GIDC
GIDC
GRENADA INDUSTRIAL DEVELOPMENT CORPORATION
continue to be a location of choice for
entrepreneurs to develop and grow businesses.
Affordable
space
for
manufacturing,
warehousing and office service operations are
available within its three (3) parks: Frequente
- St. George, Seamoon - St. Andrew and St.
Patrick.
T
he Grenada Industrial Development
Corporation (GIDC) celebrated its
30th anniversary in 2015, having
been established by the Government of
Grenada on March 1, 1985 as a statutory
body to stimulate, facilitate and encourage the
establishment and development of industry.
GIDC has evolved since its inception when it
mainly granted concessions, to now being an
economic development entity, impacting the
lives of Grenadians through its core activities.
These include Investment Promotion,
Investment Facilitation and Business Support
Services. The GIDC also owns three Business
Parks and rents facilities to businesses
ranging from manufacturing to Business
Process Outsourcing (BPO).
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GIDC’s mission is to strive to contribute to
Grenada’s socio-economic development by:
Adopting a targeting approach in promoting
investment opportunities, providing superior
investor facilitation and entrepreneurial
development services, and advocating for a
supportive enabling environment for investors
to develop and grow business, trade and
industries.
www.businessgrenada.com
Its overall strategic goal is to promote
local and foreign investment as well as
facilitate and strengthen entrepreneurial
development within the growth sectors of
Grenada’s economy. Its vision is to be a highly
ranked corporation globally, exceeding the
expectations of those served.
The Business Park facilities of the Grenada
Industrial Development Corporation (GIDC)
Employing in excess of 1,350 persons, the
current 55 enterprises operating within the
parks all have access to excellent electricity
supply, sound broad band connectivity,
security, landscaped grounds and a host of
other common facilities which enable effective
business operations. The newest addition to
the Frequente Park - its Container Parking
facility - allows persons to store 20 foot and
40 foot containers for various time durations
at very attractive rates. This facility has also
been instrumental in assisting entrepreneurs
fulfil their need for storage space.
One of the largest tenants within the
Frequente Park is Clear Harbor LLC - a US
based company. Through a partnership formed
in 2007, it commenced operations first from a
10,700 sq. ft facility. Eight (8) years later, the
The functions of GIDC’s strategic business units are:
BUSINESS UNIT
MAIN AREAS OF RESPONSIBILITIES
Investment
Promotion
Investment promotion; image building; investment generation,
facilitation of the investment process; monitoring of concession
enterprises, investor-focused aftercare services.
Business
Development
Foster a spirit of entrepreneurship, generate start-ups, and
increase competitiveness of existing micro, small and medium
sized enterprises (MSMEs) and advocate for policy changes in the
enabling environment.
Facilities
Management of facilities in three business parks.
Shared Services
Provision of support services to all SBU’s: Finance, Human
Resources, Communication, Information Systems & Technology,
Administration, Research and Legal
company has grown to operate from 36,000
sq. ft of space and now employs 640 persons.
Clear Harbor LLC provides customer care
and business process outsourcing services to
clients outside of Grenada.
As GIDC continues to promote local and
foreign investment as well as facilitate and
www.businessgrenada.com
strengthen entrepreneurial development in
Grenada, the business park facilities continue
to play a pivotal role in that process.
For more details on the park facilities,
contact Grenada Industrial Development
Corporation via email: invest@grenadaidc.
com or + 473 444-1033 – 35.
BG
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