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Saint Lucia Investment Climate


The island nation has been able to attract foreign business and investment, especially in its offshore banking and tourism industries, with a surge in foreign direct investment in 2006, attributed to the construction of several tourism projects. Tourism is the main source of foreign exchange, with almost 900,000 arrivals in 2007. The manufacturing sector is the most diverse in the Eastern Caribbean area, and the government is trying to revitalize the banana industry. Saint Lucia is vulnerable to a variety of external shocks including declines in European Union banana preferences, volatile tourism receipts, natural disasters, and dependence on foreign oil. High debt servicing obligations constrain the KING administration's ability to respond to adverse external shocks. Economic fundamentals remain solid, even though unemployment needs to be reduced. Current Exchange Rate for Saint Lucia.

# Article Title
1 Saint Lucia Geography
2 Saint Lucia Demographics
3 Saint Lucia Introduction
4 Saint Lucia Government
5 Saint Lucia Economy
6 Saint Lucia Transportation Infrastructure
7 Saint Lucia Communications Infrastructure
8 Saint Lucia Transnational Issues
9 Saint Lucia Investment Analysis
 
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