Open for Business – Barbados Development Plan

The following note was received from the civic minded Peter Lawrence Thompson with the link to a 122 page Barbados Development Plan pitched to potential investors to transform and modernize Barbados while maintaining those things that make it special. Given the robust discussion about Hyatt Hotel, Blue Horizon and other development initiatives across, the document serves as a good resource.

Many have asked to see the official development plan that provides the context for the proposed Hyatt branded development on Bay Street. The linked document is from Barbados Tourism Investment Inc., not from the planning office, but it clearly has the PM’s endorsement so I believe we can treat it as an official plan for Bridgetown development.

Relevant Link

Barbados Development Plan

222 comments

  • All Wily sees is a lot of optimistic pie in the sky pictures, not much substantive information or long term plan. Looks like SAME OLD SAME OLD, political propaganda.

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  • The article which appeared in the newspaper with photos is visually very appealing on the eye. Having said that, it appears to be business as usual. There seems to be tunnel-vision on behalf of the elite. Everything points to tourism and there seems to be no effort to diversify the economic development plan of this country. No one seems to have remember 2008 and the economic whirlwind that followed which caused melt down of economies around the world. It seems to be a case where the elite appear to be bereft of ideas, similar to Owen Arthur’s now famous saying, that the only thing for Barbados to do, was sell more land. He showed that he was bereft of ideas. This lack of ideas seem to be pervasive among the ruling classes of this country.

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  • Robert…that is all they know…being DEPENDENT on useless tourists, they have no clue how to diversify and always leave the majority population out of everything, always some scheme or scam to fill their pockets and leave the population to struggle..

    Anyway, what should have been done over 60 years ago regarding connecting to the Continent, is now a mad rush to implement….but ya still gotta watch known thieves and crooks who never have the best interest of the Black majority as numero uno…stinking Palace Negro habits are hard to die…bet you there is a whole lot more to this than meets the eye. Bajans have to be very, very vigilant..

    “The cooperation agreement is set to get into gear as soon as next month, when the Governor of the Central Bank of Kenya is to travel to Barbados, along with officials of the Securities Exchange Commission, to finalise cooperation and regulation details to allow Kenyan banks to invest in Barbados through commercial services and correspondent banking.

    The Principal of the University of the West Indies at Cave Hill, Most Honourable Eudine Barriteau and a team from the university are expected in Kenya early in the new year to complete arrangements with the University of Nairobi and Kenyatta University to allow UWI student doctors to intern there, while medical students from Kenya would complete their training at the Queen Elizabeth Hospital, the UWI’s teaching hospital here.

    The universities are also to finalise arrangements in business studies, while officials are to work on plans for exchanges between primary and secondary schools.

    The leaders also promised speedy progress of creating air and sea links between East Africa and the Caribbean, mechanisms to streamline tax systems for companies doing business in the two jurisdictions, and a new draft MOU on trade and investment.”

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  • The house negros would not have been caught dead doing any of that with Africa before 2019, but now THEY HAVE NO CHOICE…the Barbados government scam is sinking too fast…gotta get this right the first time….and once it is not immersed in the usual BLP corruption of involving criminal minority thieves in everything, instead of the majority population who pay for everything……it should work out just fine..

    let me see if she got the damn nerve to involve dirty bizzy, cow, bjerkham, maloney et al …the ones they gave contract to in 2005 to build prisons for Black Bajans…let’s see if she involves those scum in any of this…the house negro intent is always to make racists and thieves feel comfortable and with access to Black people’s money

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  • Look at their nasty characters, all the politicians in Barbados have nasty characters, most of the lawyers in Barbados have nasty characters, do not allow that type of lowlife in the parliament..ever again..

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  • And if Mia thinks everyone is going to sit quetly while she sets up an African banking system in Barbados and don’t think we will WARN THE AFRICANS….that it is all the usual dirty house negro plan to install the evil likes of tiefing, racist bizzy, bjerkham et al as directors to see who got what in their bank accounts…TO TIEF IT FROM BLACK PEOPLE….because that is all they do…ROB THE BLACK POPULATION…..

    And the Africans would not know unless told that the house negros would set them up to be robbed, anything to make racists thieves happy..it has been a pattern for over 70 years, an evil pact that will not be broken overnight…BUT NEEDS TO BE DESTROYED right along with all the scum who practice these crimes against the black majority…

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  • @Dr. Lucas

    Your concern is valid, we have to diversify which is easier said than done. What can we come up with to replace tourism and give us the same numbers to move the economic indicators. That said this is a BTMI plan and not a national plan from the looks of it.

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  • The government has to be applauded for exploring non traditional pathways with Africa for development. We hope for the sake of the country we are able to do so with positive affect.

