AGP Executive Report
Last update: 3 hours agoPublic Investment: SVG has signed three Saudi Fund for Development financing agreements worth EC$177.7 million, but EC$170.6 million remains unspent. Prime Minister Godwin Friday warned that slow project delivery will face stricter accountability. Energy Costs: October’s electricity fuel surcharge rose to 86.71 cents per kWh despite a record EC$798,591 subsidy; gasoline prices, however, fall to EC$17.29 a gallon on Monday, October 26. Tourism: The government plans to sign a 30-year cruise-port agreement with Global Ports Holding on Monday, with up to EC$250 million in phased investment and hopes of bringing more cruise spending to local businesses. Investment Pipeline: Invest SVG is reviewing 13 proposals valued at US$442.9 million, including a proposed US$16.5 million Hilton resort at Bambareaux and the advanced US$35 million Holiday Inn/Best Western property sale. Small Business: Today is the deadline for MSMEs to register for a regional programme supporting digital upgrades and e-commerce growth.
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