November 4, 2024 – Charlotte Amalie, U.S. Virgin Islands – The U.S. Virgin Islands (USVI) is highlighted in the latest edition of “Industry Today” magazine in an article titled, “Growing the Economy Through Manufacturing & Retail.” The feature underscores the Virgin Islands Economic Development Authority’s (VIEDA) ongoing efforts to support the growth of the territory’s small manufacturing and retail sectors, with a focus on expanding access to federal programs like the U.S. Small Business Administration’s State Trade Expansion Program (STEP).
The article discusses the importance of economic diversification in the USVI and highlights Vision 2040, a strategic initiative aimed at guiding long-term growth. Vision 2040 offers a comprehensive roadmap designed to foster economic development, wealth creation, and job opportunities across the territory, with a particular emphasis on enhancing local manufacturing and retail trade.
Contributions to the article were made by Nadine Marchena Kean, Director of the Enterprise Zone Commission, and Celina D. Morris, Director of Marketing at VIEDA. Their insights provide a closer look at how these sectors can be expanded through targeted federal programs and strategic local initiatives.
For more information about the Virgin Islands Economic Development Authority (VIEDA) and its various programs, visit [www.usvieda.org](http://www.usvieda.org) or contact [email protected].
“The Bryan-Roach Administration is committed to investing in the territory’s people, infrastructure, and future through transparent governance, economic stabilization, and efficient recovery efforts. To learn more about government transparency and ongoing projects, visit [transparency.vi.gov](http://transparency.vi.gov).”
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