AGP Executive Report
Last update: an hour agoTelecom & Infrastructure: EllaLink has officially launched its Caribbean Gateway (ECG), a new open-access, carrier-neutral submarine cable linking Cayenne (French Guiana) to Martinique and Guadeloupe, with a western leg to Aruba, Curaçao and Bonaire; the project moves from design to committed investment, with letters of intent to be converted into binding commitments, financing to be completed, and a target to enter service by end-2029. Overseas Economy & Investment: France’s Overseas Territories Minister Naïma Moutchou unveiled the “Outre-mer One” fund at a Paris summit, already exceeding €30m, aiming to shift from subsidies to commercially viable investment for businesses across French overseas territories. Air Connectivity: Caribbean Airlines announced the resumption of passenger flights between Trinidad and Caracas from Oct. 31, plus a new weekly non-stop service to Toronto from Oct. 25 and charter flights to Panama from Dec. 1. Local Business & Culture: A French baker has bought a long-running English Market stall in Cork after nearly 30 years, highlighting how heritage food businesses keep evolving. Tourism Demand Signals: New travel data shows Caribbean arrivals vary sharply by group type—couples driving demand for Sint Maarten, Saint Lucia and Aruba, while families lean toward Cayman Islands, Curaçao and USVI.
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