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Posted: Wednesday 9 May, 2018 at 4:33 PM

SKN PM sees Caribbean Investment Summit as a promotional tool to benefit the region

By: Staff Reporter,
    BASSETERRE, St. Kitts, May 09. 2018 - Prime Minister of St. Kitts and Nevis, Dr. Hon. Timothy Harris believes that the 2018 Caribbean Investment Summit will benefit St. Kitts and Nevis as well as the entire Caribbean, as it seeks to harmonize the Citizenship by Investment (CBI) programmes across member states.

    The third annual Caribbean Investment Summit is slated for St. Kitts and Nevis from May 16-19 at the St. Kitts Marriott Resort, and it will bring together leaders from across the Caribbean Community (CARICOM) members states offering Citizenship by Investment.

    Also attending the event will be stakeholders from across various sectors discussing critical topics including challenges facing industry stakeholders, banking, cybersecurity, transparency versus confidentiality and climate resilience.

    According to Dr. Harris, the Summit is intended to bring parties and entities involved in the CBI programme to exchange views and find ways to harmonize best practices and to create better working relationships amongst the individual jurisdictions.

    “Ultimately, it is what we had proposed in 2015 that we need to have harmonization; that we need to have better sharing of information across the member states,” stated Dr. Harris.

    By staging the conference, Dr. Harris believes that it will create opportunities for investors and others to see what St. Kitts and Nevis has to offer to the world.

    “So, it is an investment promotion tool as the name suggest, except that in this regard it is called the Caribbean Investment Summit because it is not just about St. Kitts and Nevis. Antigua and Barbuda will be there promoting their destination, St. Lucia will be there, Dominica will be there, Grenada will be there; all five CBI programmes will be there,” the Prime Minister added.

    Delegates from across Europe, Asia, and the Caribbean are expected to attend the summit, as it will create exposure for all islands involved while generating investment opportunities.

    “Because it is an investment promotion, it is going to bring in persons from abroad, in particular, to give them exposure to St. Kitts and Nevis, and to make judgments regarding their own interest in our country,” noted PM Harris. 

    The 2018 Summit will partner with the Chamber of Industry and Commerce, as its president, Farron Lawrence will play an integral part in the event.  

    With investors and delegates coming from across the world, it is expected to create connections for the local private sector.

    The event will be organized and managed on behalf of the St Kitts and Nevis Citizenship by Investment Unit, by OPEN Interactive – a Media, Marketing, Technology and Public Relations firm based in St Kitts and Nevis. Some of the sponsors will include amongst others, Caribbean Galaxy Real Estate, Bluemina Citizenship and Immigration, Bitcoin, BDO USA, S-RM, Apex Capital & Partners, Christophe Harbour, CIU Antigua and Barbuda, Dominica Citizenship by Investment Unit, Exiger, Joseph Rowe Law and PassPro.



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