AGP Executive Report
Last update: 10 hours agoAI and Innovation: Barbados is among the countries set to present AI ventures at a Caribbean investor showcase hosted by the New York Stock Exchange on November 13, featuring solutions for areas including energy, tourism and healthcare. Wave Energy: Danish firm Wavepiston has signed an agreement with Barbados’ Ministry of Industry, Innovation, Science and Technology to develop a project aimed at supplying ocean energy and desalinated water to an industrial park in St. Andrew. Pharmaceutical Research and Manufacturing: Barbados, Nigeria and Afreximbank have advanced plans for a US$32 million IV-fluid plant, with production targeted for 2029 pending approvals and financing. Agricultural Science: A regional sugarcane workshop in Barbados is focusing on breeding and molecular biology to improve local varieties as researchers consider how to revive declining production. Research and Development: Harris Paints has opened a new R&D laboratory in Barbados, adding local research capacity. Climate Resilience: Barbados is investing US$3.5 million in climate-resilient agriculture.
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