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  • The “good news” should be TEMPERED WITH THE REALITY…that many, many Bajans are SUFFERING so shitehounds can boast about a 6% credit rating rise….it is very little comfort for those WHO CANNOT EAT…

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  • “Your concern is valid, we have to diversify which is easier said than done.”

    why is it so hard for Barbados when others have diversifed for decades and WITH THEIR EYES CLOSED…why are bajan leaders so uneducated about diversifying…

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  • Caswell saying that 17mths after the tax levy was implemented
    The opposition is now seeing the bill for the first time
    A govt that has used a 30- 0 mandate to become a dictator
    Not surprsing that Mia would find it easy to lay up.in bed with corrupt african leaders and dictators
    Instead of David patting Mia on the backside David should focusing the spotlight on these new found African leaders that Mia is welcoming with open arms
    One day coming soon these quiet and peaceful small island nations would be replicas of these quiet small african nations ruled by dictators
    The writing is on the wall for all to see
    Mia is getting schooled in Africa on how to talk the big talk and ruled with an AFrican fist
    All this talk about agreements with Africa contains mega loans which are being kept secret away from the probing eyes of the people
    Nothing would be told until the deals are done and barbadians have to foot the bills
    Caswell voice yesterday in Parliament tells the true story which speaks of a govt who would do anything necessary under the veil of smoke and mirrors to deceive the people

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  • The upgrade is a step in the right direction, FDI is a key factor in the performance of the Barbados economy. Investors will not part with funds unless credit rating agencies validate the performance of the economy.

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  • The BU header symbolizes we are a country open to possibilities and opportunities

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  • You are open to possiblities and opportunites…that BENEFIT THE MAJORITY POPULATION …who always pay for everything…..not to benefit racist thieves and criminals in the minority community…a crime against the black majority that has been HAPPENING FOR DECADES and that is why the distribution of wealth has been allocated to this toxic dangerous thieving tiny gang of racists by both wicked Palace Negros from DBLP… …and the Black population has been left with NOTHING….as usual…

    …i bet Mia neglected to mention that to both Kenya and Ghana…i bet she did not…

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  • Look at that David up.bright and early to talk about upgrade
    But what does it matter at present for the people who have no jobs and household going to bed on hungry bellies
    David u can spin this upgrade in as many turns as it pleases u and Mia
    But their is a downside to this “upgrade” a side which u would rather ignore
    A side that speaks to humanity
    A side that is rooted in pain and suffering for Barbadians
    A side that is asking “what about us”
    In all respect an upgrade to where and for what purpose
    The future is now and people can no longer hold on to a basket of empty promises
    In the meanwhile an upgrade for the debt collectors while the poor continues to suffer the raging pangs of austerity measures to suffice a few
    All which will end in more tears

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  • For those who cannot see…if Africa is not WARNED ABOUT Mia and her gang of thieves and criminals and they rob the Continent, see how well that plays out when you want to visit Africa with a Barbados passport.

    Mia cannot be allowed to get away with pushing her racist thieves to the front again to steal from Black people again ….or to STEAL FROM AFRICA..

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  • Just bear in mind…that leopards CANNOT change their spots and neither can Palace Negros.

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  • 6 notches is a big jump!

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  • That artist’s impression of a future Bridgetown with its high-rise tourism focus skyline is really a sight for sore eyes of charming small-island natives.

    The question is: Would there be people living in some of those high-rise buildings or would those penthouses be catering for a mass tourism market and upscale shopping boutiques of a retro bygone age?

    Where are the people needed to service this arcadia of a modern-day plantation of concrete going to be living if not on the lovely airbrush beaches of paradise which Mother Nature would be creating with her magic wand marked ‘Climate Change’?

    Does this majestic plan of urban transformation require the bulldozing of the growing rows of ghettoes which Hal Austin- in one of his sane and insightful contributions- has been promoting for donkey (y)ears for the policymakers to hear?

    Are you going to see visual art of a highly-paid consultant transform to physical and economic reality through the (re)gentrification of the Main to that that of Petticoat Lane leading to the Admiral Nelson Boulevard and Broad Street to Pall Mall of India and the Orleans to New Amsterdam?

    Would this mega project of urban regeneration attract FDI given the country’s phoenix-like credit rating performance or would the local class of Shylocks step up to the investment plate of patriotism and put their ‘foreign-stashed’ money where it is most needed?

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  • @Miller

    A chicken and egg question?

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  • A good link if you wanted to follow the trajectory of our ratings over time.

    https://tradingeconomics.com/barbados/rating

    A second good link. It shows this new information of our ratings was out there from Nov 19. Surprised it took a month before I saw it mentioned here. Was it mentioned earlier?

    https://www.spglobal.com/marketintelligence/en/news-insights/trending/rohfggzqokjgc8mql8litg2

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  • It’s obvious that Barbados has worn out and/or abused thier financial support from CHINA, now have to turn to corrupt AFRICAN states for support. Country is trending down an extremely dangerous path, agrivate the USA/EU and one can expect severe retalations.

    Similar to all other politician knee jerk changes, not thought through and evaluated.

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  • We already have fleas and rats in Parliament Now barbados PM is on a hunt to catch more

    Kenya’s competitiveness is held back by high corruption levels that penetrate every sector of the economy. A weak judicial system and frequent demands for bribes by public officials lead to increased business costs for foreign investors. Widespread tax evasion hinders Kenya’s long-term economic growth, and fraud in public procurement is rampant. Corruption, active and passive bribery, abuse of office and bribing a foreign public official are criminalized under the Anti-Corruption and Economic Crimes Act 2003, in addition to the Bribery Act of 2016 which strengthens the fight against the supply-side of corruption. Facilitation payments are criminalized and there are rules for what types of gifts public officials are allowed to accept. Adequate enforcement of Kenya’s anti-corruption framework is an issue as a result of weak and corrupt public institutions

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  • That is the only thing that attracts Barbados’ parliament rats..those they perceive as MORE CORRUPT THAN THEMSELVES….they never hesitate to jump in when that’s the case. Easier to steal and rob…wuh if they were boldfacedly and in the glare of cameras setting up Diasporans whom they spent DECADES VICTIMIZING…wuh ya think any of these savages are squeamish about setting up Africans, wuh they never even considered themselves Black let alone Africans before and had no problem hunting down Africans who wandered into Barbados like animals..

