“Regional collaboration through organizations like the Caribbean Community (CARICOM) can create economies of scale and boost competitiveness in manufacturing and other industries,” Robillard notes.
Grenada’s FDI climbed 5% to US$164 million. Saint Lucia saw a staggering 321% jump to US$139 million. Saint Vincent and the Grenadines recorded a 16% rise to US$81 million. Dominica’s inflows increased 17% to US$21 million.
“Several OECS nations are investing heavily in renewable energy, attracting green capital. Some are also positioning themselves as technology and innovation hubs,” says Robillard.
Saint Kitts and Nevis thrives on its citizenship-by-investment program. Real estate, luxury development, and financial services are booming.
The OECS collaborates with regional and global partners to enhance trade, ease of business, and investment flows. “Through collective bargaining and streamlined policies, they make it easier for foreign investors to operate across multiple member states,” Robillard concludes.
Meanwhile, Barbado is emerging as a financial and business hub, focusing on innovation, technology, and renewable energy.
“The country is actively diversifying its economy and strengthening its infrastructure,” Robillard added.
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Publish date : 2025-02-26 00:36:00
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