Range Developments, a reported developer of luxury projects in the Caribbean, says it is delighted to announce the donation of 50 scholarships of $1,000 each, for students from the island of Dominica to help them pay for their studies.
“Education is the single most important thing one can give a young person,” said Mohammed Asaria, Vice Chairman of Range Developments. “We are delighted to be participating in this project; we have a robust corporate social responsibility program and look forward to closer links with the people of Dominica.”
The initiative was welcomed by government officials. “This shows the partnership that we have with Range Developments and their willingness to give back to the people. That’s what’s good for us right now, and we really have to cherish it,” said Dr Colin McIntyre, Minister for Planning, Economic Development and Investment.
Range Developments is said to have recently began construction work on a 160-Room hotel Kempinski Resort in the Cabrits area at Douglas Bay, close to the town of Portsmouth in the north of Dominica. This is said to be the first development under the country’s Citizenship by Investment Program. Investors are reportedly able to obtain Dominican citizenship, by purchasing a US$220,000 share in this limited partnership structure.
Current and past news stories.