AGP Executive Report
Last update: 11 hours agoAirport & Ports Buildout: Turks and Caicos is pushing ahead with a US$500M national airport programme, with work moving on Terminal B at Howard Hamilton, radar and runway planning for North Caicos, and broader seaport and road upgrades. Hotel Pipeline on Grace Bay: Corinthia is set to develop a 50-suite ultra-luxury Corinthia-branded hotel plus serviced residences on the last undeveloped beachfront parcel, while another Grace Bay project (Kempinski) faces debate over proposed rock groynes to address erosion. Investment & Governance: Invest Turks and Caicos held its 5th AGM focused on investment growth and workforce opportunity, as local commentary calls for more concrete transparency around major infrastructure spending. All-Inclusive Tourism Deal Ripple: Royal Caribbean and Sandals Resorts have signed a landmark partnership (50% stake for about US$3B), with Beaches Resorts already tied to Turks & Caicos—raising expectations for more regional resort and cruise connections. Financial Services Oversight: The FSC says it’s refining its risk-based supervision to target the biggest risks across the financial sector. Health Milestones: PAHO reports Turks and Caicos achieved certification for elimination of mother-to-child transmission of hepatitis B, alongside broader Americas health gains.
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