BUDGET EXCERPT TOURISM
As pledged in the 2018 Budget, the Government of Saint Vincent and the Grenadines will be directly involved in the construction of almost 350 new, high-quality hotel rooms on mainland Saint Vincent.
At Mt. Wynne, we have secured US$50 million to commence construction of a 250-room resort, which will be the country’s largest hotel and the first mainland resort to be managed by an internationally-recognised brand.
The designs of this hotel are well advanced, and promise to be a unique and standard-setting statement of Saint Vincent and the Grenadines’ entry into the Caribbean mass tourism sector.
At Diamond, the Government will construct a 93-room facility that will take advantage of its status as the closest hotel to the Argyle International Airport.
That facility, to be constructed with support of the CARICOM Development Fund and investment from our National Insurance Services, will complement the already-constructed Hospitality and Maritime Training Institute, which is also located at the Diamond Industrial Estate.
When completed, the two hotels will directly employ over 350 Vincentians.
