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60-year Long Lease Agreement signed off with SZV.

PHILIPSBURG: --- Minister of VROMI Egbert Jurendy Doran announced on Wednesday that he sat with the Director of SZV, Mr. Glen Carty where he signed off the notarial deed for the transfer of long-lease land to SZV for the construction of the new office building and community wellness unit in Cay Hill.
Also Present at the signing with Notary Boekhoudt were my colleague, Minister of Finance, Ardwell Irion, and SZV’s Chief Transition Officer, Mrs. Parveen Boertje.

The 60-year lease agreement between Government and SZV benefits both parties as the total land lease fees of just over 3 million guilders will be deducted from Government’s debt to SZV.
Doran said he to say that this collaboration is a win-win overall. Besides the long lease fees to reduce Government’s debt to SZV, the public will also benefit from improved access to SZV, the community space for events, daily wellness routines, and (family) recreation, not to mention the additional plans to better the sporting facility as well.

This concludes my remarks. Thank you for watching and listening. I will be available for any questions that you may have. Have a pleasant day.

 

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