The National Insurance Property Development and Management Company Ltd.
NIPRO
NIPRO was incorporated on April 30, 1999. Currently, the board of directors composes:
- Mr. Sean Matthew - Chairperson.
Mr Matthew is the Chief Engineer at the St. Lucia Air & Sea Ports Authority - Mr Matthew Lincoln Mathurin - Deputy-Chairperson.
Mr Mathurin is the Director of the National Insurance Corporation. - Mr Rostan Taylor - Director
General Manager of North American Assemblies Ltd. - Mrs Allison king-Joseph - Director
- Vern Gill - Director
- Dr Bernard La Corbinere - Director
Financing for NIPRO comes from the NIC in the form of loans and equity, and is guided by an agreement with NIC.
The immediate projects of NIPRO include:-
- Maintenance of the buildings of NIC under contract with NIC.
- The construction of ten police and fire stations around the island.
- The refurbishment of 5 police stations around the island under a contract with the Government of St. Lucia.
- The Management of the Castries Car Park Facility under a contract with that company and an associated contract with the Government of St. Lucia to manage parking within the City of Castries.