The Government of Grenada today signed a financing agreement with the OPEC Fund for International Development (the OPEC Fund) to advance the construction of Grenada’s new national hospital under Project Polaris, the country’s flagship healthcare transformation initiative. This agreement for US$30 million is the first tranche of a US$60 million financing framework agreement signed with the OPEC Fund in December 2025 for the construction of the new hospital, a central component of the Hope Vale Medical City. The Grenadian delegation was led by Minister for Finance Honourable Dennis Cornwall, and included Project Polaris Project Sponsor Ambassador Andrea St Bernard, Deputy Permanent Secretary in the Ministry of Finance Chevanne Britton-Telesford, and Lead Strategic and Financial Advisor and Project Consultant Damian Dolland. The Government of Grenada expressed appreciation to the OPEC Fund for its continued partnership in supporting national development priorities and improving health outcomes for the people of Grenada. Project Polaris