The tourism industry plays an increasing role in Union Island’s economy.
“Union Island Project Development” The St. Vincent and the Grenadines Tourism Authority and all local initiatives that are on the island. We want to develop with in observance with the culture, the habitats and the nature and sustainable development is the main objective .
The Argyle International Airport is important for making a success.
The tourust industry is going through difficult times. Thats why the development on Union Island must be distinctive from other tourist locations in the Caribean.
The plan has a total of 600 rooms.
With an occupancy rate of 60 % throughout the year – and an average of two people for each hotelroom – the approximately touristtotal is round 250.000. This amount will be after 10 years after the start of development.
We would like to investigate the possibility to realize a casino in one of the
hotel facility. Another option is the realization of a casino in a later stadium on Fregat island. We hope to acquire the necessary permits in the end of 2013 first quarter of 2014. We are recently talking to investors to work with us at this stage of the project. After we get the permits a detailed business-plan must be made and an architect to design the hotel/casino and other structures also a golf course architect to design the golf course (PGA quality) and of course a specialized architect for the marina. In a later stage we will also design a casino (hopefully also on fregat island).
At this stage we want to work with the investor(s) to make this plans so we get all the necessary information out of the market. We understand that there could be fiscal benefits to start up a company in St Vincent and the Grenadines, but we need local financial advice.