Abu Dhabi, UAE – September 8th, 2025 – On the sidelines of the Africa Caribbean Trade and Investment Forum (ACTIF2025), Premier Investment Partners Limited (PIPL), an investment advisory and fund management firm, signed a landmark strategic agreement with Mariculture Systems Ltd and the Grenada Investment Development Corporation (GIDC) to support the launch of a transformative USD 80 million open-sea aquaculture project in Grenada.
The pioneering initiative will boost Grenada’s fish export capacity and accelerate the development of its Blue Economy. Over the course of 24 months, the project aims to achieve an annual production output of up to 10,000 tons of fish, setting a new benchmark for sustainable aquaculture in the region. Leveraging cutting-edge technology and a strong focus on community engagement, the project will integrate environmental responsibility with inclusive local development.
“Premier Investment Partners Limited is proud to support Grenada’s bold vision for a sustainable Blue Economy,” said Rene Awambeng, signing on behalf of PIPL. “This initiative will enhance food security, create economic opportunities, and empower coastal communities through targeted knowledge transfer and skills development.”
H.E. Ambassador Richard Nixon, who signed on behalf of the GIDC, emphasized Grenada’s commitment to sustainable growth:
“This agreement reflects Grenada’s dedication to innovation and economic diversification. The GIDC is proud to facilitate this landmark initiative, which aligns with our national development priorities and environmental stewardship goals.”
Yaron Bar-Tal, signing on behalf of Mariculture Systems Ltd, added:
“We are proud and excited about the opportunity to bring our world-class, large scale, offshore, aquaculture “CORALIS” technology to Grenada while ensuring that local fishermen and coastal communities are central to the process. This project serves as a model for inclusive and sustainable development”.
About Premier Invest
Premier Investment Holding Limited (PIHL) is a financial services holding company headquartered in Abu Dhabi Global Market (ADGM). Through its three subsidiaries — Premier Bank Limited (PBL) (Under incorporation & regulatory approval), Premier Investment Partners Limited (PIPL), and Premier Trading Services FZCO (PTS) — PIHL delivers integrated solutions across banking, investment, and trading. Its mission is to unlock access to sustainable global capital for governments, state-owned enterprises, financial institutions, corporates, and development organisations. With sectoral expertise spanning trade finance, trade enabling infrastructure, energy security, food security, and
Premier Investment Partners Limited Registered Address Office 806, Tamouh Tower, Al Reem Island, Abu Dhabi, UAE commodities, the group connects international capital with transformative opportunities across Africa, the Caribbean, and the wider South-South corridor. Guided by integrity, innovation, and governance, PIHL is committed to driving long-term growth and positioning Africa as a central player in global trade.
