分类: business

  • PM wants port projects fast-tracked amid development push

    PM wants port projects fast-tracked amid development push

    At the official commissioning ceremony for Bridgetown Port’s newly completed Berth 6, Barbadian Prime Minister Mia Mottley has delivered a clear directive to port authorities: break through bottlenecks and accelerate long-delayed key expansion projects, warning that further hold-ups to critical cruise and national security infrastructure are incompatible with the island nation’s goal of becoming the Caribbean’s top cruise destination. The multi-component expansion package includes three high-priority initiatives: a new finger-style cruise pier, a purpose-built central container examination facility, and a waterfront hotel development tied to an upcoming Caribbean cricket legends franchise. Mottley emphasized that even with ongoing legal proceedings surrounding parts of the project, Barbados cannot afford to put its cruise sector growth on indefinite hold. “Earlier this year, I convened meetings with the port’s chairman, executive leadership and the responsible minister to make sure that construction of the new finger cruise pier is moved to the top of the immediate priority list,” Mottley stated during her address. She noted that while outstanding litigation related to the development still requires resolution, the nation’s rising standing as one of the most important cruise ports in the Americas leaves no room for slow, incremental progress that holds back economic growth. Beyond positioning the country as a premier cruise stop, Mottley outlined that the new cruise pier and accompanying aggregate facility will generate consistent new revenue streams for the port, including through passenger head taxes and a range of additional commercial income opportunities. Of equal importance, the prime minister stressed, is the planned central container examination facility, a core asset for strengthening the nation’s border and national security frameworks. “This government has not held back on investment in cutting-edge scanners and expanded scanning capacity at Bridgetown Port, and we will continue to prioritize these security investments,” she said, adding that rapid completion of the dedicated examination facility is central to the government’s ongoing work to upgrade port security protocols. In a major milestone for project financing, Mottley revealed that the Ministry of Finance has already formally approved a $70 million loan to support the port expansion initiative, and she expressed confidence that remaining financing arrangements will be finalized quickly to clear the way for construction to move forward. She also offered public praise for the port’s board and management team for pursuing cost-effective development strategies, noting that this focus on fiscal responsibility aligns with the government’s expectations for all state-linked infrastructure projects. “This level of cost efficiency is exactly what I expect to remain a core part of how Bridgetown Port operates moving forward,” she added. Turning to one of the most ambitious mixed-use elements of the redevelopment plan, Mottley laid out details for a new waterfront hotel located adjacent to Kensington Oval, a project she framed as the starting point for a region-wide Caribbean cricket legends tourism brand. Currently, the targeted waterfront parcel is occupied by government procurement offices and other state operational facilities, but Mottley confirmed that relocation discussions are already at an advanced stage to clear the site for redevelopment. Comparing the proposed development to successful upscale waterfront projects in St. Lucia and multiple European destinations, Mottley described the land around Kensington Oval — which she called the third most iconic cricket ground globally — as a once-in-a-generation opportunity not just for Barbados, but for the entire Caribbean region. The overarching concept centers on a “Legends of the Caribbean” brand, with a network of hotels across the region honoring the historic legacy of legendary West Indies cricketers. “I have no doubt that the former West Indies players who brought so much glory to our region, but earned so little during their era of dominance, would be thrilled to know that their legacy, image and excellence can finally be rewarded through this project,” Mottley said. She confirmed the proposed Legends Hotel will occupy a prominent, iconic plot directly adjacent to Kensington Oval, laying the groundwork for the regional brand expansion.

  • St. Kitts and Nevis welcomes 14,000 cruise passengers in off-season surge – WIC News

    St. Kitts and Nevis welcomes 14,000 cruise passengers in off-season surge – WIC News

    The Caribbean island nation of St. Kitts and Nevis notched a notable win for its tourism sector on May 28, when two major modern cruise vessels docked at Basseterre’s Port Zante, delivering an unexpected off-season influx of more than 14,000 total passengers and crew members. The arrival marks a key milestone in the country’s ongoing push to establish itself as a leading, year-round cruise destination in the region.

    Prior to dropping anchor in St. Kitts and Nevis, both ships completed their previous port call in St. Thomas, part of the United States Virgin Islands, wrapping up a segment of their scheduled Caribbean itineraries before heading to their stop in the twin-island nation. The first vessel, Star of the Seas, is operated by Royal Caribbean International, a subsidiary of the Royal Caribbean Group. This visit marked the ship’s second docking at Port Zante, carrying roughly 7,161 passengers and 2,500 crew members on board. As a member of Royal Caribbean’s innovative Icon Class fleet, Star of the Seas joins the ranks of some of the most advanced cruise vessels operating globally, including the industry-leading Icon of the Seas and Legend of the Seas.

