Government TPR |
WT/TPR/G/299/REV.1 |
G-III§1 |
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2014 |
Trade Policy Framework |
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The Growth and Social Protection Strategy (GSPS) identifies the challenges facing Dominica as those related to accelerating growth in the economy that can be sustainable. The challenges are economic, social, political, and environmental, some of which are beyond the control of Dominica. Dominica continues to be challenged by the global economic crisis, weather systems, and setbacks in foreign investments flows.
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Government TPR |
WT/TPR/G/299/REV.1 |
G-IV§2 |
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2014 |
Trade Policy Framework |
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Priorities set in this document make poverty reduction the direct focus of the Government's economic and social policy. Government regards the pursuit of sustained strong economic growth to be the main strategy to alleviate poverty.
(…)
The main objectives of the GSPS include:
(…)
• The attainment of sustainable growth and development.
• A reduction in vulnerability to shocks – economic and natural disasters.
(…)
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Government TPR |
WT/TPR/G/299/REV.1 |
G-V§7 |
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2014 |
Sectors |
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Agriculture |
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The Government of Dominica also plans to launch an Agricultural Festival, affectionately referred to as "Agri Fess"; the purpose of this initiative is to bring to the fore new developments in agriculture with a view to stimulate interest and bring new ideas in agriculture. The goal: sustainability in agriculture and agricultural practices. The Festival is carded for the week of the 12 day of May 2014.
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Government TPR |
WT/TPR/G/299/REV.1 |
G-V§17 |
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2014 |
Sectors |
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Energy |
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Dominica's long term goals in this sector, however, are to explore and utilize renewable and alternative energy potential. Several options have been and are being explored. This includes the generation of hydroelectricity. Dominica's rugged terrain, high rainfall and many rivers makes it well endowed for harnessing hydroelectric energy. A hydroelectric plant already exists on the island while several studies have been conducted on the expansion of hydroelectric generation.
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Government TPR |
WT/TPR/G/299/REV.1 |
G-V§22 |
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2014 |
Sectors |
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Energy |
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The Government of Dominica has also looked at wind and solar energy as other alternative sources. Government has facilitated the electricity company with feasibility studies for the development of a wind farm, with funding from the OAS. The use of solar power in housing and commercial building has also been explored.
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Government TPR |
WT/TPR/G/299/REV.1 |
G-V§18 |
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2014 |
Sectors |
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Energy |
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Another option is geo-thermal energy. A significant investment of EC$12,475,987 was made by the Government of Dominica between January and June 2013 for the undertaking of geothermal development works in the Roseau Valley. This included drilling and site preparation works. The Government has already invested over EC$31 million for the exploratory phase of the geothermal project. Government is currently pursuing the construction of a small power plant which will concentrate of local consumption.
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Government TPR |
WT/TPR/G/299/REV.1 |
G-V§19 |
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2014 |
Sectors |
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Energy |
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Plans are also in place to construct a large power plant which will facilitate the export of electricity generated through geothermal energy sources to the neighbouring French territories of Guadeloupe and Martinique. This is all as a result of the Government's drive to ensure that Dominica becomes the first carbon negative economy in the hemisphere.
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Government TPR |
WT/TPR/G/299/REV.1 |
G-V§20 |
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2014 |
Sectors |
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Energy |
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From 26 to 27 September 2013, the Ministry of Public Works, Energy and Ports of the Government of the Commonwealth of Dominica with support from the World Bank (SIDS DOCK) convened a Geothermal Development Partners Forum in Roseau, Dominica. The purpose of the Forum is to bring together technical and financial public and private sector partners and potential partners who have an interest in furthering the development of Dominica's geothermal energy programme, and specifically, the commercialization of the geothermal resource to provide clean, low cost renewable electricity to local consumers in the first instance, and to export electricity to regional markets in a subsequent development phase.
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Government TPR |
WT/TPR/G/299/REV.1 |
G-V§1 |
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2014 |
Trade Policy Framework |
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(…) Eco-tourism, agro-industries, niche-focused agriculture, water, and the quarrying of sand and aggregate are some of the natural resource based industries which Dominica enjoys some comparative advantage and have great potential to generate employment and income growth opportunities. (…)
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Government TPR |
WT/TPR/G/299/REV.1 |
G-VI§5 |
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2014 |
Sectors |
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Energy |
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[6.4. A citizenship by Investment Unit was also established in accordance with the Citizen by Investment Act No. 43 of 2013. This Unit is responsible for processing all applications for Citizenship by Investment. The Act provides for applicants to qualify for citizenship through a cash investment, a minimum contribution of "…US$100,000 for a single applicant; US$175,000 for an applicant and spouse; US$200,000 for an applicant plus spouse and two children below the age of eighteen years…".]
(…) monies received from this investment scheme has been used to finance the ongoing Geothermal Energy Project.
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