Minister of Finance Camilo Gonsalves said the AIA is the cornerstone of attracting business and investors to St Vincent and the Grenadines.
Gonsalves made this point while speaking at AIA one year celebration rally at Johnson Hill in Argyle.
He said a major fisheries investment will take place at Calliaqua.
He said this investment will see lobster, fish, and conch being exported from SVG to Asian countries such as Hong Kong and Japan.
Japan’s biggest seafood supplier during the period was China, from which Japan imported $1.028bn worth of seafood, up 6.8% year-on-year.
As much as 90 percent of the seafood consumed in Hong Kong is from overseas according to Allen To, manager, oceans sustainability, for the WWF.
Gonsalves further stated more hotel developments are on the agenda for this country.
While the minister did not state who the investors were, he further stated that on March 6th officials from a major hotel chain would be in SVG to discuss hotel development.
The fiancé minister told the gathering that call centers are also on the agenda for the island, he, however, did not elaborate on this development.