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Large Scale Investment Opportunities
REF NO. 19849599 Large Scale Investment Opportunities
OPPORTUNITY OVERVIEW
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• EcoMarine Commercial Port: Construction of a state of the art, multi-service shipyard and ancillary facilities comprising Industrial ship building and repair, retrofit and revitalization facility, vessel berths, dry docks. Maritime research & educational facility and a maritime industrial complex
• Offshore Hydrogen: Transform natural gas discoveries to hydrogen. marine vessel technology shift to LNG and hydrogen. Barbados will be position to participate in related bunkering opportunities. Offshore drillings schedule to begin in 2025
• Ocean Thermal Energy Conversion: Transform Cold Ocean Temperature to
Energy. This is the most expensive RE technology and is considered a key area for energy innovation.
• Offshore Wind: Barbados has excellent wind conditions in the north and south of the island
ORGANISATION INFORMATION:
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INVESTMENT OPTIONS:
• EcoMarine Commercial Port: Investment required - USD $150 Million
• Offshore Hydrogen: Investment Requirement - USD$300 Million
• Ocean Thermal Energy Conversion: Best investment capacity 60MW - Investment Requirement - $900 Million
• Offshore Wind: 300+ MW of wind capacity, IRR averaging 15%-18% - Investment Requirement: USD $1 Billion
FINANCIALS
KEY CONTACT
AGRICULTURE
Barbados imports approximately 80% of the food consumed, and therefore the island’s agricultural sector is focused on food security and the mitigation of the effects of climate change.
There are several opportunities available for those interested in investing in the agricultural sector of Barbados. Due to the limited land space available for conventional agriculture (approx. 27,000 acres)investors are encouraged to consider hydroponic farming and aquaculture
The University of the West Indies, Cave Hill Campus also announced plans to develop the “UWI-Dukes Agri-business Development Park”. It is envisaged that the park will be used for farming, agro-processing, cutting-edge agri-business research, chocolate manufacturing, cotton processing and will also include a training facility and food standards laboratory, among other services.