    The second ship, Celebrity Beyond, is managed by Celebrity Cruises and brought approximately 3,400 passengers and 1,417 crew members to the islands. An Edge Class vessel, Celebrity Beyond stands out for its forward-thinking, outward-focused design that prioritizes panoramic ocean views, and it is home to the cruise industry’s one-of-a-kind “Magic Carpet” — an innovative movable platform that travels vertically between multiple decks. The versatile space can transform to serve as an open-air restaurant, a scenic bar, or a tender boarding area for small excursion boats.

    St. Kitts and Nevis Prime Minister Dr. Terrance Drew emphasized the significance of the unprecedented off-season arrival in an official statement posted to his Facebook page, calling the large-scale port call a “tremendous achievement” for the country’s tourism industry. “This level of cruise activity brings continued growth to our economy and provides many job opportunities for our people,” Drew noted, adding that the surge during what has historically been a slow tourism period demonstrates the success of the nation’s tourism strategy. He also publicly commended Minister of Tourism Marsha T. Henderson and the entire Ministry of Tourism for their persistent work to elevate St. Kitts and Nevis as a premier cruise stop in the Caribbean.

    Industry observers note that the unexpected off-season surge signals growing demand for less crowded Caribbean cruise destinations, and reinforces the trajectory of St. Kitts and Nevis as an increasingly popular choice for major global cruise lines looking to diversify their itineraries beyond traditional peak-season hotspots.

  • Neverson feeling the ‘Sandals Effect’

    Neverson feeling the ‘Sandals Effect’

    For over 15 years, Kendal Neverson has built his career as a taxi driver, greeting countless tourists as their first point of contact when they arrive in St. Vincent and the Grenadines. What began as consistent but modest work shifted dramatically in 2024, when a major new hospitality development opened on the island chain, opening unexpected new doors for local workers like Neverson.

    A trusted member of the local Taxi Association, Neverson has long anchored his work in three core values: professional service, warm hospitality, and a deep sense of national pride that he brings to every trip he guides. When news first broke that international resort brand Sandals planned to open a new luxury property at Buccament Bay, Neverson admitted he felt uncertain about what the development would mean for independent local drivers. It did not take long, however, for that uncertainty to give way to tangible new opportunity.

    To manage airport transfers and on-demand guest transportation, Sandals launched a rigorous competitive selection process to partner with qualified local drivers. In an official press release announcing the initiative, the resort confirmed Neverson was among the local transportation professionals selected to join the resort’s service network.

    For Neverson, the impact of the resort’s launch on St. Vincent and the Grenadines’ tourism ecosystem has been nothing short of transformative. “From the moment Sandals began operations here, St. Vincent and the Grenadines’ tourism sector has moved forward incredibly quickly,” he explained in the release. “Our industry has grown drastically, and it has been a huge step up for taxi drivers, especially those of us working on transfers between the airport and the resort.”

    Unlike the inconsistent demand many local drivers faced prior to the resort’s opening, the steady stream of international guests visiting the new property has translated into reliable, consistent work for Neverson, while also giving him the chance to welcome travelers from every corner of the globe. As one of the first local residents visitors interact with when they step off the plane, Neverson takes this responsibility deeply seriously, and says the resort’s commitment to high service standards has shaped his own approach to work.

    “When it comes to Sandals, everything centers on upholding strict standards,” he said. “That’s a lesson I’ve absorbed and continue to put into practice every single day on the job.”

    Beyond the direct benefits for transportation workers like himself, Neverson emphasized that the resort’s presence has rippled through nearly every corner of the local economy. From agriculture and fishing to small retail and other local businesses that support the tourism sector, multiple industries have seen growing demand as visitor numbers climb.

    “It has truly been a pleasure having Sandals here on our island,” he said. “It has brought new opportunities across so many different sectors, and helped lift up our entire tourism industry. For me, Sandals represents progress and higher standards across the board. If we want to keep benefiting from the growth of tourism, we have to keep improving our own service and professionalism. When visitors come here, they experience our whole country through the people they meet, like me.”

