Caribbean Region has all the components for a modern economy -President Ali

From left, Mr. Deodat Maharaj, CARIBExport Executive Director, President of Guyana H.E. Irfaan Ali and Minister within the Ministry of Public Works, the Hon. Deodat Indar (Photo via CARIBExport)
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(Department of Public Information Press Release) His Excellency Dr. Irfaan Ali said that the Caribbean Region is a stable platform with all of the components for a modern and emerging economy.

The Head of State made this assertion during his keynote address (Tuesday), at the Caribbean Investment Forum (CIF2022), hosted by the Caribbean Export Development Agency, in association with the Caribbean Association of Investment Promotion Agencies (CAIPA) in Dubai.

President Ali highlighted the Region’s economic potential and spoke extensively about opportunities in environmental services, the blue economy, agriculture, infrastructure, tourism and other areas of potential and predicted growth.

“Once you have the capital, the foresight, access to technology, then the Caribbean Region is a destination you should be looking at. It is a destination that offers you an opportunity to build a complex, multifaceted investment platform. And it’s a Region that is looking at being self-sufficient in many areas.”

The President explained that although the Region’s population is small, the market access it provides through its booming tourism industry, allows investments to thrive.  Coupled with this, he said that the Caribbean is not only a zone of peace but an “exclusive zone of tolerance and inclusiveness”, built on resilience and diversity.

 The location of the Region and its direct access to South, Central and North America were also highlighted. 

“In almost each of these areas, we have specific investment agreements and trade arrangements that will give you a distinct advantage in pursuing your business interests.”

Read more at: Department of Public Information

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