The attached Report appraises a project to assist the Government of St Vincent and the Grenadines (GOSVG) in financing the modernisation of the Port of Kingstown in St. Vincent. The Port Modernisation Programme is to be implemented in two phases. Phase 1 of the programme (the Project) comprises; (i) the construction of a new cargo port in Kingstown (including necessary equipment); (ii) associated roadworks to provide enhanced access and traffic flow to the new facilities; and (iii) preparatory activities for Phase 2 of the programme. The Project will facilitate, inter alia, improved efficiency in the provision of cargo port services, enhanced environmental sustainability and climate resilience of the Kingstown Port and improved living conditions for Project Affected Persons.