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St. Lucia, a small developing country, survived on agriculture - sugarcane and then bananas - cultivation and exportation from colonial times until the 1990’s. Presently, the country’s source of income is mainly tourism. However, the banana farming industry is still being used, though it is facing many hardships. A range of factors, including global competition, climate change and ineffective and insufficient human resources both labourers and committee representatives according to secondary information. However, primary data adds to the list of factors. The respondents have indicated that lack of proper management from FDI and CIP in the tourism sector is a hindrance. Tourism is becoming increasingly considered as an economic developer from the 1960’s 1970’s. Business is about seizing opportunities; and an opportunity in tourism has been recognized. But does that mean there isn’t an opportunity in the agriculture industry? With more CPI and FDI programmes in the tourism sector taking place, is it helping the situation? The world has shut its borders due to the COVID-19 pandemic, which means a curveball on the economies which are being fueled mainly or only on tourism. This study sought to find out whether modernizing and continuing the banana industry; or focusing on the tourism sector and investments projects such as FDI and CIP in tourism will better fuel the economy. In this research the method used was a combination of quantitative and qualitative. The primary data was collected using an online poll and questionnaire and an interview with a focus group. The results indicated that the current foreign investments as hotels has helped the economy not neglecting that it has also impacted the banana industry. In addition, a new citizenship by investment program called the Desert Star Holdings has been looked down upon for land grabbing, affecting the agriculture sector and other tourist attractions. The results further showed that during the COVID-19 pandemic, the country should rely on agriculture cultivation and exportation to sustain the economy. Post-pandemic, the country’s economy should be diversified. The findings are nothing new to the policy makers, they have had their own strategy indicating the need to modernize the banana industry and make the economy diversified. The findings are basically emphasizing that they should follow the strategy, get the necessary assistance - as the Taiwan government continues to help - and efficiently allocate the finances. Now that the policy makers can see how the mentioned suggestions and the literature review have helped other countries and, perhaps they can consider following their pattern.

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