L-R: Hon. Julian Fraser, Third District Representative and Hon. Myron Walwyn, Minister for Education and Culture
Photo Credit: BVI Platinum News
At least one Minister of government has taken issue with the opposition for taking any sort of credit for the Oil But Bay and Scrub Island developments.
Hon. Myron Walwyn, Education and Culture Minister while recently arguing that the National Democratic Party (NDP) is committed to encouraging inward investment, said it was the Virgin Islands Party (VIP) who said invaders were coming when an NDP government was pushing the two developments between 2004-2007.
"It was the Hon. Fraser´s team that cried the invaders were coming, setting a tone to the international community, that the Virgin Islands was not a welcoming place for outside investors during the period of 2004 - 2007. Despite these efforts, under the leadership of then Chief Minister Smith [Hon. Dr. Orlando Smith], the Virgin Islands was able to secure projects such as the Scrub Island development which held our economy over during the 2008 global financial crisis."
Minister Walwyn added, "Premier Smith has now been steadily working to secure the confidence in private investors to come to the Virgin Islands and invest. His government has also gone about prioritising the needs of the territory and seeking investments according to those needs."
Hon. Julian Fraser, Third District Representative and member of the Opposition VIP, had stated that Premier Smith was wrong to state in his speech on the Territory´s economy that there was no inward investment in the past four years.
"For the Premier to say, "there was very little inward investment during the past four years", is to ignore the construction works at Scrub Island; and Oil Nut Bay, including its affiliate Mega Yacht Facility in North Sound."
Mr. Fraser further argued, "Mention should also be made of the $45 million dollars foreign investment in water production and sewage facilities, $25 million of which was done in the first 12 months of his administration."
He said the VIP government did leave Premier Smith an inheritance cushion of $15.7 million from Caribbean Development Bank (CDB) for infrastructure enhancements, which he seems unable to execute.