Government expects to earn back its investment in Tempo project

POSTED: 10/4/12 12:45 PM

St. Maarten – The Finance Ministry expects to earn back the $400,000 it will invest in the Tempo Turns 7 project, Finance Minister Roland Tuitt said at yesterday’s Council of Ministers press briefing. “There has been a lot of talk on the road about this and when people do not have all the information they start jumping to conclusions,” the minister said.
Tuitt explained that the government will receive a percentage of the entrance fees to the local and international shows the TV-station will organize for the Tempo Turns 7 project. “If things go the way they are planned the government will get its investment back and maybe even more.”

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