    In highlighting Neverson’s story, Sandals noted that his experience is far from unique. It serves as a powerful reminder that the economic and social impact of tourism development stretches far beyond the walls of the resort itself, creating tangible, long-term benefits for entire local communities.

  • Houtproductie daalt licht in 2025; Sipaliwini blijft grootste productiegebied

    Houtproductie daalt licht in 2025; Sipaliwini blijft grootste productiegebied

    Fresh data released by Suriname’s Foundation for Forest Management and Forest Control (SBB) shows that the country’s total roundwood output edged slightly lower in 2025, marking a modest shift in the nation’s key forestry sector performance. Per the latest official forestry statistics, total production reached 432,337 cubic meters of roundwood equivalent this past year, down from 435,942 cubic meters recorded in 2024.

    Geographically, production remains heavily concentrated across the country’s districts, with Sipaliwini standing out as the undisputed core production region. The district alone contributed 291,733 cubic meters of roundwood in 2025, accounting for more than two-thirds of Suriname’s total national output. Following Sipaliwini are Para with 64,279 cubic meters and Brokopondo with 64,247 cubic meters, making these two districts the secondary production hubs. By contrast, Wanica registered just 147 cubic meters of production for the year, while multiple other districts recorded barely any or no commercial roundwood output at all.

    When broken down by product type, industrial roundwood — particularly sawlogs and peeling logs — makes up the overwhelming majority of total production. This segment accounted for 430,331 cubic meters of the 2025 total, with smaller volumes of other wood products including utility poles, shingles and sawn timber making up the remaining output.

    Production is also heavily centered on concession areas, which generated more than 362,905 cubic meters of roundwood in 2025. Community forests contributed an additional 42,614 cubic meters, with smaller volumes coming from areas covered by general logging permits, LBB reserves and incidental logging permits.

    A monthly breakdown of production reveals clear seasonal variations across the year. The highest monthly output was recorded in October, at 52,270 cubic meters, followed closely by November with 51,912 cubic meters. July saw the lowest production level of any month in 2025, with just 20,093 cubic meters harvested.

    Among commercial wood species, basralokus retained its position as the most harvested commodity in 2025, with total output reaching 123,962 cubic meters. Other leading commercial species include gronfolo at 69,535 cubic meters, kopi at 32,659 cubic meters, bruinhart at 27,915 cubic meters and wana at 26,294 cubic meters.

    On the export side, Asia continues to dominate as the primary destination for Surinamese timber. Approximately 92 percent of total Surinamese wood exports are shipped to Asian markets, with China, India, Singapore and Vietnam ranking as the largest buyers.

    SBB officials note that the updated statistics provide a critical, transparent overview of ongoing trends in Suriname’s forestry sector, highlighting the steady economic contribution the industry makes to the country’s national economy.

  • Bus Operators Push for Hands-On Role in Electric Bus Pilot

    Bus Operators Push for Hands-On Role in Electric Bus Pilot

    As Belize moves forward with its transition to electric public transportation, a growing rift has emerged between the national bus industry’s leading body and government transport officials over how local operators should be integrated into the country’s electric bus initiative.

    The Belize Bus Association (BBA), which represents more than 50 operators spanning intercity highway routes, rural village services, tour routes, and school transportation, is calling on the government to give its members direct, hands-on access to the current electric bus pilot. Currently, the testing phase is limited to routes in Belize City and the western transportation corridor, and no BBA members have been permitted to operate the pilot vehicles themselves.

    In an official letter addressed to the Ministry of Transport, BBA leadership argues that firsthand real-world experience is a non-negotiable prerequisite for operators to make informed long-term investment decisions. Without direct exposure to the vehicles, the association says, members cannot accurately measure key operational metrics including total cost of ownership, routine maintenance requirements, and performance across varying route types, from dense urban streets to long-distance national highways. To address this gap, the BBA is proposing a rotation system that would allow its members to test the electric buses on a diverse range of routes, a change the group says would not only strengthen the pilot’s data but also expand access to the new green technology for commuters across the country.

    BBA president Phillip Jones emphasized that the association has sought inclusion since the project’s launch, when it was first developed under the auspices of the United Nations Development Programme (UNDP) and the United Nations. “From the inception of the EV program under the UNDP and UN we have wrote letters to the UNDP and the president and representatives in this area that we wanted to be a apart of the pilot project. However we were denied at that time,” Jones explained. “Hence the reason we find it prudent that we revisit that, because if you are saying you want the entire country to have the knowledge or use the service or go green in order for that to be the case, you need to have anyone involved and we are a major stakeholder in the bus industry. […] You can’t just be going based on analysis going second hand. We want firsthand experience.”

