CARIBVISTA | IAGRO SAT CARIBBEAN
AGRICULTURE FEASIBILITY STUDY // ST KITTS & NEVIS

Sugar estates to food sovereignty.
Lowest conversion cost in the Caribbean.

Former SSMC sugar estates offer cleared land, existing roads, and remnant irrigation — reducing conversion costs by 40-60% versus virgin land. 15% greenhouse allocation for hurricane-proof high-value production targeting 1M+ annual cruise visitors.

Pilot CAPEX (500 ha)
$2.8M
Including 15% contingency
Year 10 Revenue
$189.4M
5,780 ha full deployment
Jobs Created
19,300
41% of total population
Greenhouse Allocation
15%
Highest in CaribVista region
Former sugar estate advantage: Unlike other Caribbean nations requiring extensive bush clearing ($2,000-4,000/ha), SKN's former sugar estates are already cleared, have road access, and retain partial irrigation infrastructure. Estimated land preparation cost: $640/ha vs. regional average of $2,400/ha. Sources include FAO, CDB, SSMC records, SKIPA, CARICOM, CARDI.
FAO YIELD DATASSMC ESTATE RECORDSCDB REPORTSSKIPA DATACRUISE TOURISM MARKET
SECTION 1

Setup Costs

Former sugar estates reduce land preparation costs by 40-60%. SKIPA offers duty-free equipment imports for agricultural investment.

Land Preparation
$320K
$2.4M full
Equipment
$450K
$3.2M full
Irrigation Rehab
$380K
$2.8M full
Infrastructure
$600K
$2.8M full
Greenhouses (15%)
$720K
$4.2M full
Contingency (15%)
$371K
$2.3M full
Pilot (500 ha)
$2.8M
Including 15% contingency
Full (5,780 ha)
$17.7M
All viable land both islands
Per-hectare Prep
$640
40-60% below regional avg
COST ADVANTAGE: FORMER SUGAR ESTATES
SSMC estates were under continuous cultivation for 350 years. Soils are deep, well-drained volcanic andisols. Access roads, rail corridors, and partial irrigation infrastructure reduce startup costs significantly. Several estates retain usable buildings (former factories, warehouses) adaptable as packing houses and cold storage. Government lease rates for agricultural use: EC$100-300/ha/year ($37-111 USD).
SECTION 2

Food Security Crops

Replacing 95% food imports with locally grown produce. Root crops for hurricane resilience, greenhouse vegetables for year-round supply.

Sweet Potatoes
ROOT CROP
12-20 t/ha
$6,000-10,000
1.5-2/yr
Peanuts
LEGUME
2-3 t/ha
$4,000-7,500
2/yr
Cassava
ROOT CROP
10-18 t/ha
$4,000-7,500
1/yr
Yams
ROOT CROP
10-15 t/ha
$7,000-12,000
1/yr
Coconut
TREE CROP
8-15 t/ha (copra equiv)
$5,000-12,000
Year-round
Tomatoes (greenhouse)
VEGETABLE // GREENHOUSE PRIORITY
40-80 t/ha
$40,000-80,000
3-4/yr
Lettuce / Greens
VEGETABLE // GREENHOUSE PRIORITY
20-35 t/ha
$25,000-50,000
6-8/yr
Sweet Peppers
VEGETABLE // GREENHOUSE PRIORITY
15-25 t/ha
$18,000-30,000
2/yr
GREENHOUSE FOCUS (15% ALLOCATION)
St Kitts & Nevis has the highest hurricane exposure among CaribVista nations. 15% of total hectarage (867 ha) allocated to greenhouse production — the highest in the programme. Greenhouses withstand Cat 3+ winds, enable year-round production regardless of hurricane season, and produce premium vegetables for the cruise ship and resort market at 3-5x open-field pricing. Key crops: tomatoes, lettuce, herbs, microgreens, strawberries.
SECTION 3

Export & Premium Crops

Sea Island Cotton revival, cruise ship provisioning, and organic premium exports.

Sea Island Cotton (Revival)
Historical SKN crop, luxury textile market at $20+/kg
$15,000-40,000
per ha/yr
Yield: 0.5-1 t/ha
Organic Vegetables (Cruise)
1M+ cruise visitors/yr at Port Zante, premium pricing
$30,000-60,000
per ha/yr
Yield: 25-40 t/ha
Hot Peppers
CARICOM export demand exceeds supply
$35,000-80,000
per ha/yr
Yield: 15-25 t/ha
Herbs & Microgreens
Greenhouse-grown, hotel/resort premium
$50,000-120,000
per ha/yr
Yield: 5-10 t/ha
Passion Fruit
Tourism-driven cocktail & juice market
$25,000-50,000
per ha/yr
Yield: 15-25 t/ha
SEA ISLAND COTTON REVIVAL
St Kitts & Nevis was historically a major producer of Sea Island Cotton, prized as the world's finest long-staple cotton. While sugar replaced cotton as the primary crop, the volcanic soil and climate remain ideal. Current world price for Sea Island Cotton: $20-40/kg (vs. $2-3/kg for standard cotton). EU-CARIFORUM EPA provides duty-free access. A revival of 200-500 ha could generate $3-20M/year targeting luxury textile brands (Savile Row, Italian couture). This would be the only Caribbean Sea Island Cotton production, creating a true monopoly position.
SECTION 4

Multi-story Agroforestry Model

Five production layers maximizing output per hectare while providing hurricane wind shelter. Former sugar estates convert from monoculture to biodiverse production.

