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The economy of Saint Vincent and the Grenadines is heavily dependent on agriculture, being the world's leading producer of arrowroot and grows other exotic fruit, vegetables and root crops. Bananas alone account for upwards of 60% of the work force and 50% of merchandise exports in Saint Vincent and the Grenadines. Such reliance on a single crop makes the economy vulnerable to external factors. St. Vincent's banana growers benefited from preferential access to the European market. In view of the European Union's announced phase-out of this preferred access, economic diversification is a priority. Tourism has grown to become a very important part of the economy. In 1993, tourism supplanted banana exports as the chief source of foreign exchange. The Grenadines have become a favourite of the up-market yachting crowd. The trend toward increasing tourism revenues will likely continue. In 1996, new cruise ship and ferry berths came on-line, sharply increasing the number of passenger arrivals. In 1998, total visitor arrivals stood at 202,109 with United States visitors constituting 2.7%, as most of the nation's tourists are from other countries in the Caribbean and the United Kingdom. Figures from 2005 record tourism's contribution to the economy at US$90 million.
We collect the information about Saint Vincent and The Grenadines Global Tenders, Advertised Tender Notices, EOI, Procurement News, Project Information, Contract Awards, RFPs, RFQs, Bidding Information from various sources like: Saint Vincent and The Grenadines official government tender websites, Saint Vincent and The Grenadines e-tendering system, periodicals and newspapers. And some organiztions from Saint Vincent and The Grenadines send the tender notices to be published directly to us.
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Tender Notices - Request for Proposal/Request for Quotation or Tenders is an invitation for suppliers, often through a bidding process, to submit a proposal on a specific product/work/service.
GlobalTenders Project Information from Saint Vincent and The Grenadines
Project Information - Projects come much before tenders in the project life-cycle. Projects are "broad" notices indicating the sector in which the buyer will procure goods or services in future. This helps manufacturers/suppliers to get ready and arrange for resources for the future big orders and they can plan the expansion of their business.
GlobalTenders Procurement News from Saint Vincent and The Grenadines
Procurement News - Procurement News provides business development opportunities from the private and public sector, subcontracting opportunities in the form of contract award news, a way to keep you updated all the time. It keeps updated with all the changes in your industry.
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