WIBDECO

The Windward Islands Banana Development and Exporting Company Limited, (WIBDECO), was incorporated in 1994, as a private company to drive the commercial development and interests of the Windward Islands banana industry. The company commenced trading in January 1995, with the takeover of the functions and operations previously performed by the Windward Islands Banana Growers' Association (WINBAN).

The shareholders of WIBDECO are the Governments and banana growers' associations of the four Windward Islands (Dominica, Saint Lucia, Saint Vincent and Grenada). The Governments hold 50% of the ordinary shares in equal ratios, while four banana associations or companies hold the other 50% in proportion to their average annual production in the years 1992-94.

SVBGA 78 ordinary shares, each valued XCD $10,000

The principal activity of the WIBDECO Group is the marketing and distribution of Windward Islands bananas, which are performed largely by Windwards Bananas. However, WIBDECO provides diagnostic services as well as technical and operational support to the industry at the local level. The Group is also involved in the development and marketing of other crops from the Windward Islands.

For more information, visit www.windwardbananas.co.uk