Business Barbados

Since its independence in 1966 Barbados has created a sustainable economic platform based on significant investments in its people (including free education up to secondary level), physical infrastructure and engagement in global trade in goods and services (tourism, business and financial services, etc.) Barbados has an excellent business infrastructure including excellent telecommunications, modern and efficient air and sea ports with a strong network of international connections, good roads and public transport, a strong banking system with minimal foreign exchange controls and a stable currency.

Electricity

Barbados has a reliable supply of electricity with rates being among the lowest in the Caribbean. The domestic and commercial supply voltage in major residential areas and in all new developments is 115/230 volts 50Hz. In Bridgetown and some other areas, the supply voltage is 115/200Hz.

The sole power company, Barbados Light & Power Company Limited converts fuel oil into clean, invisible electricity energy and delivers it to the consumer.

Water

The Barbados Water Authority, a Government statutory corporation, is the sole provider of water services. Water service can be connected within 48 to 72 hours. A monthly payment for continued service is based on the metre system.  The water service in Barbados is reliable and the water supply is safe and refreshing to drink.

For more information about this topic, visit Energy & Utilities in the Industries section.

Telecommunications

Barbados is equipped with a modern telecommunications infrastructure with the latest in digital technology and fibre optics systems including international direct dialling, facsimile transfer and satellite telecommunications which allows for the efficient transmission of electronic data. Internet and e-mail services as well as express mail and courier delivery are also available.

The country can facilitate international roaming and operates under the internationally recognised 4G network.  The International direct distance dialling code for Barbados is (1-246), followed by a seven digit local number.

The Telecommunications Unit is the technical arm of the Ministry responsible for Telecommunications. The Unit performs regulatory and licensing functions in accordance with the Telecommunications Act Cap 282B.

For more information on this topic, visit ICT/Communcations in the Investor Guide section or ICT/Communications in the Industry Guide section.

Transportation Facilities

Roads

Barbados has an extensive road system of about 1,475 km of paved roads which have undergone major improvement in recent years.  A highway links the north and south of the island.

Airport

The Grantley Adams International Airport (GAIA Inc), located about 15 minutes from the capital city Bridgetown, plays an important role as a vital centre and link for international air traffic in the Eastern Caribbean. The main passenger terminal handles in excess of 2 million passengers each year and has been upgraded to accommodate increases in traffic.

International Flights To Barbados

There are non-stop daily scheduled airline services to the major international cities i.e. New York, Miami, Philadelphia, Toronto, London as well as to the Caribbean islands. Airlines flying to Barbados include:

  • American Airlines
  • Air Canada
  • Avian Airlines
  • British Airways
  • Caribbean Airlines
  • Delta
  • Jet Blue
  • LIAT,
  • Thomas Cook
  • Virgin Atlantic
  • US Airways
  • West Jet and several charter flight companies

Seaport

Barbados has one of the most modern ports in the Caribbean with both a deep-water harbour and a shallow draught facility. Port operations are managed by Barbados Port Inc. There are regular freight sailings to North America, Europe and the Caribbean. The Bridgetown port is well equipped with container-handling and berth facilities for ocean-going freighters and passenger vessels, including major luxury liners and has undergone recent upgrading to expand its berth and customs facilities. The port has won awards for the most improved port facility and the most receptive destination.