Yachting sector contributes EC$130M to the economy
Jul 19, 2013
ST.GEORGE’S, Grenada, CMC – The yachting sector has provided a significant boost to the economy, based on the results of a survey conducted between May 2012 and April 2013 . The survey revealed that the sector’s net contribution to Grenada was EC$130 million with repairs and maintenance is responsible for 25% of the amount. President of the Marine and Yachting Association (MAYAG), Anita Sutton said the study included three surveys – of yachts, business establishments who wholly or partially provide goods and services and individuals.
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