Infrastructure Brochure - CIF 2022

Other Sectors | ST. VINCENT AND THE GRENADINES

ST. VINCENT AND THE GRENADINES

Name of Project: New City Arnos Vale

Mode of Investment: Establishing a Joint Venture and establishing and implementing a project through PPP

Public/Private Sector

This proposed new city centers around the E.T Joshua Airport, which was decommissioned in 2017 and is located in Arnos Vale – an area steeped in rich history and already possessing infrastructure that will foster quick development. The total project area under consideration is 133 acres, with 63 acres comprising the former aerodrome site and the remainder being a combination of adjacently situated developed and undeveloped government-owned properties. The vision for this new city incorporates a commercial hub with residential zones, open-air public spaces and new attractions. This modern city will also include appropriate building types, utilities and infrastructure that are suitable for its tropical and coastal location and, most importantly, will reflect climate resilient design. The overall flat terrain of the Arnos Vale area allows every inch of the properties to be fully utilized – meaning the new city could rival (and surpass) the functions, efficacy, and aesthetic of capital city Kingstown. Additionally, the proposed site is nestled between lush green mountains along the island’s southern coast – ensuring a plethora of green spaces combined with breathtaking views of the sea and some of the Northern Grenadine islands. This project’s potential is enormous and would allow investors to engrave their names into the history books of Saint Vincent and the Grenadines.

Investment amount estimated in US$: USD $100-200M

Contact Person: Nadine Agard-Juillerat | Email: najuillerat@investsvg.com Telephone Number: +1(784) 457-2159

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