Jamaica was announced to be the new president of the regional investment promotion body, CAIPA for the 2017-2019 period.
Willemstad, Curacao – Jamaica was officially named President of the Caribbean Association of Investment Promotion Agencies (CAIPA) at the recently held CAIPA Annual General Assembly in Willemstad, Curacao.
JAMPRO won the position after being elected by eighteen other Caribbean states.
CAIPA is the premier body of Investment Promotion agencies in the region; the organisation promotes foreign direct investment into the Caribbean and supports investment promotion agencies.
Jamaica receives several benefits from CAIPA including sponsorship for participation in activities to promote Jamaica, and the Caribbean Investment Map, an online system that lets investors view investment opportunities.
Trinidad and Tobago (First Vice President) and St. Vincent and the Grenadines (Second Vice President) rounds out the top three, and will be supporting Jamaica with executing regional solutions to issues affecting investment into the Caribbean.
JAMPRO’s President Diane Edwards explained that it was critical for the region’s investment promotion agencies to collaborate and build each country’s capacity to attract greater investments. She said, “JAMPRO is committed to working with CAIPA’s Board members to market investment in regional value chains and collaborative investment projects. The heightened global tourism interest in the region affords us an opportunity to work together to strengthen the business brand of the Caribbean region. We look forward to creating a stronger alliance with our partners, and creating the opportunities to do business.”
The new CAIPA Board also includes Curacao, Guyana, Dominica, Grenada; Dominican Republic and St. Lucia.
Front Row L-R: Rashida Petronilla (Curacao), Jodi-Kaye Ennis (Jamaica), Bernadette Ambrose Black (St. Vincent & the Grenadines), Hermina Archibald (Dominica)
Back Row L-R: McHale Andrew (St. Lucia), Owen Verwey (Guyana), Chris McNair (Caribbean Export Development Agency, CEDA), Ronald Theodore (Grenada).