    But government officials say the pilot phase has already concluded, and no test vehicles are available to reallocate for broader industry testing. Transport Minister Dr. Louis Zabaneh confirmed that the government is shifting its focus away from the trial period and toward a permanent structural transition to electric bus fleets, and laid out two clear paths for BBA members looking to join the electric future. Under the first option, independent operators can join the National Bus Company (NBC), a public-private partnership aligned with the government’s green transportation policy. The second option allows operators to remain independent by forming their own collective entities and investing directly in procuring their own electric buses, with the ministry offering full access to all lessons learned during the pilot to support the transition.

    Zabaneh noted that the model of joining the National Bus Company is already gaining traction among BBA members, with recent signs of growing buy-in: after the last remaining holdout operator from southern Belize joined the NBC, two additional operators from the northern region have submitted applications to join. “So that is clearly, in my opinion, the preferred path because now you have a public private partnership that comprises government and reflects the policy of the government that they can benefit from. Or they can continue being independent operators and we can work together and share whatever knowledge we have with them,” Zabaneh explained. “The NBC is a private company, so whatever e-buses it buys is for the use for services to commuters who use NBC services. They would have to, as independent operators, organize, form a company and procure e-buses. Now, we as the ministry are very pleased to share with them what we have learnt in setting up the National Bus Company and we told them that already.”

    This content is adapted from a transcript of an evening television newscast.

  • From Call Centers to Remote Work, Belize Labor Laws Lag Behind

    From Call Centers to Remote Work, Belize Labor Laws Lag Behind

    More than half a century after Belize’s foundational Labor Act was written into law, the Central American nation has launched a comprehensive review to bring outdated workplace regulations in line with the profound shifts that have reshaped its labor market in recent years. Driven by the explosion of new work models — from the booming call center sector to the growing popularity of remote and digital work — the Ministry of Labor has made updating the legislation a top policy priority ahead of evolving economic demands.

    Tanya Santos, Chief Executive Officer of the Belize Ministry of Labor, emphasized that the decades-old regulatory framework no longer aligns with how Belizeans currently work and earn incomes. “It’s been decades since our standing legislation was enacted, and it does not reflect our modern labor realities in many areas,” Santos explained in comments to local media. “We have seen many new emerging industries, new work structures, and entirely new ways people earn a living — from remote work and tech roles to the fast-growing call center business. We need legislation that reflects the current makeup of our labor force and meets the demands of today’s economy. There’s never a bad time to update outdated rules.”

    Beyond accommodating new work models, the reform process will tackle a range of pressing 21st-century labor challenges that were not prominent when the original act was drafted. These include persistent national labor shortages, cross-border labor migration, and the growing demand for skilled workers across expanding sectors. The review will also address gaps in workforce development, with a focus on aligning training programs to equip Belizean workers with the specialized skills that growing industries now require.

    To ensure the final reforms balance worker protections and economic competitiveness, the Ministry of Labor has launched a broad consultation phase, bringing together key stakeholders from across the country’s economy. Participants include national labor unions, representatives from the critical tourism sector, the Belize Chamber of Commerce, and other industry groups, all of whom will contribute input to shape the final draft of the updated legislation. The process aims to close regulatory gaps, support the nation’s transitioning economy, and ensure all workers — whether in traditional roles or new emerging sectors — receive adequate legal protection.

  • 8% Surge in Transport Costs Pushes April Inflation Higher

    8% Surge in Transport Costs Pushes April Inflation Higher

    Belize is facing growing inflationary pressure, with runaway transportation costs emerging as the single largest driver of rising consumer prices in April 2026, according to official data from the Statistical Institute of Belize (SIB). Newly released government figures show that transport costs have jumped 8% year-over-year and 4.2% month-over-month, pulling the nation’s overall annual inflation rate up to 2.9% for the month. The entire surge is rooted in unprecedented spikes in global and domestic fuel prices that are hitting motorists and everyday consumers directly.

    Diesel has seen the most dramatic price growth of all fuel grades. Between April 2025 and April 2026, the average retail price of diesel surged 26%, climbing from $11.66 per gallon to $14.68 per gallon. When looking just at the 30-day window between March and April 2026, diesel prices jumped by an eye-watering $2.42 per gallon. Regular and premium gasoline have also recorded double-digit annual increases: regular gasoline rose 15.7% year-over-year (adding $0.82 per gallon between March and April), while premium gasoline climbed 11% annually, with a $0.88 per gallon month-over-month increase.

