BusinessGrenada.com Issue: 7 2016 -2017 | Page 62

GIDC

GIDC

GRENADA INDUSTRIAL DEVELOPMENT CORPORATION

The Grenada Industrial Development Corporation( GIDC) celebrated its 30th anniversary in 2015, having been established by the Government of Grenada on March 1, 1985 as a statutory body to stimulate, facilitate and encourage the establishment and development of industry. GIDC has evolved since its inception when it mainly granted concessions, to now being an economic development entity, impacting the lives of Grenadians through its core activities. These include Investment Promotion, Investment Facilitation and Business Support Services. The GIDC also owns three Business Parks and rents facilities to businesses ranging from manufacturing to Business Process Outsourcing( BPO).

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GIDC’ s mission is to strive to contribute to Grenada’ s socio-economic development by:
Adopting a targeting approach in promoting investment opportunities, providing superior investor facilitation and entrepreneurial development services, and advocating for a supportive enabling environment for investors to develop and grow business, trade and industries.
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Its overall strategic goal is to promote local and foreign investment as well as facilitate and strengthen entrepreneurial development within the growth sectors of Grenada’ s economy. Its vision is to be a highly ranked corporation globally, exceeding the expectations of those served.
The Business Park facilities of the Grenada Industrial Development Corporation( GIDC)