Canopy (15m+)
25% allocation
2.8 tCO2/ha/yr
Breadfruit // Mango // Coconut Palm // Mahogany // Flamboyant
Hurricane wind shelter, carbon stock, fruit production, timber
Sub-canopy (5-15m)
20% allocation
1.2 tCO2/ha/yr
Soursop // Citrus (lime, grapefruit) // Avocado // Papaya
Shade-tolerant high-value fruit, vitamin-rich nutrition
Shrub (1-5m)
15% allocation
0.4 tCO2/ha/yr
Hot Peppers // Pigeon Peas // Coffee (Nevis highlands) // Cotton (revival)
Export crops, nitrogen fixation, historical crop revival
Ground Cover
25% allocation
0.2 tCO2/ha/yr
Sweet Potatoes // Peanuts // Cassava // Squash // Leafy Greens
Food security base, soil cover, erosion prevention
Greenhouse (Protected)
15% allocation
0.2 tCO2/ha/yr (structure offset)
Tomatoes // Lettuce // Herbs // Microgreens // Strawberries
Hurricane-proof high-value production, cruise ship premium
tCO2/year
27,740
At agroforestry maturity (Yr 10+)
tCO2/ha/yr
4.8
IPCC AR6 range: 3-8 tCO2/ha/yr
Carbon Revenue
$416-694K
At $15-25/tCO2 credit price
SECTION 5

Cruise Tourism Market Opportunity

Annual Cruise Visitors
1M+
Port Zante, Basseterre
Visitor Spend
$50M+
Food & beverage component
Premium Pricing
3-5x
Local organic vs imported
CRUISE SHIP PROVISIONING STRATEGY
Port Zante in Basseterre receives 1M+ cruise visitors annually across 300+ ship calls. Currently, cruise lines provision from Miami or San Juan at significant cost. Local organic produce would offer: (1) freshness premium, (2) "locally sourced" marketing for cruise lines, (3) reduced provisioning logistics cost, (4) alignment with cruise industry sustainability commitments. Target: capture 10-15% of cruise food provisioning within 5 years, worth $5-7.5M/year. Hotels and resorts on both islands represent additional $3-5M/year market. Greenhouse production ensures year-round supply regardless of season.
SECTION 6

Citizenship by Investment Integration

CBI PROGRAMME — AGRICULTURAL INVESTMENT CHANNEL
The SKN CBI Programme generates $100M+/year in revenue — the largest per-capita CBI programme globally. Current approved investment categories include real estate ($200K+), Sugar Industry Diversification Foundation ($150K), and Hurricane Relief Fund. A new "Agricultural Sovereignty Investment" category could channel CBI funds into food production infrastructure: greenhouses, cold storage, processing facilities. Precedent: CBI funds have already been directed to Sugar Industry Diversification Foundation (SIDF) and Hurricane Relief Fund. Agricultural investment aligns with government diversification strategy post-sugar. Estimated CBI agricultural allocation: $10-20M/year at 10-20% of CBI revenue.
Current CBI Revenue
$100M+/yr
Largest per-capita globally
Proposed Ag Allocation
10-20%
$10-20M/year for food sovereignty
SIDF Precedent
$50M+
Sugar Industry Diversification Foundation
SECTION 7

10-Year Revenue Trajectory

Year 1
200 ha
$1.2M
960t
668
Pilot: 2 estates, root crops + first greenhouse
Year 2
500 ha
$4.2M
2,400t
1,670
Expand pilot, add vegetable production
Year 3
1,200 ha
$14M
5,760t
4,008
Scale across St Kitts, tree crops planted
Year 5
2,800 ha
$52M
11,200t
9,352
Include Nevis, cotton revival begins
Year 7
4,200 ha
$105M
15,120t
14,028
Agroforestry canopy maturing, carbon credits
Year 10
5,780 ha
$189.4M
19,300t
19,300
Full deployment, net food exporter status
Executive BriefProof AnnexEntity Structure
CARIBVISTA | IAGRO SAT CARIBBEAN | AGRICULTURE FEASIBILITY // ST KITTS & NEVIS
CONFIDENTIAL // INVESTMENT GRADE // 2026-06-12