The management of Grenada Sustainable Aquaculture is pleased to provide this project for sustainable shrimp farming. With the appropriate government approvals in place, this Grenada Company has been founded and endorsed by the government of Grenada as an approved Citizenship by Investment (CBI) Project. Our environmentally friendly approach to aquaculture can offer significant economic growth in a new industry that will diversify the economy. Our goal for this project at maturity is to substantially add to the Gross Domestic Product (GDP) of Grenada while creating more than 400 new local jobs.
Grenada Sustainable Aquaculture is building a Recirculating Aquaculture System, also known as RAS or Zero Water System to produce Jumbo, Extra Jumbo and Colossal Shrimp with exquisite flavor, using no antibiotics or chemicals; all the shrimp is natural. This production will initially start with Pacific White Shrimp, Litopenaeus vannamei, but may further diversify into other species in the future. The shrimp will be sold to regional resorts, the cruise lines and the booming South American market as well as US distributors to capture part of the growing $20.2 billion dollar US seafood import market.
The venture proposed is designed to be a proﬁtable business with signiﬁcant local economic impact. While initial investment is required, this proﬁtable venture should continue to sustain jobs and grow investor wealth without ongoing infusions of capital.
The venture proposed is carefully planned to avoid any measurable detriment to the environment such that operations can continue perpetually, or even provide environmental and societal beneﬁts. It is speciﬁcally planned to be synergistic with the ﬁshing industry.
This effort will require a total investment of around $39 million. After discussions with the US Overseas Private Investment Corporation (OPIC), our goal is to combine $20 million of investor (Government of Grenada and Principals) and CBI funds, and with up to $19 million of OPIC ﬁnancing, as required, to further compound the return for CBI investors. The proposed plan is tailored to produce a cash ﬂow positive farm in three years, with a minimum return of 6%. Returns will vary somewhat based on the investment phase of the project.
The GSA Team boasts a senior international staff with over 150 years of business building and management experience. The product development team hails from senior management positions in the top companies in Europe and the United States. Their ability to implement product development and distribution utilizing cost efﬁcient solutions is unsurpassed in the industry.
The Team offers more than 275 years of combined experience and each is considered a world-class expert within their discipline.
Sustainable seafood is a growing world need. Grenada Sustainable Aquaculture (GSA) was formed to address this need with leading and innovative practices in Grenada.
Together our team combines the best of ﬁnance, technology, biology & training for the most advanced approach in sustainable seafood production.
Our expert team can instantly provide you with more information about the Citizenship by Investment Project. Simply fill the enquiry form by clicking below and one of our agents will get in touch with shortly.