The Caribbean Development Bank commissioned the International Trade Centre (ITC) to conduct a Logistics Chain Study for Grenada and Saint Lucia. The study is intended to identify challenges and analyse possible solutions to achieve logistics efficiency gains and elaborate a roadmap for each country. This report is focused on the country of Grenada.

The objectives of this study are to: 

• Review the policy and regulatory framework in the transport and logistics sector;

• Identify ongoing initiatives aimed at improving logistics performance and their impact on trade and economic development in the region;

• Quantify and qualify transport costs in the three modes of transport (i.e., sea, air, road) for imports and exports, and establish the duration and costs involved for importing and exporting through the main port;

• Identify emerging trends and propose performance indicators that are aligned to the aspects of time, cost and complexity of trade transactions; and

• Propose and recommend concrete policy and institutional measures aimed at reducing costs and improve competitiveness in the transport and logistics sector, along with identifying the main cost drivers of the proposed measures (e.g., infrastructure, human resources, training,
  etc.)