In­vest Saint Lu­cia Hosts a Do­mes­tic Busi­ness Fo­rum

The Star (St. Lucia) - - LOCAL -

In an ef­fort to de­liver on its man­date to in­crease di­rect in­vest­ment into Saint Lu­cia, In­vest Saint Lu­cia (ISL) hosted a Do­mes­tic Busi­ness Fo­rum on Tues­day April 21st, 2015 in col­lab­o­ra­tion with the Saint Lu­cia Cham­ber of Com­merce un­der the theme “In­vest­ment Op­por­tu­ni­ties and Is­sues for Lo­cal Busi­ness”.

The Fo­rum fo­cused on pre­sent­ing in­vest­ment and busi­ness op­por­tu­ni­ties to the lo­cal busi­ness com­mu­nity in­ter­ested in ei­ther ex­pand­ing their op­er­a­tions or in­vest­ing in new ini­tia­tives.

CEO of In­vest Saint Lu­cia, McHale An­drew ex­plained the ra­tio­nale be­hind this ini­tia­tive: “This fo­rum tar­gets in­de­pen­dent busi­ness per­sons with ex­pressed in­ten­tions to in­vest, ex­pe­ri­enced and po­ten­tial do­mes­tic in­vestors iden­ti­fied by their re­spec­tive busi­ness as­so­ci­a­tions, as well as mem­bers of the lo­cal busi­ness com­mu­nity who may be in­ter­ested in the in­for­ma­tion be­ing pre­sented.

"It's an av­enue for mem­bers of the pri­vate sec­tor to have a di­rect in­ter­face with rep­re­sen­ta­tives of var­i­ous public sec­tor agen­cies and gov­ern­ment min­istries who will seek to pro­vide in­for­ma­tion on de­vel­op­ments and ini­tia­tives in the public sec­tor that may im­pact their re­spec­tive busi­nesses."

The Do­mes­tic Busi­ness Fo­rum took place at the Bay Gar­dens Ho­tel and fea­tured pre­sen­ta­tions and panel dis­cus­sions from the Min­istries of Com­merce, Busi­ness Devel­op­ment, In­vest­ments and Con­sumer Af­fairs; Sus­tain­able Devel­op­ment, En­ergy, Science & Tech­nol­ogy; and Phys­i­cal Plan­ning, Hous­ing and Ur­ban Re­newal as well as agen­cies such as Cus­toms and Ex­cise, In­land Rev­enue, the Free Zone Man­age­ment Author­ity, the Saint Lu­cia Ho­tel and Tourism As­so­ci­a­tion, the Cham­ber of Com­merce, the Bankers' As­so­ci­a­tion, In­vest Saint Lu­cia and Saint Lu­cia Elec­tric­ity Ser­vices Ltd.

In­vest Saint Lu­cia an­tic­i­pates that this fo­rum will set the pace for greater col­lab­o­ra­tion be­tween public and pri­vate sec­tor en­ti­ties.

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