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Turks and Caicos Signs Agreement for Amanyara Resort Expansion

Above: the Amanyara Resort in Turks and Caicos

By the Caribbean Journal staff

Turks and Caicos Islands Governor Ric Todd has signed a multi-million-dollar agreement with Caicos Resorts Limited, the owner of the Amanyara resort.

The agreement involves a lease by Caicos Resorts, Ltd of 17 acres of Crown Land for a $3.04 million down payment and annual rental income.

“This new investment in the TCI shows that business growth does not always come from inward investment,” Todd said in a statement. “While business conditions remain challenging here, we are in a much stronger position than many other parts of the world, as the recent publication of the country’s GDP figures showed. I remain confident that we will see further investment here in the TCI in the next few months.”

The land will be the site of an expansion of Amanyara’s villa programme, along with a new spa and tennis centre.

“The increased demand of Amanyara Villas over the past years has inspired us to extend the portfolio further,” said Caicos Resorts’ Michel Neutelings. “We are happy to also boost the profile of Turks and Caicos and create a significant number of jobs for the local economy with this expansion.”

The lease is for a term of 999 years.

Hon.Governor Wetherell on the day of signing DA of Joe Grant together with Michel Neutelings,Director of Joe Grant companies and Deputy AG

7nov2008- Joe Grant Cay Development Agreement

JOE GRANT CAY – Development agreement final execution 071108

I have no info,where now Hon.Governor Wetherell is living.He is most possible enjoying the immunity for his doings in Turks and Caicos Islands and most probably ,he is aware which lives he already destroyed through his doings,when he was Governor in Turks and Caicos Islands.

I can only hope,that he is reading this article too

During his years he was only seen,when he was in TCI TV’s.He was never feeling as a part of TCI community .

TCI People will never forget him,because he brought TCI in the most difficult times of the history.

TCI is still after 3 years looking to go back in democracy .

He is responsible for economical disaster in the history of TCI too.

In compare to Hon.Wetherell ,Hon.Governor Todd is pushing back the business in TCI and trying to support every new investor,coming in the country to start with the projects again,which were held during time of Wetherell.

Hon.Governor Wetherell acted unlawful and unfair in the case of Cem Kinay.The courts in Tci already decided this in June 2009.He published unlawful the Commission of Inquiry Report in July 2009 and caused through the allegations the halt of the project.

The same Hon.Wetherell approved and signed the Development Agreement of Joe Grant in November 2008!!

Now I will be accused for possible bribe to Premier Misick for an agreement which has been signed and approved by Hon.Wetherell.

Very strange story.

I invited Hon.Gov.Todd to publish all DA ‘s in TCI in the last 20 years.He can still do it.

I am now publishing the DA of Joe Grant approved and signed by Governor Wetherell in November 2008.

God bless

Dr.Cem Kinay

one of the victims of Hon.Gov.Wetherell