$1.3 Billion Tourism Investment to Create 2,000 Jobs in SVG

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By R. Butcher. Updated 4:49 p.m., Wednesday, September 10, 2025, Atlantic Standard Time (GMT-4).

The Government of St. Vincent and the Grenadines announced on Monday that there will be a $1.3 billion tourism investment on mainland St. Vincent aimed at creating jobs, boosting the country’s position as a leading tourism destination, and transforming the leeward coast into a major Caribbean tourism hub.

Minister of Finance, Camillo Gonsalves, said that the official signing ceremony for Sandals Beaches and the Marriott Resort will take place soon, formally marking the beginning of construction and development of the projects.

He noted that the investment is expected to provide approximately 2,000 jobs in the tourism sector and position St. Vincent and the Grenadines as a leading tourism destination.

“Together, those two investments represent over $1.3 billion in hotel development along the leeward coast. They will generate about 2,000 jobs in the hospitality sector. Sandals is expanding; they have already begun constructing new villas and plan to increase capacity from 300 rooms to 500 at the Sandals resort in Buccament. The Beaches resort will start with 375 rooms, with plans to expand to 600. That leeward coast is set to become the epicentre of high-end, mass tourism in St. Vincent and the Grenadines, and one of the most exciting tourism strips in the Caribbean,” Minister Gonsalves said.

This information was provided by the Agency for Public Information.