The U.S. Virgin Islands' economy is in the "midst of an economic expansion" according to the Bureau of Economic Research (BER)(Oct. 25, 2005). The good news is the result of record increase in private sector activity in construction and financial services, public sector investment in major public works and economic development projects, and record increase in tourism. The U.S.V.I. Gross Territorial Product continues to grow each year, and is expected to increase 3.2% in 2005. (www.usviber.org):
Governor Charles W. Turnbull said public and private sector development will US$1 billion in 2006. Projects under construction include: The US$150 million Yacht Haven Hotel and …
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