AGP Executive Report
Last update: 12 hours agoGeothermal Push: Grenada has published a tender for preparatory civil infrastructure and water-supply equipment for exploratory geothermal slim-hole drilling, split into three lots (access roads, drill-pad works, and diesel generators/pumps), with bids due 6 Nov 2026 and funding linked to the Caribbean Development Bank. Investment & Jobs Pipeline: Government also pitched Project Polaris to international partners at UNGA 81, framing the new General Hospital and “Medical City” as a platform for healthcare services, research, technology, wellness, and wider economic activity. SME Support for Marine Livelihoods: The Grenada Sustainable Development Trust Fund is calling for a part-time business development and mentorship consultant (Nov 2026–Jun 2027) and separate applications for a livelihood support initiative offering seed grants up to US$5,000, skills training, marine safety gear, and business registration help. Regional Finance for Households: The ECCU’s retail bond programme is expanding, letting citizens invest as low as XCD$500 in St Kitts and Nevis government bonds at 4.5% via the RGSM, following Grenada’s earlier launch. Tourism Deal Watch: Royal Caribbean confirmed a landmark US$3bn plan to take a 50% stake in Sandals and Beaches Resorts, valuing the Caribbean brand at about US$6bn and expected to close in early 2027—a major signal for regional hospitality and travel demand. Local Business Recognition: Real Value Supermarket IGA’s managing director, Hassan Hadeed, won IGA International Retailer of the Year for the Caribbean, spotlighting Grenada’s retail leadership. Diplomacy & Cooperation: India and CARICOM foreign ministers met in New York to deepen cooperation on trade, investment, agriculture, digital governance, climate resilience, and energy. OECS Coordination: OECS foreign ministers also met in New York, stressing stronger regional diplomatic coordination as small states face mounting global pressures. Grenada–Nepal Ties: Nepal and Grenada formally established diplomatic relations, opening a new framework for cooperation on SDGs, climate action, tourism, and education.
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