Caribbean Infrastructure - Page 2 of 17

USACE pioneers sustainable wood management in Puerto Rico
March 13, 2025
The U.S. Army Corps of Engineers (USACE) Caribbean District is integrating responsible tree disposal management into its construction contracts in Puerto Rico. As part of the US$150.7 million Franklin Delano Roosevelt Avenue Bridge replacement project, removed trees are being repurposed at a sawmill instead of being sent to landfills. The initiative promotes sustainable wood reuse […]
Grenada opens first climate-smart fisher facility to boost resilience and sustainability
February 28, 2025
The Nature Conservancy (TNC), in partnership with Grenada’s government and international organizations, has inaugurated the island’s first Climate-Smart Fisher Facility in Soubise, St. Andrew. The facility integrates renewable energy, rainwater harvesting, and coastal protection measures to enhance the resilience of the local fishing community while mitigating climate change impacts. In addition to supporting fishers with […]
Bahamas signs US$200 million agreement with Afreximbank to boost infrastructure and trade
February 28, 2025
Bahamas Prime Minister Philip Davis signed a US$200 million framework agreement with Afreximbank which aims to develop climate-resilient and trade-enhancing infrastructure. The agreement is expected to support projects in road construction, energy, and economic development. Source: Tribune 242
EU and Hispasat partner to strengthen digital connectivity in the Caribbean
February 28, 2025
The European Union (EU) has signed a Memorandum of Understanding (MoU) with Hispasat to enhance broadband access and digital sovereignty in the Caribbean. The initiative aligns with the EU-LAC Digital Alliance and offers regional alternatives to external digital investments. Source: EUReporter
CAF and Barbados sign US$75 million agreement to boost heritage tourism and infrastructure
February 28, 2025
CAF and Barbados have signed a US$75 million agreement to enhance cultural heritage preservation, tourism, and infrastructure modernization under the Reclaiming Our Atlantic Destiny (ROAD) Program. The initiative aims to strengthen Barbados’ historical and cultural connections, supporting national development through heritage tourism. Source: CAF
Health City Cayman invests US$4.1 million in Bahamas’ Doctors Hospital for healthcare expansion
February 28, 2025
Health City Cayman Islands has invested $4.1 million to acquire 500,000 shares in Doctors Hospital Health System in the Bahamas, marking its first major healthcare investment outside of Cayman. The deal, effective Feb. 12, will support the expansion of surgical services and improve healthcare access across The Bahamas and beyond. This transaction is also expected […]
CAPRI launches China-CARICOM portal to track Chinese projects in the Caribbean
February 6, 2025
The Caribbean Policy Research Institute (CAPRI) has launched the China-CARICOM Portal, a digital platform analyzing China’s diplomatic and economic projects in Antigua and Barbuda and the wider Caribbean. The portal maps over 800 Chinese projects across the region from 2013 to 2023 and aims to help policymakers and researchers make informed decisions about China-Caribbean relations. […]
Virgin Islands secures US$250,000 grant to strengthen healthcare infrastructure and resilience
February 6, 2025
The Ministry of Health and Social Development has secured a US$250,000 grant from the OECS and Direct Relief under the Enhancing Health Infrastructure and Resilience Project (EHIR) to improve healthcare infrastructure and address climate-related health challenges in the Virgin Islands. The funds will support standby backup power for healthcare facilities, cold chain strengthening, and medical […]
Nevis Premier unveils US$101 million budget focused on jobs and economic growth
January 23, 2025
Nevis Premier Mark Brantley unveiled a US$101 million budget for 2025, prioritizing job creation, economic resilience, and sustainable growth. Brantley highlighted plans to leverage public-private partnerships and innovative solutions to improve wages and living standards while securing the island’s economic future. Source: IBTimes