The Star (St. Lucia) - - LOCAL -

As part of its in­vest­ment pro­mo­tion ef­forts, rep­re­sen­ta­tives from In­vest Saint Lu­cia are this week par­tic­i­pat­ing in three events that aim to in­crease for­eign di­rect in­vest­ment flows into the is­land.

CEO McHale An­drew headed a three-mem­ber del­e­ga­tion at this week’s Caribbean In­vest­ment Sum­mit (CIS) held in Mi­ami. The CIS is co-or­ga­nized by the Caribbean Ex­port Devel­op­ment Agency and the Caribbean As­so­ci­a­tion of In­vest­ment Pro­mo­tion Agen­cies (CAIPA) and brings to­gether Caribbean in­vest­ment pro­mo­tion agen­cies and more than 100 high net worth in­vestors and key stake­hold­ers, in an ef­fort to at­tract for­eign di­rect in­vest­ment for a port­fo­lio of in­vest­ment-ready projects in the Caribbean.

The Sum­mit is the unique win­dow to the re­gion’s di­verse op­por­tu­ni­ties for in­vest­ment and aims to at­tract a wealth of po­ten­tial in­vestors in­ter­ested in the dy­namic Caribbean brand and key in­dus­try sec­tors such as Re­new­able En­ergy, Busi­ness Process Out­sourc­ing and Niche Tourism.

Prior to show­cas­ing Saint Lu­cia’s shovel-ready projects at the CIS, the team par­tic­i­pated in the Caribbean Ho­tel and Re­sorts In­vest­ment Sum­mit (CHRIS), also held in Mi­ami. The CHRIS pro­vided ISL’s rep­re­sen­ta­tives with the op­por­tu­nity to net­work with in­ter­na­tional and re­gional ex­ec­u­tives within the tourism in­dus­try, and pro­mote the po­ten­tial for ad­di­tional lu­cra­tive in­vest­ments in the is­land’s tourism sec­tor.

Ad­di­tion­ally, ISL will par­tic­i­pate in the NEXUS 2016 Busi­ness Process Out­sourc­ing Event which will take place in San Fran­cisco. Now in its sixth year, the Event brings to­gether se­nior tech­nol­ogy and busi­ness in­vestors seek­ing to un­der­stand how to par­tic­i­pate and in­vest in the Latin Amer­ica and Caribbean economies.

The net­work­ing and con­tent pro­gramme is geared to in­crease mar­ket knowl­edge for ex­ec­u­tives re­spon­si­ble for re­gional and global ex­pan­sion, third-party con­sult­ing part­ner­ships, and IT and busi­ness process en­gage­ments. ISL deems this op­por­tune as the po­ten­tial for growth within the ICT sec­tor has not yet been fully ex­plored and cur­rently por­tends sig­nif­i­cant scope for other en­trants.

It is an­tic­i­pated that the leads gen­er­ated through these events will con­tinue the agency’s thrust to­wards ad­vanc­ing the is­land’s so­cioe­co­nomic devel­op­ment and job cre­ation ini­tia­tives.

In­vest Saint Lu­cia CEO McHale An­drew.

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