aim to create 1000 jobs in 1000 days, Premier and Minister of Finance Honourable Andrew A. Fahie (R1) said persons desirous of becoming business owners would have an educational facility for that purpose shortly.
New CDB backed revolving fund created for young entrepreneurs
BAUGHERS BAY, Tortola, VI - Young entrepreneurs in the Virgin Islands (VI) will soon be able to access special business financing from the Caribbean Development Bank (CDB) through the National Bank of the Virgin Islands as part of a new revolving fund to boost local entrepreneurship.
'VI needs greater access to funds to successfully recover'- Premier Smith
ROAD TOWN, Tortola, VI- “My meetings in Washington DC were positive and secured confirmations from partners such as the CDB and the EU to support finding responsible ways to fund our recovery,” stated Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) on October 19, 2017.
Few local contractors may qualify for Parham Town Rd. Project- Consultant
EAST END, Tortola, VI - Consultant with FDL Consult Inc., Mr Gilbert Fontenard said he sees some aspects of the procedures of the Caribbean Development Bank (CDB) funded Parham Town rehabilitation project as possible "bone of contention" going forward. He is the consultant hired for the project.
Infrastructure rehabilitation gets underway in Jost Van Dyke
ROAD TOWN, Tortola, VI– Construction work to improve the road network on Jost Van Dyke began on October 4, 2012 as part of the Government of the Virgin Islands’ and Caribbean Development Bank’s (CBD) Infrastructure Rehabilitation Loan Project.
Hon. Alvin Christopher: “No works going on in my district”!
ROAD TOWN, Tortola, VI – Second district representative and Virgin Islands Party Opposition member Hon. J. Alvin Christopher has addressed concerns about the slow pace of implementation for projects in his district, suggesting that Government, after only nine months in office, may only now be finding their feet.
CDB lauded for assistance in Rehab Project!
ROAD TOWN, Tortola, VI – Premier Hon. Dr. D. Orlando Smith in his remarks at the launching of the Infrastructure Rehabilitation Project, yesterday, July 30, 2012, praised the CDB for their assistance which he noted would be used “as a catalyst for innovation in the construction sector here in the Virgin Islands (VI)”.
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