AGP Executive Report
Last update: an hour agoCreative Economy: Saint Lucia is developing a digital marketplace to help artists, musicians and other creative businesses sell, license and promote their work locally and overseas, through a partnership between RISE Saint Lucia and Taiwan’s technical mission. Airport Investment: NH International’s EC$666 million Hewanorra redevelopment contract could bring work to local construction firms and suppliers, with the contractor saying Saint Lucian labour, materials and services are the priority. Renewable Energy: LUCELEC has bought 70 acres in Micoud for a 10 MW solar farm with battery storage, expected to cut imported fuel use by about 1.2 million gallons a year when it opens in 2028. Regional Trade: A temporary €5 one-way surcharge on FRS Express des Îles ferry tickets took effect November 1, raising travel costs on routes linking Saint Lucia with neighbouring islands as the operator responds to higher fuel prices. Investment Risks: Saint Lucia is among five Eastern Caribbean states facing an EU request to commit to phasing out citizenship-by-investment programmes by 2028, putting a significant source of public revenue and investment under pressure. Agriculture and Climate: Prime Minister Philip J. Pierre discussed smart agriculture with Taiwan during his visit, as Saint Lucia faces drought concerns and seeks to strengthen food security.
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