West Indian Company
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The West Indian Company, Limited (WICO) is a formerly private company in the
United States Virgin Islands The United States Virgin Islands,. Also called the ''American Virgin Islands'' and the ''U.S. Virgin Islands''. officially the Virgin Islands of the United States, are a group of Caribbean islands and an unincorporated and organized territory ...
, now owned by the Public Finance Authority of the U.S.V.I. It was founded in 1912 in
Denmark ) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Danish Realm, Kingdom of Denmark ...
, and operated for most of its history as a subsidiary of the East Asiatic Company. It was sold in 1993 to the government of the U.S.V.I. Originally designed to manage coal bunkering, the company brought electricity services to the island in 1914. In 1936 the original president, Mr. Hans N. Andersen of Denmark, saw tourism as another business venture and established the Maison Danois, the first tourist shop in St. Thomas. That year the company also bought property and began development of what they would call
Caneel Bay Caneel Bay was a resort set on a 170-acre peninsula in the Virgin Islands National Park. The resort, near picturesque beaches, is a vacation destination in the Caribbean. It is located on the northwest side of St. John, US Virgin Islands. The ...
. WICO is now wholly owned by the Public Finance Authority, an entity within the executive branch of the V.I. government. It is a public entity operating on behalf of the Government,’ Act No. 5826, 8 (b). WICO hosts a busy duty-free port shopping mall, Havensight Mall in the Charlotte Amalie Harbor on St. Thomas, and has berths on the Long Wharf cruise ship dock to serve cruise passengers. The mall has numerous tenants and services, including medical, business services, gifts and souvenirs, jewelry, restaurants, apparel, sports and car rental. West Indian Company Ltd., The. "Havensight Mall."
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References

{{US-company-stub 1912 establishments in Denmark Companies of the United States Virgin Islands 20th-century establishments in the Danish West Indies 1910s establishments in the Caribbean