AGP Executive Report
Last update: 5 hours agoElectricity Costs: VINLEC’s fuel surcharge remains under scrutiny as high diesel use pushes up bills. A new commentary calls for greater transparency and less reliance on imported fuel. Tourism Investment: Invest SVG and Luxembourg’s Nativo Group signed an MOU to advance a proposed US$100 million eco-resort on Mayreau. The privately financed project is planned to create local jobs and boost demand for transport, marine services and food suppliers. Seafood Exports: A UBEC consultation has helped shape a five-year plan to strengthen seafood inspection and quality, with the aim of improving export readiness, including for European markets. Food Industry Skills: Vincentian millers joined hands-on U.S. wheat training in Kansas focused on flour quality and mill efficiency. Blue Economy Funding: Fisheries, marine-tourism and waste-management businesses in SVG can seek final-round grants through an OECS programme, with proposals set to open October 30. Economic Outlook: The World Bank projects SVG growth of 2.6% in 2026, amid a slower recovery across tourism-dependent Caribbean economies.
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