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Home | Categories | Business News Please tell us what you think of this article. Tell a friend Print Friendly

St Helena : Shelco Proposal Deferred
Submitted by Saint Helena Herald (Juanita Brock) 26.01.2006 (Article Archived on 09.02.2006)

The consideration of new lawd have delayed the Shelco application for a property in Jamestown.

SHELCO PROPOSAL DEFERRED


 


The Governor in Council has today informed Shelco Investments (St. Helena) Limited that it is deferring consideration of the company's applications under the Immigrants' Landholding (Restriction) Ordinance until new tourism and investment policies are in place.  The Governor in Council's decision relates to the applications in respect of land at Broad Bottom and Salt Spring, and the New Porteous House building.  The aim is to adopt the new policies on investment and tourism by the middle of 2006, following receipt of expert advice.  The Governor in Council decided that, until the new policies have been adopted, it is in the public interest to adopt a cautious approach to matters such as these.


 


Public Relations/Information Office, Office of the Chief Secretary: 24 January 2006Shelco

 

This article is the Property and Copyright of Saint Helena Herald.

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