    They had no problem robbing the very people who elected them and for decades.

    As far as i am concerned in their usual toxic style they are only looking for a nesting ground for their minority racists and thieves since they have ALL STOLEN EVERYTHING OUT OF BARBADOS …there is nothing left. It’s all sitting in their offshore accounts and they refuse to bring back a dime to help the people and island. So Africa is now the perfect target with limitless resources WATCH THOSE THIEVES.

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  • Nuff sweet talk from Mia. This is a marriage of the elites for the elites.

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  • This is what Barbados government ministers need, they think this is some goddamn joke….they think they are untouchable them and their useless yardfowls..

    https://caribbeannewsservice.com/now/us-revokes-diplomatic-visa-for-ann-marie-vaz-application-for-b1-b2-rejected/?fbclid=IwAR2GOQrGfoomUgQHM75cKQ2-8nYXEnbefgGSKbohtHLr8qlwQSF-2wvWJ6A

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  • Should this folly of a development plan succeed. You will witness an exponential rise in the cost of living for Barbadians. The island will become too expensive to live on for the majority of her citizens.

    This master plan is purely a cosmetic plan to radically alter the demographics of the west and south coast. This government is determined to have its way.

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  • Shades of Barbados

    Civil Society
    Kenya’s Constitution guarantees freedoms of press and expression (HRR 2016). In practice, the government does not completely respect these rights; journalists are facing increasing pressure from authorities and new laws that challenge their ability to report freely (FotP 2016). Self-censorship is on the rise and journalists experience harassment from authorities that try to prevent critical work from being published (FitW 2016). However, a variety of views and critical reporting is published by the country’s private media outlets (FotP 2016). The Information and Communication Act provides for excessive government control of Kenya’s media and allows the government-controlled board to impose fines on media houses and reporters for violations of a code of conduct created by the board (FitW 2016). One blogger was arrested in Eastern Kenya under the Act for “causing public anxiety” after reporting on corruption in the region (FotP 2016). Kenya’s media environment is considered ‘partly free’ (FotP 2016).

    Freedoms of association and assembly are provided by the Constitution. Parliament generally welcomes the expertise of civil society organizations (CSOs), but decision-makers in government generally ignore civil society (BTI 2016). The influence of CSOs has gradually decreased over the past decade (BTI 2016). In the past few years, the government has attempted a (thus far largely unsuccessful) crackdown on civil society. Particularly in times of high political tension, Kenyan civil society tends to operate according to lines of ethnic interests (BTI 2016

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  • @ David December 12, 2019 8:08 AM
    “A chicken and egg question?”
    ++++++++++++++++++++++++++++++++++++++++++++

    Which do you think should come first? A proper fowl of a Sewerage Plant or a foul-smelling addle egg circulating the skyscraper pens?

    The IMF will not be diverting any future taxpayers’ funds away from debt financing to any wet dreams of urban resuscitation.

    It is the new controllers of commerce (the East Indian business community) who will be remaking Bridgetown into their own image; not any BTII or Massy Holdings.

    They have taken the financial eggs laid by the ‘short-sighted’ black Bajan chickens to make massive omelettes of real estate.

    While back Bajans are ‘investing’ in mechanical donkeys East Indians are buying real property.

    Now who do you think would be the new controllers in any renewed Bridgetown and who would continue to be the hewers of ‘blackened’ wood and kaffirs of water?

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  • Pick-a-noism and egofowlism exemplified thus far in the comments. Last week there was no plan for Bridgetown, before that the debt restructure was going to end in tears. Funny how one is saying the Opposition only saw the Tourism Levy Bill for the first time this week though it was laid since 2018 and amended and passed in the lower house in July 2019. Same pick-a-noisette claims Ghanaian nurses will be hard to understand, as if some English speakers abroad don’t also find some Bajan and other West Indians difficult to understand. The official language of Ghana is English too. Another is saying the Africans need to be made aware of corrupt Bajans while another screams Mia looking to get in bed with the corrupt Africans. Land de garbage trucks now and some contributors to BU gine disappear–burial or cremation.🤣🤣🤣🤣

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  • @ Hal, this project has all the hallmarks of Canary Wharf in London. Where you ring fence an area; evict the locals; and then proceed to build a series of Towers of Babel whose main functions are to exclude the working class masses.

    Mia is telling the majority population that they no longer have a future in an up and coming Barbados.

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  • @Miller

    We have to nurture confidence to entice investors in the short and medium term, it will not happen because we say so. The Moody’s report is a good news story and should be taken as a little step in the right direction. It is certainly better than pre 2008 when all a tired public was hearing was downgrade downgrade.

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  • Vincent Codrington

    “For where a man’s treasure is,there is his heart.” So this is Economic Transformation 2019? For whose benefit?

