Infrastructure Brochure - CIF 2022

Other Sectors | SAINT LUCIA

Name of Project: Duty Free Pointe Seraphine Project Location: Saint Lucia – Dennery, Atlantic Coast

Mode of Investment: • Equity investment • Establishing a Joint Venture • Establishing and implementing a project through PPP

Public Sector

Duty Free Pointe Seraphine (DFPS) shopping complex is a six (6) acre waterfront property initially constructed in 1984 as the premiere Duty-Free Shopping Complex (a position that it still commands presently) that catered in large measure to the cruise ship sector. The facility was extended in 1994 and currently accommodates thirty-two (32) shopping units along with other varied units offering liquor, fine jewelry, clothing, arts & craft, island tours, restaurants and much more. Owned and operated by Invest Saint Lucia, DFPS is one of ISL’s most valuable investment / strategic properties with a property value of USD$19.4 million. Constructed some 38 years ago, DFPS as a shopping facility presently requires refurbishment to refresh and enhance the shopping experience it affords to its patrons. The proposed redevelopment of the entire site DFPS / Phase three would include the following: • Business Tourism (Convention centre etc.) • Additional Shopping (new experience) • Leisure and pleasure (sea and land tours) • Restaurant (High end) • Yachting (small) • Introduction of Private Sector developments • Improve and expand on the existing infrastructure and buildings • Assist in the development of Ganter’s Bay (adjacent – waterside property)

Investment amount required in US$: US$ 50 million

Contact Person: Roderick Cherry | Email: rcherry@investstlucia.com Telephone Number: +1(758) 457-3400

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