Original post by fDi Intelligence.
The vision to catapult the multi island country of St Vincent and the Grenadines into a vibrant, active economy hinges on the success of the country’s new Argyle International Airport (AIA), which opened in February 2017.
The call is out for investors to seize early opportunities in invest in creative industries, international financial services, technology and light manufacturing as government and the private sector stakeholders strive to transition the economy from its primary industries of agriculture and niche tourism.
St Vincent and the Grenadines’ creative industries is a key revenue earner for local artistes and artisans exporting their talents and services of live and recorded music, visual and performing arts, festivals and retail fashion across the Caribbean.
New capital investments in tourism, enabled by new direct international air routes to St Vincent are predicted to deliver an expanded natural tourism product on mainland St Vincent. The Grenadines islands like Bequia, Canouan, Mustique and Palm Island, already exclusive destinations for a discerning clientele, are also forecasted to see an increase in luxury boutique hotels and villas.
The 32 island archipelago known as the ‘Gems of the Antilles’ had previously suffered from a lack of connectivity, but a new international airport opens up new local, regional and international investment potential. fDi Magazine editor-in-chief Courtney Fingar takes a tour.