The Government of Grenada is pursuing the BOLT: Build, Operate, Lease, Transfer arrangement as a policy direction for saving financial resources on the rental of government\u2019s facilities, while creating hundreds of jobs for Grenadians.<\/p>\n
Prime Minister, Dr the Hon. Keith Mitchell made this announcement during the just-concluded 2020 Budget Presentation at the Houses of Parliament in Mt Wheldale.<\/p>\n
Dr Mitchell said that the BOLT arrangement for three long-awaited infrastructural projects will incur no upfront demands on the government\u2019s coffers. In fact, he said the value of the projects to private entities is an estimated US$100 million and will create job opportunities for about 200 Grenadians.<\/p>\n
The Finance Minister indicated that the private sector\u2019s willingness to invest in our country is a testimony to its unmatched level of confidence in the local economy. However, the Prime Minister is even more heartened by the level of employment and economic activities these approved projects will generate.<\/p>\n
Among the buildings which will be renovated under this initiative are Governor General\u2019s Residences, the Halls of Justice and the Police Headquarters.<\/p>\n
Ministry of Finance, Planning, Economic & Physical Development<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" The Government of Grenada is pursuing the BOLT: Build, Operate, Lease, Transfer arrangement as a policy direction for saving financial resources on the rental of government\u2019s facilities, while creating hundreds of jobs for Grenadians. 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