The announcement was made Wednesday to coincidence with a visit to the site by St. Kitts and Nevis’ Prime Minister the Rt. Hon. Dr. Denzil L. Douglas and Koi CEO, Mr. Nick Haque.
KRL Hospitality, Inc. (“KRL”) announces a new development, Koi Resorts and Residences in St. Kitts, in the Caribbean consisting of a government approved Citizenship-by-investment project in partnership with the internationally renowned Koi Brand and by CEO Nick Haque.
Koi Resort is already established in the United States, Thailand and Abu Dhabi.
“Through a distinguished history, KRL and its affiliated companies have been involved in decades of real estate development, infrastructure, hospitality, healthcare, education, banking, and multiple charitable foundations,” said the statement.
It said: “With the spectacular sweeping views of crystal-clear blue waters, Koi Resort & Residences will be located on 16 acres of beachfront property in Half Moon Bay, and will be adjacent to the Royal St. Kitts Golf Club.”
The Resort will be a luxurious internationally branded hotel with meticulously appointed villas and suites, which will be available for purchase, and will include the renowned Koi Restaurant, beach club, and exclusive ultra-lounge.
KRL has expressed thanks to Prime Minister Douglas and the Government of St. Kitts and Nevis for its substantial support, “which will make a significant contribution to the country’s economic growth and development and will directly benefit the citizens of St. Kitts and Nevis.”
Preliminary work has begun and is expected to increase at the end of the month with the filling of the pond and the building of the infrastructure.