The government of Grenada has appointed Alexandra Otway as Minister of Citizenship by Investment Promotion. Ms. Otway has previously held the position of Minister of Tourism and currently holds the station of Minister of Implementation in the Prime Minister’s Office. Among her new responsibilities include the active promotion of Grenada’s Citizenship by Investment Program, while ensuring its integrity and endurance.
Grenada’s booming tourism sector and focus on sustainable development, has positioned the country as a fast-growing developing economy with a strong focus on innovation. The Hon. Minister Otway has emphasized that the strategic direction of her country is contributing to a stable real estate market with the value of properties rising at the same pace as the demand for hospitality services. She has also noted that the Citizenship by Investment Program will stay aligned with the government’s efforts to embrace and enhance the use of renewable energy through the nation’s vast geothermal energy supplies.