AGP Executive Report
Last update: 6 hours agoCruise Port Deal: St. Vincent and the Grenadines signed an MoU with Global Ports Holding (GPH) to enter exclusive negotiations for a 30-year concession to manage and develop the Kingstown Cruise Port, with phased investment estimated at EC$225m–EC$250m and a first phase up to EC$75m focused on terminal upgrades, public/commercial spaces, and better shore excursions. Development Finance Push: Prime Minister Godwin Friday told UN and development partners that “one size fits all” global finance is failing small islands, urging use of the Multidimensional Vulnerability Index for concessional funding, while poverty reduction stays central as debt servicing limits room to spend. Partner Support & Accountability: The IADB said it will support SVG even without borrowing-member status, and CDB VP Isaac Solomon praised the government’s “rare” mix of confidence and humility—calling for words to translate into action. Blue Economy Funding: GEF approved a US$6.1m UNEP-led project to restore ecosystems in SVG’s south corridor, targeting land restoration, emissions mitigation, and watershed management. Clean Energy for Fisheries: CRFM is scaling clean-energy interventions under the STAR-Fish project, including renewable cold storage and low-carbon certification support for fisheries and aquaculture. Business Growth Tools: OECS is inviting Blue Economy MSMEs to virtual info sessions for Window 2 matching grants (US$100k–US$150k), and MAVCOM SVG donated a printer to the Tennis Association to boost event operations. Regional Services Training: Antigua will host an OECS specialised services sector training programme (June 29–July 2) to strengthen resilience and competitiveness in global services.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.