Big news for St. Croix today! Governor DeJongh announced a wonderful landmark public-private initiative with Diageo (the world’s leading spirits, wine and beer company) for the construction and operation of a high capacity distillery on the island of St. Croix. This new facility will be very high tech and environmentally sound - and is slated to be completed in 2011. Beginning in 2012, this distillery, which will have the capacity to distill up to 20 million proof gallons per year, will supply all bulk rum used to make Captain Morgan branded products for the US.
Needless to say, this will provide a major economic stimulus for the entire Territory of the U.S. Virgin Islands. Not only will it bring jobs, but Dejongh says it will also bring "a tremendous future stream of revenue and long-term source of funds that will go far towards solving many of the challenges we face as a Territory.”
The development of the new Diageo rum distillery will diversify the Virgin Islands rum industry, which enjoys an existing relationship with primary rum producer, Cruzan VIRIL.
Governor deJongh described the public private partnership with Diageo as “a real success story, one that we can all be proud of as Virgin Islanders.” He continued, “That we have attracted such a vast and successful multi-national corporation to our shores can only serve as a signal that we are beginning to work together to build the Virgin Islands of prosperity and opportunity.”
I am SO proud of this administration and have nothing but praise, respect and admiration for Governor Dejongh and delegate Donna Christensen. They have worked tirelessly to help these amazing Virgin Islands and this is a major accomplishment!
GET YOUR VI REAL ESTATE NOW because we are on the road to greatness! What an even more wonderful place this is going to be five years from now!
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Contributor's Note
Visit my web site for resources on retiring in St. Croix: www.retireinthevi.com and contact me for information on real estate opportunities. I'm sold on the investment potential of St. Croix! Kim Lucas, Realtor kim@coldwellbankervi.com www.kimlucasvi.com 340-626-3758
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