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Special Sustainability Zones Authorisation Act, no. 21 of 2025.

Type of law
Legislation
Source

Abstract
This Act aims at achieving the following goals: promoting sustainable development in Saint Christopher and Nevis in harmony with the ecosystem and the nature; enabling the establishment of Special Sustainability Zones through Development Agreements to facilitate long term economic opportunities, create permanent employment, attract foreign and domestic investment, and generate revenue for the benefit of the population; attracting financially and technically qualified Zone Developers, as well as investors and other participants in Special Sustainability Zones, in order to promote the effective realisation of Special Sustainability Zones; enhancing enhance both the region and Saint Christopher and Nevis' prominence as an extraordinary investment and lifestyle destination; promoting the protection of the investments made by Zone Developers and other investors in real property within Special Sustainability Zones, as well as the interests of lenders holding security over such properties; promoting development in the following sectors defined by the government in its sustainable island state agenda: water security, ensuring reliable access to clean and safe water through investments in infrastructure like desalination plants and watershed management; energy transition, shifting from fossil fuels to renewable energy sources, to achieve energy independence and reduce carbon emissions; food security, enhancing local agricultural production to reduce dependency on imports and improve nutrition; sustainable industry, promoting industries that are environmentally friendly and economically viable, such as eco-tourism and green manufacturing; development of climate-resilient infrastructure and housing; circular economy, implementing practices that minimise waste and promote the reuse and recycling of resources; social protection, expanding social safety nets and health services to support vulnerable populations.
This Act concerns the following matters: specification of authority empowered to enter development agreements; conditions precedent to any Development Agreement; specific conditions of development agreements; ratification and declaration requirements; concessions and exemptions.
Long title of text
An Act to authorise and empower the Prime Minister, with approval of Cabinet and, if necessary, the Nevis Island Administration, to enter into development agreements for the establishment of Special Sustainability Zones on real property within Saint Christopher and Nevis; and to provide for related or incidental matters.
Date of text
Entry into force notes
25 August 2025
Repealed
No
Serial Imprint
Saint Kitts and Nevis Extra-Ordinary Gazette No. 46 of 2025.
Source language

English

Legislation Amendment
No