AGP Executive Report
Last update: 4 hours agoElectricity Costs: VINLEC’s monthly fuel surcharge is a statutory pass-through tied to fuel costs, not discretionary pricing, an analysis says, as household bills draw scrutiny. Renewable Energy: During India’s High Commissioner’s farewell visit, the two countries signed an MOU for a rooftop solar electrification project, advancing cooperation on clean energy and resilience. Mayreau Investment: Invest SVG and developer Nativo Group signed an MOU for a proposed US$100 million eco-resort, planned to be privately financed and built over 24 months, with jobs and business for local suppliers among its expected benefits. Tourism: SVG’s visitor growth outpaced the regional average as stayover arrivals across the Caribbean rose 1.9% in the first half of 2026. The Tourism Authority is promoting the country’s 32 islands and cays through culture, marine and adventure experiences. Seafood Exports: A five-year plan aims to strengthen inspection services and industry practices, helping SVG pursue wider regional and international markets. Economic Outlook: The World Bank projects SVG growth of 2.6% in 2026, amid a more modest recovery for tourism-dependent Caribbean economies.
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