Board Members Appointed For Prospect Reef Resort

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Clifton Skleton/BVI Platinum News

(PLTM) - Board members have been appointed to serve the hurricane-ravaged Prospect Reef Resort Hotel.

The decision was made during a Cabinet meeting held at the Financial Services Commission's Conference Room on May 28 with all members present except Minister for Transportation, Works and Utilities Hon. Kye Rymer, who was away on personal leave.

It said Cabinet agreed that Mrs. Tamara Maduro will serve as the Chairman, Mrs. Kenisha Sprauve as the Director, Permanent Secretary in the Premier's Office or Representative as an ex-officio member and the Financial Secretary or Representative as another ex-officio member.

Furthermore, it listed Mr. Nathaniel Isaac as the Executive Director and Managing Director, Ms. Trisha Evans as a Director, and informed that the Premier's Office will instruct the Attorney General's Chambers to draft the Instruments of appointment for signature.

This new Prospect Reef Management Company Board will serve for a period of two years, with effect from June 1, 2021.

The statement said that the decision was made in accordance with section 5(2) of the Prospect Reef Resort Management Act, 2005.

Since the 2017 hurricanes battered the territory, the resort has been in a state of disrepair and was never renovated.

The Government of the British Virgin Islands purchased the property and had major plans to redevelop it. As a matter of fact, the previous NDP government had inked an agreement for some $90 million with ICA (BVI) Group Corp in July 2017 to do just that, but that deal never materialized.

This current regime is now seeking new investors for the facility.

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