    David how does Moody’s upgrade translate to the well- being of Barbadians? Did not the triple A upgrades of leading companies translate to triple Z during the last Economic Recession when the majority ended belly-up?

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  • Vincent Codrington

    @ David BU

    Foreign Direct Investors do their own internal due diligence. History you said is important. What does recent history suggest to you if you were a foreign investor?

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  • @ David December 12, 2019 11:02 AM

    We agree that since the government is unable to access funds to carryout such mega projects of imaginary ROI expectations then private sector investor confidence is key to any construction of a corridor of hotels and the economic salvation of the country’s capital.

    However, it will not grow if it appears the electorate has swapped one set of yellow con men and blue-blooded scammers for another set of liars dressed in red.

    Where are those dozens of investors who were queuing outside of the office of the MoF to get a piece of the action to underwrite the myriad projects in the pipeline? Where have they disappeared to or have they simply changed colour(s)?

    Why don’t you make enquiry about the duty-free Mercedes driven by a non-existent sales director of a hotel whose design (far less construction) has not yet been finalized far less approved?

    Why must the people (and businesses) in Bridgetown have to be confronted daily with a military-type invasion of brown rats because of the lack of resources to retaliate to maintain the minimum level of public sanitation and hygiene while the Treasury is deprived of much needed revenue?

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  • @Miller

    Point to the leaders in waiting please!

    @Northern Observer

    The OCES bloc appears to have a plan. There is the consolidation of the banking sector with RBC sold to a consortium.

    Liked by 1 person

  • ‘RBC sold to a consortium’….so I heard Tuesday. The precursor was them closing a bunch of branches, so the stain of that would be on their hands and not that of the new owners. BNS also sold the VI biz to Republic for a lot more money than prior deals.

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  • @Vincent

    The last comments attach to your question. The North Americans are jumping ship because the region is seen as high risk, high cost and high penetration.

    Some investors will sniff the risk and get a different smell. It is important for the indicators from the rating agencies head north.

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  • @VC
    “What does recent history suggest to you if you were a foreign investor?”
    Any one eyed man is king in a blind man land.

    PS…did you read Afra Raymond’s piece? Bim is being help up as a model of financial governance, because Needham’s has a 2015 Annual report, while the T&T public owned properties have NONE !!!!

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  • @Norrhern Observer

    Note TnT has FOIA too.

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  • Pictures look similar to the ones Arthur presented around 20 years ago when it was called I believed The Pierhead Redevelopment Project. Lol

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  • Mr. Raymond might argue the freedom isn’t so free. But like buggery here, the Act is on the books.

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  • Yes, the devil is always in the detail.

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  • @ David December 12, 2019 12:28 PM

    What does that say about the ‘reality’ of attracting FDI to build out the wishing-and-hoping hotel corridor?

    Whom are these hotels being built to attract? Chinese and Africans?

    Even the black North American infected with the travel bug is not ‘readily drawn’ to the Caribbean and is finding his ancestral roots more of a tourism magnate (cultural tourism) than the traditional Bajan fare of sea, sand, sun, rum and wuk-up fun.

    If not North American investors, who then?

    Ghanians with their recent large loss of foreign income from their underdeveloped crude oil sector?

    How about the BTMI start thinking outside its closet of intellectual confinement and start to market Barbados as a destination for LGBT ‘Q cruises’?

    You might be surprised at the turnout of who is who in North American celebrity circles.

    Who is going to fill the gender-neutral beds in the Hyatt Ziva and those of her competitors?

    Now that you have a more ‘liberally-bent’ person at the helm of the ship of state we are sure Rihanna wouldn’t mind giving you a helping hand in such a bold and imaginative concept to go where previous administrations cowardly refused to go.

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  • @TLNS

    I will reserve my views on the plan until I have read all 122 pages. But, from a casual read through, it has the hallmarks of Canary Wharf. Remember when Canary Wharf was first built by the Reuben brothers it fell it in to financial problems and was for a time a white elephant. Then it was rescued.
    Then we had the issue of where was the UK’s financial centre; was it the City of Canary Wharf. That is still unresolved. Now the Chinese have moved in East of Canary Wharf and in the City (Fenchurch Street) where they have applied for planning permission to develop both East Canary Wharf and the City as financial and entertainment centre.
    Toa certain extents, the Chinese are moving back to that part of East London we used to call China Town, before it moved to the West End.
    Has he Barbados Development Plan been debated in parliament? Which government department is officially responsible for it progress?
    It is full of a lot of hyperbole, such as the majestic Carlisle Bay and nonsense about rooms and suites. But, as an outline plan, we must wait for further details. Have you noticed the Pierhead Strategic Reinvestment Area has a proposal for a 25 storey building (Pierhead Tower) and another for up to 18 storeys (Bay Street Gateway Tower), which is planned for private ownership. Then there is the 15 storey Hyatt proposal. Then two more towers in Hincks Street.
    It is important to note that it appears most of the rooms/units in this fantasy plan are meant to be commercial and if so, it will repeat the Canary Wharf/City conflict; the new proposals will make the administrative centre at Warrens redundant. Will government be renting any of these offices? Have you noticed t hat there is no mention of the Nelson Street and surrounding areas, ie the residential areas? This is no oversight, it is deliberate.
    There must be a proper discussion since this development, if it gets the go-ahead, will transform the city of Bridgetown for a century.

