Invest Saint Lucia says 2019 has been a good year for economic development and is now gearing up for more big wins on the investment front, a number of which are to come on stream this year.
ISL’s Chief Executive Officer Roderick Cherry touts its collaboration with the Royal Saint Lucia Turf Club as one of its biggest successes of 2019. Another
success story was the opening of the Hewanorra International Airport’s fixed-based operation facility IAM Jet Centre. It provides world-class exclusive services for visiting private and business jet operators and their VIP passengers.
ISL also partnered with Caribbean Grains Saint Lucia Ltd., the island’s biggest producer of wheat flour and animal feed. It has since gone on to launch Caribbean Quality Meats Ltd, a poultry processing plant in Dennery that is soon to open its doors.
Mr Cherry also report two housing developments – one in Bois Jolie, Dennery and the other in Beauchamp, Micoud.
ISL also launched a Business Incubator and Accelerator Program and was rebranded, with the CEO describing it as a ‘culture change’ not a cosmetic makeover.
For 2020 Investment Saint Lucia also presented a master plan for Anse de Sable in Vieux-Fort. There are also plans for the redevelopment of the Hewanorra International Airport and an international cruise terminal for the south.
ISL is also reporting work on two new five-star all-inclusive Canelles development comprising the world-renowned Dreams and Zoetry brands featuring two 5-star resorts plus Canelles Oceanfront Apartments, offering luxuriously equipped rooms and suites.
ISL is also strengthening its partnership with Itelbpo who will be occupying developing a 20,000 square-foot facility in a factory shell currently being retrofitted by ISL at the Hewanorra Free Zone in Vieux-Fort.
Also high on ISL’s list of priorities for this year is facilitating the Cabot Saint Lucia development, a premier luxury golf resort and residential development to be constructed at Point Hardy, a 375-acre peninsula located near Saint Lucia’s northern coastline.
Additionally, more luxury hotel brands are expected to break ground in Saint Lucia this year, including a 400-room Hyatt-branded hotel project to be constructed near Choc Beach. A new luxury Grand Hyatt Resort is also earmarked for Sunset Bay, Choiseul.