    The impact of rising transport costs extends far beyond gas station pumps, as fuel prices form the backbone of logistics and distribution for nearly every sector of Belize’s economy. Higher transport costs push up prices for nearly all goods that rely on ground or marine shipping, creating a ripple effect that raises the cost of living for households across the country. When combined with price increases in food and housing, the transport sector accounted for more than three-quarters of April’s total growth in consumer prices, SIB data confirms.

    Food and non-alcoholic beverages have not been spared from inflationary pressure, recording a 2.6% annual price increase as of April. Common grocery staples saw some of the steepest gains, with sugar leading the pack at a more than 19% year-over-year jump. Consumers are also paying more for meat, coffee, soft drinks, and a range of fresh fruits compared to one year ago.

    The housing, water, electricity, and domestic fuel category also logged a 2% annual increase, driven by higher utility rates and growing cooking gas costs. Over the past 12 months, the average cost of a 100-pound cylinder of liquefied petroleum gas, the most common cooking fuel for many Belizean households, rose from $127.63 to $136.47.

    Across the country, inflation varies by municipality, with Orange Walk Town recording the highest annual rate at 4.2%, while Belize City saw the lowest regional inflation at 2.4%. Looking at the broader trend for 2026, the average inflation rate across the first four months of the year sits at 1.4% when compared to the same period in 2025. While most key spending categories have recorded price growth, including health care and restaurant services, one bright spot remains: costs for information and communication services have declined over the past year.

    The SIB’s final Consumer Price Index (CPI) data puts the April 2026 reading at 123.2, up from 119.6 in April 2025, confirming the 2.9% annual inflation calculation. Economists note that fuel-driven inflation remains a key vulnerability for Belize’s economy, as higher fuel costs filter through to nearly every aspect of household spending, putting increased financial strain on low and middle-income families.

  • Global Shipping Firms Warn of Rising Trade Costs Amid Route Disruptions

    Global Shipping Firms Warn of Rising Trade Costs Amid Route Disruptions

    Global maritime shipping and logistics firms are grappling with rapidly rising operational expenses and tightening capacity limits as ongoing trade disruptions force carriers to divert cargo away from blocked or high-risk lanes, a crisis that threatens to push higher prices onto businesses and consumers across every region of the world. These urgent concerns were laid out Wednesday during a high-stake meeting between top executives from the world’s largest shipping companies and World Trade Organization Director-General Ngozi Okonjo-Iweala.

    Industry leaders acknowledged that global supply chains have so far avoided total collapse and retained a baseline level of resilience, but they stressed that persistent disruptions to key maritime corridors – most notably strategic chokepoints in the Gulf region – have stretched transport networks to breaking point and driven up every type of operational cost. When meeting with Okonjo-Iweala, participants detailed that efforts to reroute cargo through alternative sea lanes, overland connections and alternate port facilities have already hit major barriers. Most existing alternative routes are already operating at near-maximum capacity, meaning diverting shipments away from disrupted trade lanes has become both increasingly logistically difficult and far more expensive for carriers.

    One senior industry representative put the scale of the shift into stark perspective: moving the same volume of cargo that a single large container ship can carry requires roughly 70 full freight trains, highlighting just how hard it is to replace lost maritime capacity with overland alternatives. Beyond capacity constraints, executives flagged growing customs delays and logistical bottlenecks as critical, emerging threats. The rapid shift to multimodal transport and new alternative trade corridors has created extra administrative and operational frictions, slowing the movement of cargo and amplifying uncertainty for businesses that rely on just-in-time global trade networks.

    Shipping representatives laid out two core priorities to address the growing crisis: first, they called for far greater public and private investment in port infrastructure, modern logistics systems and streamlined trade facilitation measures to keep supply chains efficient and predictable. Second, they emphasized that it is critical for all nations to uphold commitments under existing international trade agreements and defend the long-standing principle of freedom of navigation for commercial vessels.

    In her response to industry concerns, Okonjo-Iweala centered the critical role that maritime shipping plays in underpinning the entire global economy, noting that more than 80% of global trade by volume travels across the world’s oceans. She called for strengthened collaborative action between national governments and the private shipping sector to tackle the emerging challenges and boost long-term supply chain resilience.

