AGP Executive Report
Last update: 6 hours agoTourism Investment: Invest SVG and Luxembourg’s Nativo Group signed an agreement to advance a proposed US$100 million eco-resort on Mayreau. The privately financed project is planned to create local jobs and business opportunities during construction and support year-round demand for transport, food and marine services. Electricity Costs: Public concern over rising bills has renewed calls for greater transparency and accountability from VINLEC over its fuel surcharge and finances. Local Business: The Tourism Authority is inviting vendors, artisans and entrepreneurs to sell at Kingstown’s Sunday Cruise Village, linking cruise visits with income for local businesses. Flood Recovery: Taiwan pledged US$100,000 in emergency aid after heavy rains damaged homes, businesses and infrastructure. The government says it will estimate losses after assessments are complete. Economic Outlook: The World Bank projects SVG’s economy will grow 2.6% in 2026, while Prime Minister Godwin Friday heads to IMF-World Bank meetings in Thailand to discuss investment, financing and development priorities.
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