News
Hopes for Hotels in Grand Turk, resident shares why it’s not happened yet
By Dana Malcolm
Staff Writer
#TurksandCaicos, November 22, 2022 – “Somewhere in one of the government buildings is a closet just full of groundbreaking shovels for Grand Turk, you could make a circle around Grand Turk with shovels.”
That is how Pastor Chad Archbold best explains the pileup of hotel construction projects destined for the island that never seem to reach completion. A native of Grand Turk, he describes himself as “Someone who is passionate about the things relating specifically to Grand Turk and I’m always looking to see my community be enhanced someday.”
This longing to see the island developed is one Archbold shares with many other Grand Turk residents. We spoke to him and several others before the government’s town hall meeting on November 17th, all expressed a feeling of neglect and a desire to see their island grow past its reputation as a Carnival Cruise destination.
“I believe the island is long past needing a quality project. People need to stop behaving as if it boils down to politics and the land. It boils down to creating a proper development on the island. It’s long overdue and Grand Turk has suffered for it.” He said. “Grand Turk has all of the attributes for a hotel property and with the advent of Carnival over the last decade you have even more going for the island.”
While thankful for Carnival he expressed the need for a constant source of income for residents as ‘cruise ships can only do so much.’
“There are no [hotels] and several attempts over the years to establish and create an extraordinary property on Grand Turk that would have been a catalyst for even greater economics– for various reasons hasn’t materialized. There’s no other word to use the community has suffered. ” the pastor explained.
He describes driving from the lighthouse to White Sands Beach and seeing the potential in the community and being disappointed that there was just nothing there. In the last two years alone a $200 million dollar hotel and casino
contract which should have broken ground in February 2020 seems to have fallen through and the history of failed construction continues all the way back to the Grand Turk Harbour project.
But what has caused the constant failings?
With his over 30-years experience in consulting and working on projects for development in Grand Turk Archbold has some ideas, but he first made it clear this was no fault of Grand Turk, there is no ‘curse’ over the islands.
“In all honesty for some of the attempts there weren’t ample opportunities for some of those to materialize” he said, “The amount of convincing you have to do when it comes to development on Grand Turk is excessive. It doesn’t matter if people see Carnival and the crowds or how glorious Governors Beach is, it doesn’t matter.”
“If you can’t have proper synergy with the developer or someone working to get this done it won’t happen and the community of Grand Turk has to reach a place in their psychology– knowing that the investment of Grand Turk is for their present and future well being.” He explained
Even with these factors, he says investment opportunities are available and the naturally beautiful real estate is available; but anyone looking to seriously tackle being the first major hotel on the islands will have to approach the project in a very specific way.
”You have to develop in Grand Turk with the mindset that only I am the major entity here I have to make sure that I have everything that is needed to sustain my project and to make it viable for the community; from airlift to employment; to the expansion of small businesses in the private sector and job opportunities outside of the government. ” He maintained. “Whatever goes there must compete with anything that you would put on Grace Bay because you only get one shot at it.
In order to effect the major economic revitalization of the community you have to invest significantly.”
Jobs for young people was another major issue for residents ahead of the town meeting with the Premier. The pastor echoed this recalling an interaction with a young man while he was working on a hotel project years back.
“He told me you don’t understand how much I am desperately looking forward to this, I can tell you I am waiting for it because I think it’s going to change the life of some of us young guys,” Archbold shared.
Going forward, the pastor hopes people will see the value in following through with a significant and sensible and sensitive hotel project, which does not miss but instead captures and preserves the island charm and historic sentiment of the capital of the Turks and Caicos, Grand Turk.
Politics aside, he said, the sake of the island should be first.
Dana Malcolm
Staff Writer
#TurksandCaicos, March 17, 2023 – Revenue from the Turks and Caicos’ Financial Services Sector will more than double in the next few years, if E Jay Saunders, Deputy Premier and Finance Minister gets his way. It ‘s one of the reasons the country is investing so much capital into getting off of the EU blacklist and becoming a secure trustworthy financial destination.
