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FLPA suspends on-site activities - issues statement

Date Posted: August 12, 2008.

Flag Luxury Properties Anguilla (FLPA) issued a statement on Monday which reads as follows:

"The project’s Sponsors remain committed to the project.

We are temporarily suspending certain on-site activities. We are taking this opportunity to diligently work with our stakeholders during this short break to enhance certain elements within the project.

We are confident we will maintain our resort’s opening schedule
."

FPLA  has terminated in excess of 60 local and regional employees in recent months and in late July attempted to temporarily layoff  local contractors affecting as many as 70 additional workers. This move precipitated a letter from the Government, which among other things insisted that Anguilllians were to be the last group of employees asked to cease work and also asked for the repatriation of foreign workers (predominantly Chinese) if all work on the property were to cease.
 

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