SVG missing out on Yachting revenue -Tourism Minister
MINISTER OF TOURISM, Civil Aviation and Sustainable Development, Dr. Kishore Shallow, believes that St.Vincent and the Grenadines (SVG) is not fully capitalising on the economic benefits of the yachting sector, despite a significant number of vessels passing through its waters.
Speaking on NBC Radio on March 25, 2026 the tourism minister pointed out that an estimated 36 percent of yachts in the Eastern Caribbean travel through this country, but many of them are not being serviced locally, resulting in loss of revenue and they move on to other destinations.
The minister said improving marina development and strengthening infrastructure to accommodate yachts is now a priority, as the government works to increase visitor spending and enhance the overall tourism
product. The minister also stressed that maintaining a balance between tourism growth and environmental protection remains a key priority for SVG, pointing out
that while increasing visitor numbers is important, it must not come at the expense of the country’s natural resources. He added that tourism development must be approached in a way that is both environmentally and economically sustainable.
In light of this, the minister highlighted ongoing efforts to promote environmentally responsible practices within the sector, including waste management and recycling initiatives, noting that long-term success depends on preserving the environment. (API)
