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The Grenada Industrial Development Corporation (GIDC)


The Grenada Industrial Development Corporation (GIDC) is a government statutory body established by an Act of Parliment on February 27, 1985, the GIDC is the industrial development agency of the Government of Grenada charged with special responsibility to stimulate , facilitate and undertake the development of industries.

GIDC vision is one of full employment in the state of Grenada. Its mission is to stimulate and facilitate private sector domestic and foreign investment activities for the purpose of creating jobs through the promotion of investment opportunities, rendering professional investor services, nurturing existing investors, and encourging re- investment and expansion. In this regard the Corporation seeks to provide high quality , fast efficient and reliable services to investors and deliver cost effective economic benefits in the form of job opportunities and capital formation.

The GIDC is engaged in the following :-

· Promotes the merits of Grenada as an investment location

· Identifies investment opportunities

· Facilitates the investment process

· Provides aftercare services to established businesses

The services provided:-

· Facilitating initial investor/prospect inquiry

· Coordination of initial visits to Grenada to explore the viability of proposed projects

· Assistance with site selection and development, employee recruitment and training

· Assistance with arranging joint venture partnerships between Grenadian nationals and foreign investors

· Assistance with the preparation and completion of all documents and forms, including application for fiscal incentives, work permits, trade licenses etc.


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