    Liked by 1 person

  • peterlawrencethompson

    @David December 12, 2019 7:41 AM
    “6 notches is a big jump!”
    ++++++++++++++++
    To call this a 6 notch jump is smoke and mirrors. It is a tiny forward step for which the BLP administration deserves credit (no pun intended).

    Look at the history of the Barbados credit rating with S&P below. The last rating under the disastrous DLP regime was CCC+ in March 2017. The step from CCC+ to B- is only ONE notch.

    It is disingenuous to call it a six notch jump when it was the BLP decision to go DOWN 5 notches by declaring selective default in June 2018. Don’t get me wrong… selective default was the correct decision, but don’t fall for the spin.

    So we have recovered to the credit rating of September 2016… this is no big deal… in September 2016 we were in deep shit and we are still in deep shit now. In the words of S&P we face “major ongoing uncertainties or exposure to adverse business, financial, or economic conditions that could lead to the obligor’s inadequate capacity to meet its financial commitments on the obligation.”

       Rating   Outlook     Date
    

    S&P B- stable Dec 11 2019
    S&P SD n/a Jun 06 2018
    S&P CCC+ negative Mar 03 2017
    S&P B- negative Sep 23 2016
    S&P B negative Dec 19 2014
    S&P BB- negative Nov 20 2013
    S&P BB+ negative Jul 18 2013
    S&P BB+ stable Jul 17 2012
    S&P BBB- negative Nov 21 2011
    S&P BBB- stable Oct 22 2010
    S&P BBB negative Nov 13 2009
    S&P BBB stable Jun 10 2009
    S&P BBB+ negative Apr 08 2009
    S&P BBB+ stable Jul 26 2006
    S&P BBB+ negative Jul 29 2005
    S&P BBB+ stable Aug 05 2004
    S&P A- negative Aug 20 2003
    S&P A- stable Dec 17 1999

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  • Vincent Codrington

    @ NO at 12 :29 PM

    The one- eyed man becomes king only if a one- eyed king is acceptable. Please note that the Hilton arrangement was conceived in the mid 1960s and retains ownership for Barbadians.
    Its profitability is another issue.

    @ John A , what is the ROI to the GoB investment in the Hilton Hotel?
    Should we not have had a Hilton up- to- date financials for the year 2018? What is the excuse?
    @ NO

    Each capital investment should be preceded by a project evaluation which would include an analysis of the economy in which it is located.

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  • @MTA
    never worry about Ms Fenty….with her marketing/strategy team assembled, the Hyatt Fenty or the Ritz Ri Ri, maybe closer than one thinks. But the islands will not be the focus, the dollars are elsewhere. She/they have an excellent olfactory sense for money.

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  • peterlawrencethompson

    @Hal
    I’m in broad agreement with your analysis of the BTI planning document. It has not been debated in Parliament as it surely should be (have been).

    Liked by 1 person

  • @ John A December 12, 2019 12:39 PM
    “Pictures look similar to the ones Arthur presented around 20 years ago when it was called I believed The Pierhead Redevelopment Project. Lol..”
    ++++++++++++++++++++++++++++++++++++++++++++++++++

    Good one there, John A! A nice way to jog the memory in order to put this new plan into its revised pictorial perspective.

    Why not dust off the dirt of 20 years electronic paint and pass it off as a recent birth of creative imagination?

    Whose’ red’ leaning consultancy services is the BTII going to engage to promote this second hand new plan for Bridgetown to prove there is nothing new under the Bajan Duopoly sun?

    Last time around the Quisling Boyce made his fortune. Who would it be this time around if not some friend of a red friend with an Oblong head?

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  • Vincent Codrington

    @ PLT at 1:12 PM

    Well said. We have a duty not to mislead,unintentionally.

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  • “Another is saying the Africans need to be made aware of corrupt Bajans while another screams Mia looking to get in bed with the corrupt Africans”

    so why alyuh don’t want the Africans to know how corrupt alyuh ARE …and that they are NO MATCH for alyuh when it comes to being corrupt…not only that…they must also be made aware that alyuh…the Palace Negros are OWNED BY a tiny gang of RACIST THIEVES, the descendants of INDENTURED SERVANTS who have been robbing Black Bajans for DECADES…even those in the Diaspora…with alyuh help AND for your CUT….no Black person is safe from you criminals……in case alyuh pretending not to notice..Africans are BLACK PEOPLE like alyuh pretentious dangerous selves…who to this day don’t believe ya are Black let alone African….because you were nurtured and socilaized that way by the same criminal racist thieves to act like that and alyuh like it so much… that is all you do…

    .so why did Mia not mention any of that in Kenya and Ghana…what’s the big secret…what are alyuh hiding and WHY??

    why don’t you think Africa should know….too bad…THEY KNOW NOW…

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  • “The island will become too expensive to live on for the majority of her citizens.”

    that’s the plan, your leaders are evil and dangerous and only take directions from their equally evil minority masters.

    Liked by 1 person

  • @PLT
    “The step from CCC+ to B- is only ONE notch.” excellent point, well documented.

