Two loan agreements have been signed in Washington, D.C. between the Government of Saint Lucia, through the Ministry of Finance, and two major international development partners — the OPEC Fund for International Development and the Kuwait Fund for Arab Economic Development, to finance the expansion of the Castries–Gros Islet Highway.
One agreement valued at USD 20 million was signed today October 15, 2025 with the OPEC Fund for International Development to support the Monchy–Gros Islet Junction Road Expansion Project.
The 3-kilometre upgrade will convert the existing roadway into a dual carriageway, featuring four roundabouts and four pedestrian bridges to improve traffic flow and safety.
Another agreement was signed earlier this week, on Monday, October 13, 2025, valued at USD 13 million, with the Kuwait Fund for Arab Economic Development to finance road works from after the Choc Bridge to the Marisule Junction.
This project includes widening the roadway into a dual carriageway, constructing a roundabout at Marisule, and installing drains and culverts to strengthen climate resilience.
The Castries–Gros Islet Road Enhancement Initiative aims to improve mobility, reduce traffic congestion, and support sustained economic growth along the northern corridor, the heart of Saint Lucia’s commercial, residential, and tourism activity.
Both agreements were signed by the Director of Finance on behalf of the Minister for Finance.
