ISL promotes Saint Lucia’s investment potential

PRESS RELEASE – Over the past few weeks, Invest Saint Lucia (ISL) has made its presence felt at various investment-related overseas functions in its bid to attract investors to our shores.

Newly appointed CEO Roderick Cherry and Chairman of ISL Pinkley Francis, along with representatives of the Citizenship by Investment Unit (CIU), have just returned from the 12th Global Residence and Citizenship Conference which took place in Jumeirah Mina A’Salam, Dubai.

The CEO remarked that this networking mission was indeed an eye-opener. “We met with a number of prospective investors who are looking into projects other than what we currently have on offer. It put into perspective the amount of work that needs to be done, when determining what projects are promoted. We must be fully cognizant of the nature and quality of investments that we propose to certain markets.

“We have a very comprehensive strategy as it relates to investment promotion and of course we can’t be static in our approach. My intention is to sit with the team to develop the most appropriate tactics to target the more high-end investors. Hopefully this will help us build greater momentum in these markets.”

Dubai was not the only region where ISL interacted with potential investors. Head of the Investment Services Department, Alana Lansiquot-Brice recently attended the United Nations Conference on Trade and Development’s (UNCTAD) World Investment Forum in Geneva, Switzerland, where she was a speaker at the Investment Village, an event organized by the Caribbean Association of Investment Promotion Agencies (CAIPA).

The event sought to bring together prospective investors and persons seeking information on Saint Lucia’s readiness to accommodate foreign investment.

Two other members of the Investment Services Department also undertook networking of their own. Marie-Grace Walcott represented ISL at the Caribbean Renewable Energy Forum (CREF), while Camille Michel represented at the just-ended Caribbean Hotel Investment Conference & Operations Summit (CHICOS), in Bermuda. (ISL)

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