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New legislation attracts mega-investment projects on the island

Interest in investing in Saint Lucia is increasing and Saint Lucia’s employees will be at the forefront of the developments to come!

Local and foreign investment plays a crucial role in creating new jobs and upskilling our workforce to secure competitive salaries to support their families and contribute to the development of Saint Lucia.

The Government is actively pursuing investment projects that will sustainably grow our economy, improve our infrastructure and create good-paying jobs for Saint Lucians. Prime Minister Pierre ensures that negotiations with investors focus on the needs of the citizens of Saint Lucia and the prosperity of our country.

Foreign investment in the hotel sector stalled before the Pierre-led government took office in July 2021. There was no new hotel construction following the opening of the Harbor Club in 2018. Invest Saint Lucia has since completed several investment projects. Today, hundreds of Saint Lucians are employed and working on the following development projects currently under construction.

The Courtyard Marriott at Pointe Seraphine

Galaxy Resorts in Canelles, Micoud

Cabot Saint Lucia

The Cas En Bas beach resort

Secrets Resort and Spa Saint Lucia

Each of these projects will create new business links for local service providers and open the doors to new jobs and careers for our people when they officially open in the coming months.

In his fiscal policy speech on April 23, 2024, the Prime Minister announced new measures to build on this momentum. The government is introducing new legislation that offers special incentives to attract and facilitate people Mega investment projects in Saint Lucia.

Local and foreign companies are investing billions in Saint Lucia to scale up their operations. A few more this year Mega investment projects are starting!

Rodney Bay City Center Investment Project, Gros-Islet

The Grand Hyatt Hotel in Sabwisha, Choiseul

A’ILA Resort & Spa Saint Lucia on Mount Pimard, Gros-Islet

Cote de Reve in Black Bay, Laborie

Faye Gastronomie Restaurant (Storage and warehousing), Vieux-Fort

Global Ports Holdings, Castries and Soufrière

ItelCX, Vieux-Fort

ASCENSION International Ltd, Soufriere

“… There are ample opportunities for employment and wealth creation for the people of this country.” According to Prime Minister Pierre.