    Liked by 1 person

  • @Peter

    Point taken.

    Liked by 1 person

  • @HA
    who built Canary Wharf….Reuben Bros or the Reichmann Bros?

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  • @ PLT

    There is a lot wrong with this fantasy of a proposal. If as it appears the BTMI is the lead agency, is that legal? Can this unelected body have responsibility for the development for a large part of the City?
    Where is the DLP? Where are our academics? Has there been an economic assessment study? Every time I talk about developing Weymouth the loudmouths ask where is the money going to come from. May I ask the same question about this proposal?
    I do not want to call this voodoo because voodoo is a great Haitian belief system.

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  • @VC
    “The one- eyed man becomes king only if a one- eyed king is acceptable.”
    You realise you would have made an excellent politician?

    Liked by 1 person

  • Did you peruse the document? It was and no doubt continues to be pitched to investors.

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  • @ Northern Observer

    I stand corrected. Of course, the Reichmann bros are Canadians. The Reuben bros are Brits, and are developing Paddington, the so-called new Canary Wharf. Both are big property developers. Freudian slip.

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  • peterlawrencethompson

    @Hal
    The BTI planning document is valuable because it serves as a starting point for discussion. We desperately need deep discussion about this but even here on BU there are few who engage with the issues seriously.

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  • @HA
    easily appreciated, both Jewish and both beginning with ‘R’.
    I see you finally got the rid of your Cdn central banker.
    I hope you have a safe and incident free election day.

    Liked by 1 person

  • @Peter

    We have become a politically polarized people. The political class will do what suits them. The rank and file will care less.

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  • A couple hours ago the cry was for Barbados to clean up its unhealthy dilapidated environment
    Less than 24 hrs later a picture is launched on BU compliments of BU and maybe Charles jong in an effort to squash the nagging question on how and when is govt going to clean up Bridgetown
    Now all have jump into the fray of discussing a smoke and mirror project that will never happen
    Fuh Christ Sake govt has been struggling for more than two years over how high the Hyatt should be built
    Can’t see govt ever being able to pull off such a massive project in any one lifetime
    Dream on fools

    Liked by 1 person

  • @Peter

    We need to hear the professionals, the environmentalists and other key stakeholders to inform public debate.

    Liked by 1 person

  • @ Northern Observer,

    I have sent a correction, but it has not appeared. The Reichmann bros built Canary Wharf; of course they are Canadian. The Reuben bros are building Paddington Basin, the so-called new Canary Wharf. Apologies.

    Liked by 1 person

  • Wily notes the RBC SALE, did Wily not forecast all the MAJOR BANKS, Barbados and Caribbean would be sold and departing. Caribbean is now in financial dis-array, finacial stability of the major Canadian Banks is now GONE and being replaced by several un-coordinated consortiums with widely differing objectives. Barbados government is trying to introduce their own controlled RED HERRING BANK(African) into the mix, where do you think this is headed ?

    FAILURE MUST BE an obvious conclusion. Wily is waiting to see how present Barbados FINANCIAL CONTROLLER(IMF) is going to react.

    Liked by 1 person

  • @PLT

    We have some urgent business here in the UK today, but when this is over and (hopefully) Boris returns to his bad journalism, I will give the development plan closer as attention.

    Liked by 1 person

  • Vincent Codrington

    @ David BU at 1:45 PM

    It is “pitched to the investors”.
    Do we the citizens have no say in what we want our built environment to be? Where is the sensitivity to the issues raised about our ecology and our culture in the Hyatt Affair? Is it fit for purpose? Are we to be pushed aside by the pipe dreams of a graphic designer and ignore aesthetics? Why are we changing the upper bound of 10 stories height of buildings?

    @ dpD

    This is another case where the Bajan saying of : “Follow pattern kills Cadogan” applies. Our attraction is our uniqueness. Why not ask our repeat visitors? Why not ask the ordinary Bajan what he thinks?

    @ David BU

    “Political polarization”.? Big joke! The only real source of political polarization is in the minds of those who want to have a political electioneering campaign for 5 years,punctuated by a poll.

    Like

  • @Vincent

    You know the answer to your question, of course! However many of us are happy to cede it to the political class with the outcomes we are now grappling.

    Liked by 1 person

  • Can someone please let me know when the Supreme Court in Barbados ACTUALLY STOPS PRACTICING DISCRIMIATION AGAINST BLACK BAJANS…

    http://www.loopnewsbarbados.com/content/judges-magistrates-being-taught-remove-bias-courtrooms?fbclid=IwAR3HeFjzx6WwtV81QCVHtIq_r09dJInM4h05sSE4zthWm1PJPrGC-0BA-2g

    And in case yall are wondering about Mia’s new found romance with Africa…well let me tell ya..she is pretending to reinvent the wheel..

    Rebecca Theodore And especially at a time when the Caribbean hold only one seat in the ACP. African countries hold 4 and the Pacific region holds one seat. There are only 6 seats on the ACP. How powerful will the Caribbean vote be to stand against the onslaught of African nations. Former CARICOM secretary general Shridath Ramphall warned against it and kept away, but Mia is blindly leading her people and the Caribbean down the cliff of corruption. The Caribbean is my home and I have a right to speak, regardless of Belnando Weekes accusation of I wanting to be the loudest voice. So what if I am the loudest voice? Who will speak for me if I don’t speak?