    The WTO director-general also highlighted the urgent need to fully implement proven trade facilitation reforms, including modernizing customs processes, expanding digitalization of border procedures and improving real-time information sharing between trading partner nations. She issued a clear caution against the overuse of restrictive trade measures, warning that protectionist policies and unnecessary trade barriers would only deepen supply chain disruptions and erode stability for global trade overall.
    Wednesday’s meeting gathered senior leaders from many of the world’s biggest container shipping and logistics firms, including MSC, CMA CGM, COSCO Shipping, Hapag-Lloyd, Ocean Network Express, Evergreen Marine Corporation, Yang Ming Marine Transport Corporation and China Merchants Energy Shipping, alongside leadership from major international shipping and freight industry associations.

  • Grenadian company signs on as founding member of Caribbean Special Economic Zone Association

    Grenadian company signs on as founding member of Caribbean Special Economic Zone Association

    A landmark step toward coordinated regional economic development has been taken in the Caribbean, as Grenada-based domestic economic development firm Citez Grenada Ltd. has formalized its role as a founding member of the newly launched Caribbean Special Economic Zone Association (Cari SEZA). The move paves the way for greater Eastern Caribbean representation in the fast-expanding regional movement to upgrade the design, governance, operational performance and global profile of special economic zones (SEZs) across the Caribbean basin.

    Cari SEZA operates as an independent, non-governmental not-for-profit entity created to streamline collaboration between Caribbean SEZs, national investment promotion agencies, regional policymakers, and global industry partners. The initiative draws institutional backing from key regional and international stakeholders, including regional government leaders, the World Free Zones Organisation (WFZO), the Caribbean Association of Investment Promotion Agencies (CAIPA), and the Jamaica Special Economic Zone Authority — all of which served as lead thought partners and co-developers of the association’s foundational framework.

    The Cari SEZA framework was first unveiled to global industry leaders during the WFZO’s 12th Annual World Congress held in Panama City, where it received formal endorsement from dozens of Caribbean SEZs and regional regulatory authorities. Industry observers frame the launch of the association as a critical leap forward for the Caribbean, granting the region a unified, more influential voice in the global free zones ecosystem that shapes global trade and investment trends.

    For Citez Grenada, its early membership in Cari SEZA aligns directly with the company’s core mission: positioning the Eastern Caribbean as a competitive strategic hub for cross-border trade, foreign direct investment, business services, tourism, cultural exports, digital technology, workforce development, and next-generation industries. Citez Grenada is currently advancing plans for a large-scale, private-sector-led economic development project spanning more than 100 acres, with a focus on integrated physical infrastructure development, digital business onboarding, end-to-end business support services, investment facilitation, migration-linked business support, workforce upskilling, partnerships with local suppliers, and long-term sustainable enterprise growth.

    Cory Zufelt, founder of Citez Grenada Ltd., emphasized that early membership is rooted in a commitment to ensuring Eastern Caribbean interests are centered from the association’s earliest stages. “Grenada has a unique opportunity to help shape the next generation of Caribbean economic zones,” Zufelt explained. “Free zones have evolved far beyond their traditional roots in warehousing, manufacturing, and tax incentives. Today, they function as global platforms for advanced services, digital trade, cross-border investment, tourism development, cultural entrepreneurship, innovation, workforce development, and transparent, sustainable commerce. Citez Grenada is proud to support the launch of Cari SEZA and secure a seat at the table for Grenada as the region builds a more coordinated approach to SEZ development.”

    The launch of Cari SEZA comes at a pivotal moment for Caribbean economies, which are actively pursuing new strategies to attract resilient, long-term foreign investment, diversify their economic bases beyond traditional sectors such as commodity exports and mass tourism, and build integrated regional platforms that compete on the global stage. Citez leadership notes that Grenada is well-positioned to play an outsized role in this new chapter by developing a modern, transparent, locally rooted, and globally connected SEZ platform that creates shared value for international investors, local businesses, workers, domestic entrepreneurs, and Grenadians both at home and in the global diaspora.

    “Our core goal is to create a model that connects global capital to local opportunity,” Zufelt added. “For Grenada, that means building clear pathways for new business formation, expansion of cultural exports, workforce upskilling, growth of digital services, tourism-linked investment, and scaling of local enterprises. Membership in Cari SEZA strengthens our ability to learn from regional and international peers, collaborate on shared priorities, and align our work with global best practices for SEZ development.”

