Hon. Allen Chastanet said that valuable linkages were formed.
Prime Minister of Saint Lucia, Hon. Allen M. Chastanet, said he is confident that the track record of Desert Star Holdings (DSH) along with other equine investments is above board and in good standing.
Mr. Chastanet journeyed to the People’s Republic of China at the invitation of investor and Chairman of Desert Star Holdings Limited, Teo Ah Khing. Mr. Ah Khing has applied to establish a multi-billion dollar resort development in Saint Lucia.
The Prime Minister said his host has proven to be very transparent.
“Mr. Ah Khing and his team have opened themselves up to scrutiny and transparency. They welcome it and they understand that given the magnitude of the project they are proposing, questions must be asked. Beyond that, they have invited me to every event and function that could possibly give the island extensive exposure. As Prime Minister, I believe that valuable linkages were formed and should redound to some good opportunities for our economy.”
One such event was the 2016 China Equine Cultural Festival (CECF) which is a premier lifestyle and thoroughbred racing festival in mainland China. The event draws together captains of industry, leaders, and international representatives of thoroughbred centres as well as the global media.
Next, the Prime Minister heads to Taiwan to join the Minister in the Ministry of External Affairs, Hon. Sarah Flood-Beaubrun, for a number of meetings with Taiwan government officials.
The final leg of the Prime Minister’s trip will conclude in Canada, where he is expected to hold talks with potential investors.
While in Canada, the Prime Minister will take four days of personal leave in order to settle his daughter into her new school year.
The Prime Minister was accompanied by Minister in the Ministry of External Affairs, Hon. Sarah Flood Beaubrun, and Chairman of Invest Saint Lucia, Mr. Pinkley Francis. In his absence Hon. Dr. Gale T. C. Rigobert will act as Prime Minister.