    No wheel is being reinvented here…many have trod that same road before and saw the precipice..

    Rebecca Theodore . I implore them all to read P J Patterson, My political journey. The book can be found at UWI press. If I come across as condescending, I am always wiling to apologize but a simple google search on the African countries that Mia is developing bilateral relations with in the name of the ACP will lead one to nothing but corruption. Maybe her next port of call will be Nigeria. Watch and see… Muhammadu Buhari is waiting for her with open arms. If she brings in Ghanaian nurses to our Caribbean shores, why not bring in Nigerian teachers?

    Rebecca Theodore Former Jamaican Prime Minister P.J. Patterson, deliberately stayed away from the ACP. The post- colonial hatred of Europe towards the Caribbean still prevails. Is professor Hilary Beckles still seeking reparation packages from Europe by using the ACP to consolidate Caribbean unity? Somebody please answer my question. I am red hot for answers.

    Like

  • https://shridathramphalcentre.com/research-page-src/research-areas/ongoing-trade-negotiations/post-cotonou-acp/?fbclid=IwAR0eJVn85UvNTiywPO9HEYzPZm8OqUwuAiAEd6D0IAe9SxKBmy-Jd75ewjI

    and then got the nerve to be invoking the UN too….and involving them in her shite.

    the above poster thinks it’s “blindly”, won’t she be shocked to find out it’s all very deliberate.

    Like

  • 6 notches is a big jump!BU??
    @@@ 6 is an up from Fraud and Fraud is still going on , when the Crime Minister bring in all the investors and all seem to be white only in Barbados, Africans will ask where are the Black investors, And if all who have money are Minister and crooks lawyers and all their money will show coming from offshore accounts, Remember Africa don’t need Barbados, it’s Barbados that needs Africa,30 down 30 to go Again,

    Like

  • @ Vincent.

    You know when those at the Hilton were asked about their financials they said they would be available “shortly”.

    The thing with this “shortly thing” though is a minister in the last government also had said that 20 garbage trucks would be here “shortly.” So I not sure what the hell shortly really mean to be honest. Then i hear things like the Four Seasons will shortly be starting too so I little uncertain as what dat mean in terms of a calendar reference!

    But I going get back to you shortly on the matter!

    Liked by 1 person

  • @Hal

    Yes it looks like BTMI IS going to be at the forefront of this “vision”.

    But wait the BTMI wasn’t the same entity involved in the acquisition of Mrs Ram rat infested beach front lot too?

    So I wonder if the “Ram Plan” will be used again by government now to public acquire the land for this glossy picture, at what government feels like paying the owners to then vest it in the hands of our latest property broker none other than BTMI?

    Got to say I smelling a rat here but it might just be one that get away from Mrs Ram warehouse dat dead by me.

    Liked by 1 person

  • Enuff some of these persons on here just criticize for criticizing sake.Take Mariposa for example whose Dems could not get ONE UPGRADE in 10 years but on here talking shite as usual.The other clown Austin wants to know where the DLP is ? My short response to him hopefully keeping a low profile since few wants to see or hear them anytime soon since in my view they are 90% responsible for our current situation.The cut and paste guy Hants brings a link about flying fish costing 3.50 but nothing about the upgrade as he highlights only negative stories never anything positive.I know he supports the Dems but this is rediculous.Just to state my congratulations to the government for taking the tough decisions the Dems refuse to take and starting to see so.e light at the end of the tunnel basef on stabilization first and then hopefully growth.

    Like

  • @ John A

    You must stop eating bread from the Purity – or is it taking government development plans seriously?

    Like

  • Isn’t there some ethic standard Accountants are to follow? Should the firm signing off on the financials be muscular qualified comment?

    Like

  • Should the accountants signing off these very late financials not be required to record a very muscular qualified comment?

    Enough is enough!

    Like

  • @Hal

    We shall see what role BTMI and the public acquisition act play going forward is this reborn Pierhead plan.

    Thing is if we take off the rose coloured glasses one can see how this will play out. Government is broke and the IMF is holding their cheque book so their investment is not possible. Plus the last bunch catspraddle the NIS with worthless paper so count them out too. So what’s left?

    Well if we take how the Ram Saga played out I think we all know why BTMI is up front and centre here now. They basically will be the “Facilitator” on this project with the backing of the land Acquisition act if need be.

    When you open a can of worms only God know where dem will crawl.

    Like

  • All that own property in this “deisgnated development area” please remember the going price for beach front rat infested land in that area is only $70 a square foot based on Mrs Ram offer, so the land side with bigger rats must be around $20 a square foot!

    Lord looka mah crosses!

    Like

  • “Just to state my congratulations to the government for taking the tough decisions the Dems refuse to take.”

    wuh i would congratulate them too IF:

    they had not wrote of 1 Billion dollars in VAT that their crook friends stole…..that the people now need to stop starvation

    wrote off hundreds of millions in taxes, that the people now need to stop starvation..

    ah would even congratulate them if they had locked up their FELLOW THIEVES…in DLP that should go to jail for stealing so much..

    ah would congratulate them if they had NOT promoted Justin Robinson for helping Cow rip off NIS Pension Fund and now causing pensioners and people with disabilities to be suffering unnecessarily because they were ROBBED by minority racist thieves thanks to both governments and their corruption….and has had very little access to money to survive…

    so keep congratulating and i will continue to show you why i would too…IF…

    Like

  • Living the live in Barbados, the good life!

    img-7img-6img-5img-4img-3img-2img-1

    Like

  • Am looking at the bright side, at least Africa now knows that they got much bigger, much more dangerous crooks than them that can be found right in the Caribbean…lol

    Like

  • The Kenyans are coming.

