AGP Executive Report
Last update: 10 hours agoTourism & Investment: The CARICOM Private Sector Organisation hailed Sandals Resorts and Beaches Resorts’ landmark partnership with Royal Caribbean Group: Royal Caribbean will buy a 50% stake in the all-inclusive operator for about US$3 billion, valuing the business at roughly US$6 billion and expected to close in early 2027, subject to approvals—seen as a major win for Caribbean enterprise and jobs across the region, including Grenada. Energy & Public Procurement: Grenada published a tender for preparatory civil works and water-supply equipment ahead of geothermal “slim hole” drilling for two sites, split into three lots (roads, drill pads, pumps/generators), with bids due 6 Nov 2026. SME & Marine Livelihoods: Grenada’s Sustainable Development Trust Fund opened expressions of interest for a part-time business development and mentorship consultant (Nov 2026–Jun 2027) supporting SMEs tied to the Woburn–Clarke’s Court Bay Marine Protected Area. Healthcare Investment Pitch: “Project Polaris” was presented to international partners at UNGA 81, positioning Grenada’s new Medical City and general hospital as a catalyst for healthcare, research, talent and wider economic activity. Regional Finance Product: The ECCU’s government securities market launched a retail bond programme (as low as XCD 500) offering 4.5% per annum for two years, building on Grenada’s earlier launch.
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