Prime Minister Ralph Gonsalves of St. Vincent and the Grenadines has unveiled key details of a confidential agreement signed with Sandals Resorts International for the construction of a Beaches resort at Mt Wynne. The deal, finalized on Monday in Buccament Bay, includes stringent confidentiality clauses covering all past and future negotiations, with limited exceptions for managerial staff, contractors, and legal representatives. The government has committed to registering and disclosing investment incentives to Parliament, ensuring transparency. Sandals will invest EC$41.66 million in acquiring 51 acres of land, marking a significant financial commitment. The resort, designed as a 500-room, family-oriented, all-inclusive hotel, will require a $500 million investment, equating to $1 million per room. The agreement prioritizes local procurement of agricultural goods and seafood, with duty-free concessions for imports only when local products are unavailable or insufficient. Gonsalves emphasized the government’s streamlined work permit system and mandated that at least 50% of construction workers be Vincentians. The project is expected to create 1,700 jobs, with 70% reserved for locals, and will proceed in phases, beginning with 350 rooms. Gonsalves highlighted the broader economic benefits, including job creation, tourism growth, and VAT revenue, while addressing concerns about non-national workers by stressing the international nature of the resort and the Caribbean-wide employment opportunities it provides.