    “Yesterday, we had the good fortune of being hosted by the Governor of the Central Bank and the indigenous banks of Kenya and some of the fin-tech companies.

    “And we will host your indigenous banks within six weeks in Barbados to begin to explore the opportunities of them investing into our part of the world.”

    Mottley continued: “I believe that this is the beginning of a true, true partnership that can make the difference not just to the people of Kenya and to the people of Barbados”

    Like

  • @ David

    Them prices in Guyanese dollars don’t worry over it! Lol

    Liked by 1 person

  • Don’t mind them, that good life always causes me a lot of agony the next day and for days after, you pay for that…it’s very nice at the time, but only at the time.

    Like

  • @ John A

    I hope I am wrong, but it is going to end in tears. The president is much cleverer than Stuart and she does not want more than one term to sell out Barbados.
    It is a government without vision, no desire to get to grips with the fundamental problems facing Barbados and she is forced feeding a populace that in the main do not know any better.
    The silence is deafening. Where is the voice of the business community? Why don’t the property owners in the targeted area organise? Where are the environmental impact reports, the economic assessment reports?
    And, as I have already mentioned, what is this nonsense about rooms and suites. Smoke and mirrors. It is only an outline plan, but what about residential property, and in particular social housing? Where are the shops and restaurants, or will they feature in the more detailed plans? Are we designing out poor people from the centre of Bridgetown? Is there going to be a public inquiry?
    The minister responsible is the president, is she just going to rubber stamp these proposals?

    Liked by 2 people

  • Lorenzo
    Go back from whence yuh came
    The reality of this upgrade is the high cost for barbadians
    Maybe your pantry is full and your bills are paid cause i see no sense in jubliation when a few can rest well at night off the pain and suffering of the majority
    Bro wheel and come again and on your return bring some ,real good news for the people instead of this grand illusion of make belief and pretense that one upgrade is something to holler about
    The fact remains that without growth no matter how many upgrades the pain would worsen .

    Liked by 1 person

  • @ Hal

    Every single question you have asked is a valid one and like the true cost of the debt restructuring, you will never hear the full story.

    As I said from the time the public acquisition act was used to come between 2 private sector entities, that was a dangerous precedence set. The fact that the Ram land was then vested in the BTMI and the BTMI it seems is the featured player in this grand plan, should give you an idea of what will come.

    As usual the seat warming opposition will say little and the press will ask even less. They will probably have a few town hall meetings for the sake and that Will be it.

    Liked by 2 people

  • @ all uh wunna here.

    De ole man been busy wid a few tings dem so I ent posting too regular.

    And whereas I would read the whole blog first, I ask wunna to forgive me cause…

    I wonder ef wunna does look at dese fly by night ideas of Mugabe Mottley and she Regeneration Fallacies

    So leh de ole man explain dis to wunna simply HOW AN INVESTOR SEES BARBADOS

    1.Barbados is a cuntry that has had half as many downgrades AS IT HAS HAD MURDERS.

    2.IT HAS DEFAULTED ON external debt to the tune of millions of dollars easily 1/2 billion

    3.it has scalped its local population of 20% of their bond holdings

    4.It therefore shows THAT IT WILL NOT HONOUR ITS DEBT COMMITMENTS

    5.it is in the arms of the IMF a state which few recover from

    6.it is a corrupt government and it’s current leader has been in government for 20 years. During which time things that she touched Failed e.g EDUTECH

    7.She changes the laws and the Constitution on the drop of a hat.

    8.She forgives her family, father $1 million in taxes

    9.she in 18 months into a recovery plan which is not working

    10.and MOST IMPORTANT OF ALL, BARBADOS IS A ONE HORSE ECONOMY where Tourism is responsible for 40 % of GDP

    in a country of 166 square miles and 53 murders, shy$e problems, corruption, constitutional changes, and a one pony economy WOULD I BE RH RIGHT IN MY MIND to come and sink billions of dollars into this shy$e??

    What is my RH ROI? when am I going get back my money?

    Do I like Mugabe pooch so RH bad?

    STEUPSEEE

    Like

  • @ John A

    This looks like the death of Barbadian democracy.

    Liked by 1 person

  • Mariposa it would have helped us if your Dems were not so inco.petent in blowing the reserves they found with nothing to show not one bus nor garbage truck to help collect the garbage you are now so concerned about or when they were sending home thousands in 2013 to suck salt without their cheques.All we got was downgrade after downgrade to junk bond status.You seem to be suffering from amnesia so i will remind you hyprocrite.All these problems can be traced back to your try a thing government which cannot be solved in 18 months so reel and come again.

    Like

  • Sad news. It looks as if the lying, cheating Boris Johnson has won. Leave me alone to cry on my own.

    Liked by 1 person

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