The Opposition St Lucia Labor Party held a press conference on Thursday to discuss its concerns about the deal between Desert Start Holding and the government.
Castries South MP Dr Ernest Hilaire, spoke of some of clauses in the agreement that the party finds unacceptable. Dr Hilaire says the deal virtually places all of the productive and investment lands in Vieux Fort in the hands of one single developer.
According to the SLP, allowing DSH to lease the land for the horse racing facility at US$1 per acre for 99 years, is unreasonable.
The party asks – Where is their major capital injection from the investor?