Providenciales, Turks and Caicos Islands, November 15th, 2021 – Invest Turks and Caicos (Invest TCI) is pleased to announce the Agency’s participation in the 10TH Caribbean Hotel Investment Conference & Operations Summit (CHICOS) held November 10th-12th, 2021, at the Grand Hyatt Baha Mar in Nassau, Bahamas.
CHICOS is one of the premier hospitality conferences in the region. In its 10th year, this event brought together more than 300 regional and international investors and operators and the region’s leading decision makers – all to discuss the region’s markets and possibilities.
Invest TCI participated in the Caribbean Government Leaders plenary session on Friday, November 12th, alongside the Bahamas Investment Authority, Invest St. Lucia, and JAMPRO. The plenary discussions focused on the investment environment of Caribbean economies in a post covid environment under two key themes: diversification of the economy and tourism and the need for greater involvement of (and positive impact on) local communities.
Attending the summit on behalf of Invest TCI was Interim CEO, Angela Musgrove and Legal and Compliance Officer, Judith Garland.
Commenting on the summit, Ms. Garland stated, “I was delighted to represent the Agency at the 10th Anniversary edition of CHICOS. I found the sessions engaging, and the industry trends and knowledge imparted was most valuable. It was great to meet new faces and establish relationships with industry colleagues, which can present mutually beneficial partnerships and relationships in the future.
Interim CEO Angela Musgrove stated, “Invest TCI will continue to support and leverage industry conferences to promote opportunities in the Turks and Caicos Islands. This is the Agency’s 5th year attending CHICOS, and it has allowed us to directly engage with potential investors and prospects interested in doing business in the TCI. Through these types of events, the Agency can continue to proactively target new investment opportunities, lucrative partnerships, and financial opportunities that contribute to overall economic development.”
For more information on 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 the growth of local businesses, including the management and delivery of the Micro Small and Medium Enterprise programme which provides concessions and reliefs to locally owned businesses.