“The FSC’s revenues for 2020/21 was $10.5M— the figures for 2021/22, would be about similar,” he said. He further explained that $10.5 million from the FSC represented about 2.6 percent of the country’s 408.5-million-dollar
revenue. Though it increased to $14 million in the 2021/22 financial year, finance is still a small fry compared to tourism or even stamp duties but that will change, says Saunders.
“My revenue goal for the Government by the year 2029 [or] the election after the next election – is $500M. By that time, I want the financial sector (FSC) revenues to represent at least 5% ($25M). So that’s my goal for the financial sector by 2029.”
This goal, should it be met, would increase the Government’s revenue by 100 million dollars, a significant increase in spending power for local upgrades and improvements for Turks and Caicos residents and visitors.
Saunders says it’s time for the TCI to diversify its sources of revenue to make sure that what happened in the COVID-19 pandemic, which saw residents out of a job for months, will not happen again. Tourism now makes up around 80 percent of the country’s GDP. The Minister of Finance wants to push that down to 60 or even 50 percent.
Dana Malcolm
Staff Writer
#Haiti, March 17, 2023 – When a CARICOM delegation visited Haiti earlier this month, conspicuously absent was the Turks and Caicos Islands despite being one of the nations most directly affected by the multi-dimensional crisis there. There is no comment, as yet from the Premier, to say why this was the case.
Still, from the expedition, CARICOM heads of Government have informed that there will be lobbying in Africa for assistance in Haiti. They say they have decided that the best course of action for the Caribbean country is to bolster the Haitian National Police and act as intermediaries with Africa and the world. The decision follows a one day visit on February 27th, and a March 5th meeting chaired by the Bahamas.
CARICOM says during the trip delegates ‘met with a broad range of Haitian stakeholders to hear their views on the
way forward to a Haitian-led solution’. With that in mind it has made a decision on how to proceed.
“The Heads of Government agreed to support the Haitian National Police in their efforts to address the security situation. The focus of the Community will be the provision of training for the HNP and the provision of humanitarian assistance to HNP and the wider Haitian society, taking into account the challenging humanitarian and security situation”
It’s not clear yet where and how this training will take place. Also distinctly absent from the report, no more mention of boots on the ground from other countries despite CARICOM Member States indicating they were ready and willing should it come to that.
In addition, recognizing ‘the common historical experiences and the strong African-Caribbean relationship’ CARICOM says,
“Heads of Government also agreed to seek support from African countries for Haiti. They also agreed to work with the Governments of Canada and the United States as well as the UNDP”
Magnetic Media has reached out to the Premier’s Office to get a full debrief of the February 27th visit (led by Jamaica; including The Bahamas and Trinidad and Tobago) to learn of Turks and Caicos’ posture following the critical sessions.
Dana Malcolm
Staff Writer
#TurksandCaicos, March 17, 2023 – Musicians from the New World Symphony will be in the Turks and Caicos in concert next month and residents are invited to attend in support of the future of Ashley’s Learning Center. 
A fairly young orchestral academy based in Miami, the New World Symphony was launched in the 1980s by 1987, Michael Tilson Thomas and Ted Arison,Carnival Cruises founder. From the 1500 applicants who vie for a spot each year, the symphony accepts around 35 music graduates annually for training fellowships.
A select few of those graduates will be in country on April 8th headlining at the Ashley’s Learning Center concert ‘We’re all in this together’. The concert which also feature local artistes will be held at Brayton Hall on Venetian Road from 6 pm to 8:30 pm
Tickets are available ON ISLEHELP $75 PER GENERAL SEAT $125 PER PREMIUM SEAT $195 PER GALLERY SEAT – with /FREFRESHMENTS.
For TICKET RESERVATIONs you can call: 649-341-2304 or email EVENTS@ASHLEYSLEARNINGCENTER.ORG
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