January 2017 | Business View Caribbean

38 39 owned by other state entities like the International Airport Development Corporation (IADC), but under the full management of National Properties. The options for these various properties include selling them to private owners to develop, investing in themwith the intention to operate and/or manage them, or pursuing joint-ven- ture arrangements with either private developers or other government institutions. In fact, in discharging its mandate, it is more than possible that National Properties could ultimately divest itself entirely out of business over time. “But we don’t imagine that will happen at any time in the near future,” Dougan adds, wryly. The company has some 15 employees attached to its main office in Diamond on the main island of St. Vin- cent, but its direct employment involvement accounts for hundreds of employees through businesses it owns solely, like its ongoing farms at Orange Hill and Pe- ter’s Hope, and businesses in which it is a founding NATIONAL PROPERTIES LIMITED AT A GLANCE NATIONAL PROPERTIES LIMITED WHAT: A government-owned com- pany that manages real property on behalf of the state WHERE: Diamond Industrial Estate, St. Vincent and the Grenadines WEBSITE: www.svgnpl.com SERVICES Pharmacy, Deli, Bakery, ATM, Customer Service Desk At MASSY STORES, our GOAL is to delight everyone, every day, every time. Whatever you need, our family is here to serve YOUR FAMILY. MASSY STORES (SVG) LTD. Upper Bay Street, Kingstown, St. Vincent and the Grenadines. P.O. Box 872 1-784-453-9101 F: 456-2673 www.massycard.com