Providenciales, Turks and Caicos Islands July 19, 2022 – Invest Turks and Caicos Agency (Invest TCI) attended the 26th Annual International African American Hotel Ownership & Investment Summit & Trade Show (NABHOOD) July 13-15th at the Miami Marriott Biscayne Bay Hotel, Miami, FL. NABHOOD is one of the leading organizations advocating for minority ownership and development in the hotel and hospitality industry and showcases opportunities available in the lodging industry, including hotel ownership, branding, and investments.
The Agency has attended the event for the past five years and was a proud sponsor in 2021 and 2022, which resulted in added exposure and recognition for the organization. Invest TCI’s Chairman Alvin Hegner and Investment Executive Salik Garland was in attendance at this year’s conference.
The Chairman and other industry professionals participated in the Caribbean Investment & Development panel hosted by Jerry Butler, Chairman of Butler Investment Group. The discussion focused on the opportunities for investment and development in the Caribbean and the success factors under the current climate.
Commenting on the conference, Chairman of Invest TCI, Alvin Hegner, stated, “The Turks and Caicos Islands were once again the highlight at NABHOOD. The team from Invest TCI was welcomed and shared the extraordinary achievements accomplished over the last year. During the panel discussion of Investment and Development opportunities, we shared how the Turks and Caicos Islands’ investment and development remains one of the strongest in the region. This places us in a position where we can set high standards for development. We will continue to do this by ensuring investments and proposals are socially responsible, environmentally friendly, and sustainable”.
Mr. Hegner further stated, “Invest TCI’s strategic objective is to ensure there is a value chain for all participants, including the people of the Turks and Caicos Islands, thereby contributing to inclusive economic growth.”
The Invest TCI team was happy to reconnect with industry acquittances and met with various hotel operators interested in doing business in The Turks and Caicos Islands.
NABHOOD provides a platform for engaging ethnic minorities in hotel and real estate development. As Invest TCI creates an enabling environment for the domestic entrepreneurial base to leverage opportunities in this sector, the connections with like minds at this conference strengthen the resource base for the Agency.
For more information on our upcoming events, visit our website at investturksandcaicos.tc.
About Invest Turks and Caicos
Invest Turks and Caicos is the Islands’ Investment Promotion Agency, responsible for enhancing the economy through the attraction, growth and retention of overseas investment; and supporting the growth of local businesses.
We provide a free and confidential service to overseas businesses looking to expand and will work with a company project team throughout the investment process, providing advice and support. This can include:
- Information on the local business climate;
- facilitating contact with relevant Government Departments throughout the investment process;
- advice on Government incentives and concessions to investors;
- introductions to local service providers/suppliers;
- advice on work permits and permanent residency procedures;
- ongoing support following set up.
We also work actively to support local businesses’ growth, including managing and delivering the Micro Small and Medium Enterprise programme, which provides concessions and relief to locally owned businesses.