AGP Executive Report
Last update: 10 hours agoMartinique Finance: The Territorial Collectivity of Martinique has adopted a €69 million recovery plan for 2027-2028 to tackle a debt close to €1 billion, aiming to restore financial stability by tightening operating spending, reducing staff through non-replacement of some retirements, cutting certain school-related grants, selling real estate and divesting assets, while also creating a new revenue stream via a regional and rural mobility levy. Caribbean Connectivity: EllaLink has officially launched the EllaLink Caribbean Gateway initiative, a new submarine cable system linking Cayenne (French Guiana) to Martinique and Guadeloupe, with a western segment serving Aruba, Curaçao and Bonaire, moving from letters of intent to committed investment with service targeted for end-2029. Cruise Capacity: MSC Cruises says nine ships will operate in the Caribbean in the 2027-28 winter season, including new deployments from Martinique and Guadeloupe, and the debut of MSC World Atlantic. Sports Tourism: Grenada and Carriacou will host the Grenada & Carriacou Open Water Swim (Nov. 19-22, 2026), combining races with destination experiences to boost visitor spend year-round. Local Business & Trade Watch: A wider Caribbean business angle also appears in the region’s growing event calendar and international investment push.
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