AGP Executive Report
Last update: 4 hours agoInvestment Climate: World Bank President Ajay Banga urged Barbados to cut red tape and financing costs to attract more private investment, saying the island’s regulatory efficiency could give it an edge over competitors. Manufacturing: A proposed US$64 million IV-fluid plant at Grantley Adams Industrial Estate could create more than 200 jobs and produce up to 12 million bags a year for local and regional markets. Climate-Smart Agriculture: Barbados is investing US$3.5 million over four years to help farmers adapt to drought and heat, with training and financing support planned for at least 400 farmers. Innovation: Harris Paints has opened a research and development laboratory and expects to complete testing of heat-repellent paint for farms by year-end.
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