    As a Grenadian-owned economic development firm, Citez Grenada focuses exclusively on building integrated platforms to support trade, investment, business services, migration-linked economic integration, workforce development, digital onboarding, and future-ready industries across the Eastern Caribbean. Its flagship proposed private-sector-led project is designed to establish the subregion as a strategic connector for global business, investment, tourism, culture, and innovation.

  • Antigua Breaks Ground on US$200 Million Long Bay Zen Resort

    Antigua Breaks Ground on US$200 Million Long Bay Zen Resort

    A new chapter of tourism-focused growth has opened for Antigua and Barbuda, following an official groundbreaking ceremony for the Long Bay Zen Resort along the island nation’s eastern Antigua coastline. The milestone marks one of the most substantial private investments aligned with the country’s landmark Vision 2030 national development and tourism transformation agenda, bringing a fresh focus on sustainable luxury and wellness travel to the Caribbean destination.

    Valued at an estimated $200 million, the luxury development is positioned to reshape the local tourism landscape by elevating the country’s offerings in experiential and wellness travel, while delivering tangible long-term benefits including expanded sustainable economic output, new local job opportunities, and a more diverse national tourism portfolio that goes beyond traditional beach vacation offerings.

    Speaking at the groundbreaking event, Charles Fernandez, the country’s Minister of Tourism, Civil Aviation, Transportation and Investment, framed the project as a game-changing investment that perfectly matches the shifting goals of Antigua and Barbuda’s evolving tourism strategy. “This project represents a new direction for tourism in Antigua and Barbuda,” Fernandez shared at the ceremony. “Long Bay Zen Resort embodies the evolving demands of the modern traveler — one who seeks more than just accommodation, but experience, wellness, authenticity, tranquility and connection.”

    Fernandez emphasized the project comes at a critical juncture for Antigua and Barbuda’s tourism sector, which is currently in a period of rapid expansion focused on growing international air access and upgrading core tourism infrastructure. “As our airport expansion continues and as we aggressively pursue increased airlift and new international routes into Antigua and Barbuda, the demand for quality room stock continues to grow,” Fernandez explained. “Developments such as this position us strongly for the future.”

    The minister added that the resort directly advances the government’s broader Tourism Vision 2030 framework, which is built around five core pillars: sustainability, innovation, high-value luxury development, local community engagement, and long-term national economic resilience. “This project forms part of our broader Tourism Vision 2030, a vision focused on sustainability, innovation, luxury development, community involvement and long-term economic resilience,” he said.

    Sophie Zhong, lead developer for the project, echoed the government’s vision, noting that the resort was specifically designed to answer the call for a smarter, more climate-resilient and sustainable future for Antigua and Barbuda laid out by Prime Minister Browne’s administration. “Antigua and Barbuda is already a champion of sustainable tourism. Prime Minister Browne has taken that further. He has set a bold vision for a Smart Island future — where renewable energy, artificial intelligence, and climate resilience shape how this nation welcomes the world. Long Bay Zen Resort is our answer to that call,” Zhong stated.

    Planned around the popular contemporary “quiet luxury” design philosophy, the resort will feature 113 high-end accommodations that prioritize understated elegance, guest wellness, and seamless integration with the unspoiled natural coastal landscape of Long Bay. “With rising visitor numbers and record air connectivity, demand for the very best Antigua has to offer has never been stronger. We are responding with 113 luxury keys, built in the spirit of quiet luxury — understated, refined, and deeply connected to this landscape,” Zhong said.

    One of the resort’s most unique signature amenities will be an overwater chapel, a feature developed to strengthen Antigua and Barbuda’s standing as a top global destination for luxury weddings. “I believe it will further cement Antigua’s reputation as the Caribbean’s premier destination wedding location,” she added.

    Aligning with the national sustainability and smart island goals, the development will integrate a full suite of green and smart technology features, including on-site renewable energy generation, low-carbon building and operational systems, AI-powered personalized guest services, and automated low-emission transportation for guests across the resort property. “At the heart of this resort is our commitment to sustainability. We rely heavily on green energy, with low-carbon operations designed to leave the lightest possible footprint on this protected coastline,” Zhong explained.

    Preparatory work is already well underway: demolition of existing structures on the site has been completed, with full-scale main construction set to kick off in the fourth quarter of this year. Developers have indicated they expect to move through the construction phase at an accelerated pace to meet projected opening timelines.