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Contact:
Claudia Monlouis
Tuesday, October 12, 2004 - Saint Lucia has been chosen to be the
headquarters of a Canadian company, which is in the process of expanding to the
United States, South America and the Caribbean Region. By December of 2004, one
of Canada’s leading nutraceutical companies, Destiny Health and Wellness will be
part of the island’s growing league of regional and international companies.
Chairman of Destiny Health and Wellness, David Singh said that he found the
investment climate in St. Lucia very attractive.
“The reason I am here in Saint Lucia is to look into putting all the pieces of
the puzzle in place to launch our business here in the Caribbean, and more so
specifically here in Saint Lucia on December 6, 2004. Sorting all the pieces of
the puzzle means we’ve got all kinds of banking and legal work to do, but we are
committed to being here and launching Destiny Health and Wellness in Saint
Lucia,”, Mr. Singh said.
According to Mr. Singh, in light of the health conditions that plague the local
community, there is scope in St. Lucia for the nutraceutical industry, which
focuses on the preventative side of medicine. “The types of things we are
looking for before we go into a particular marketplace are things like the need
for our products first and foremost, and we know there is a need here in Saint
Lucia; we know there is a global need for our products all over the world. We
are aware for example, that hypertension and diabetes are two big health issues
here in Saint Lucia”, Mr. Singh explained.
Mr. Singh said that funding to fully establish this new initiative was expected
to run into millions of dollars, and would create employment opportunities for
several persons.
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