PEOPLE
47,755est,2021
AREA
104 Sq Miles
CAPITAL
Basseterre
CURRENCY
Eastern Caribbean
Dollar (XCD)
STATUS
Independent
19th Sep, 1983
CARICOM JOIN DATE
July 26, 1974
Project
Overview
FUNDED
PROJECTS
9
US $8.94M
OVERVIEW
The CARICOM Development Fund (CDF) has partnered closely with the Government of St Kitts and Nevis in cohesion building by creating a more enabling environment for SMEs in the agriculture, tourism and other high-potential sectors. During Cycle 1 (2008-2015) and Cycle 2 (2016-2023), the CDF invested US$8.9 million to support a range of projects.
Planned Results of CDF projects in St Kitts and Nevis
- Reduced Vulnerability to Drought: Establishing irrigation infrastructure at Indian Castle Estate; and reducing the possibility of crop and income loss due to drought conditions made more likely by more extreme weather events.
- Strengthened Trade Capacity: Training and hands-on support to the Ministry of Trade and Industry to enhance its capacity to administer trade agreements and facilitate increased export.
- Increased Access to Credit: Increasing 100 MSMEs’ access to credit to finance innovation and growth initiatives through CDF lines of credit executed by the St Kitts and Nevis Development Bank.
- Upgraded Tourism Sector Infrastructure: Upgrading physical infrastructure at South Frigate Bay to enhance visitor/tourist experience; improve operating conditions for the 13 onsite MSMEs; and contribute to the growth of Frigate Bay as a business and tourism hub.
Our Work in St Kitts and Nevis
Procurement of a Consulting Trade Advisor, Ministry of Trade I
Status
CompletedApproval Date
7/16/2013Value (USD)
84,000Procurement of a Consulting Trade Advisor, Ministry of Trade II
Status
CompletedApproval Date
5/29/2015Value (USD)
84,000Agroindustry Market Opportunity and Trade Study by the Ministry of Trade and Industry
Status
CompletedApproval Date
1/9/2012Value (USD)
22,700CDF Executing Agencies
St Kitts Investment Promotion Agency
Development Bank of Saint Kitts and Nevis
Ministry of Tourism and International Transport
Lands
Housing
Cooperatives and Fisheries in Nevis
Ministry of International Trade
Industry
Commerce and Consumer Affairs
Ministry of Agriculture
National Focal Point
Country |
St. Kitts & Nevis |
NAME OF FOCAL POINT |
Mr. Sean Lawrence |
Position |
Director, International Trade |
CONTACT INFORMATION |
Ministry of International Trade, Industry, Commerce & Consumer Affairs Ground Floor, 1st Floor, Caribbean Credit Card Corporation Building Bladen Commercial Development Basseterre, St. KITTS Tel: +1 (869) 467-1096 Email: foreigntrade@gov.kn |
