Investment Opportunities in the Caribbean

Agribusiness | GRENADA

Name of Project: Cold Storage Facility

Private Sector

Mode of Investment: Establishing and implementing a project through PPP Debt and Equity

This lucrative opportunity, once fully operational, will reduce the wastage of fresh fruits, vegetables, poultry, and fish, as businesses are becoming increasingly aware of their need for cold storage. The establishment of such a facility will aid in increased production and availability of local produce throughout the year. Targeting the supermarkets, food service providers, importers and exporters, wholesalers and small-scale retailers, this project’s aim is to implement a state-of-the-art cold storage facility. Contact Persons: Royston Cumberbatch | Email: rcumberbatch@gidc.gd pureinvestment@gidc.gd | Telephone Number: +1 (473) 444-1035 www. investingrenada.gd

Investment amount required in US$: USD $1.5 million

Name of Project: Fish (Jacks, Tuna) Products Canning Facility

Private Sector

Mode of Investment: Establishing and implementing a project through PPP

This project will entail a state-of-the-art canning plant whereby the fish raw materials for the plant will be readily available as Grenada is a major exporter of tuna and capture other species suitable for canning. Fish and fishery products remain a high-value commodity which is constantly in demand locally, regionally and on the international market. Grenada has several landing sites in various parishes which include St. Georges, St. Andrews, St. Johns, and St. Patricks. Considering the OECS Member States as a bloc, the combined canned products accounts for US$7.6 million in annual importation. At the CARICOM level, the Region imports approximately US$72.9 million in canned fish products (Sardines, Tuna and Mackerel). This allows a company operating from Grenada the ability to also benefit from special trading provisions under the CARICOM Single Market and Economy. Contact Persons: Royston Cumberbatch | Email: rcumberbatch@gidc.gd pureinvestment@gidc.gd | Telephone Number: +1 (473) 444-1035 www. investingrenada.gd

Investment amount required in US$: USD $1.5 million

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