The events aim to increase foreign direct investment flows into the island.
As part of its investment promotion efforts, representatives from Invest Saint Lucia (ISL) are this week participating in three events that aim to increase foreign direct investment flows into the island.
CEO McHale Andrew will head a three-member delegation at this week’s Caribbean Investment Summit (CIS) 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 (BPO), and niche tourism.
Prior to showcasing Saint Lucia’s projects at the CIS, the team will participate in the Caribbean Hotel and Resorts Investment Summit (CHRIS), also being held in Miami. The CHRIS will provide 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 also participate in the NEXUS 2016 Business Process Outsourcing Event which will take place in San Francisco. Now in its sixth year, the conference brings together senior technology and business investors seeking to understand how to participate and invest in Latin American and Caribbean economies.
The networking and content program 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 as 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 those events will continue the agency’s thrust towards advancing the island’s socio-economic development and job creation initiatives.
