Established in 1985, the Frequente Industrial Park is our flagship business park and houses the headquarters of the Grenada Investment Development Corporation. Located off the Maurice Bishop Highway in St. George, this park sits on 25 acres of land with nineteen(19) buildings and approximately 198,000 sq. ft. of space.
Park Features & Benefits
5.3 miles from St. George’s. Grenada’s capital, the prime area for commercial business activity and financial services
1.3 miles from the campus of the world-renowned St. George’s University
Highest concentration of Student and Hotel accommodation within a 4.5 mile radius
Highest concentration of gated communities within a 5 mile radius
Second highest to the Capital for commercial business activity and financial sector
Base to national and special service like our Coast Guard and Special Services Unit (SSU)
5 miles to all major courier and shipping services
Highest concentration of Marinas within a 5 mile radius
Situated within 5.3 miles of primary health, emergency and protective services such as Health clinics, our General Hospital, Fire and Police Services.
Ready to Get Started?
Our Application Process
Jumpstart your business and apply for tenancy at our Frequente Park
Download and complete the application form
Submit the application along with the following supporting documents:
- Certificate of Incorporation / Business Name Registration
- Notice of last registered address
- Articles of Incorporation/ Business Particulars
- Company by-laws
- Notice of Directors
- Business Plan (New Business)
- letter of good standing from Financial Institution
- Proof of NIS and Inland Revenue registration (New Business) / Compliance letters (Existing Business)
- Business Plan (New Business)
- Letter of Interest
- Alien Landholder’s license (at least one (1) director is foreign)
The GIDC will evaluate the application and supporting documents, and will contact the client to inform them whether their application is approved or not.
Once an application is approved, the tenancy commencement process begins.
Document Checklists
- Application form
- Letter of interest
- Certificate of Incorporation/ Business Name Registration
- Notice of last registered address
- Articles of Incorporation / Business Particulars
- Company by-laws
- Notice of Directors
- A letter from a financial institution for good financial standing
- Business Plan (New Business)
- Proof of NIS and Inland Revenue Registration (New Business)/ Compliance letters (Existing Business)
- Alien Landholder’s License (At least one (1) Director is Foreign)
For existing tenants interested in business expansion:
- Formal Request
- Project Specifications and drawings
- Scope of Works/ Work Breakdown Schedule
- Bill of Quantity
- Contractor Details
- Project Costing
- Physical Planning approval (upon GIDC approval)
Factory Shell Spaces
Our buildings can be repurposed to accommodate any size businesses to a maximum area of 18,000. Rates per square feet range vary and are revised each year. Current rates are as follows:
Business Activity | Rates |
---|---|
Manufacturing | 1.60 |
Services | 1.50 |
Warehousing | 1.60 |
ICT | 2.50 |
Office | 2.50 |
Basement | 1.00 |
Need more details? Kindly call us for more information on our rates
Additional VAT charges will apply | Lease Terms are for 5 years
Position your business for success
Reasons to Stay & Invest
Whether you are considering starting a business or have already invested, you can qualify for a range of investment incentives.
Grenada has undergone a review of its incentives programs and has revised its Investment Incentive Framework to one that is streamlined, transparent, performance-based, and compliant with international laws and regulations.
Investors are free to operate in all fields of lawful economic activity at our park. CARICOM nationals/companies are accorded Rights of Establishment and can establish a business and import their managerial, supervisory, or technical staff.
Want to learn more about doing business in Grenada, visit our Investment Promotion Site.