The St. Kitts Investment Promotion Agency (SKIPA) continues its drive to attract Foreign Direct Investment from developed and emerging markets. The agency is scheduled to participate in two (2) high-level conferences, namely; The Africa-US Trade and Investment Conference (AfriCANDO 2022), which is scheduled to take place October 10 – 13, 2022 in Miami, Florida and The Caribbean Investment Forum (CIF 2022), which is scheduled to take place November 8 – 11th, 2022 in Trinidad and Tobago. The theme for CIF 2022 is “Climate Smart Investments for a Caribbean Green Economy” while one of the central focus areas of AfriCANDO 2022 is “Health is Wealth, Climate and Food Security”.
As countries worldwide plan for post-pandemic recovery, St. Kitts has an opportunity to create sustainable investment models to build back better. Our Foreign Direct Investment (FDI) goals are fully aligned with our sustainable development goals, designed to foster inclusive growth and an environmentally and socially sustainable economy. COVID-19 has reminded us that economic development can no longer ignore the sustainable agenda as outlined in the United Nations Sustainable Development Goals (SDGs).
St. Kitts is particularly keen on the attention being given to High-Tech Agriculture (smart farming), Green Energy, Medical Tourism, Information and Communication Technology (ICT) and Creative Industry as key sectors for sustainable development. At SKIPA, we believe that attracting investment in High-Tech Agriculture and Green Energy has strong potential to support the realization of SDGs. Investment opportunities in High-Tech Agriculture are designed to achieve sustainable food security while investment opportunities in Green Energy are designed to reduce dependence on fossil fuels, while at the same time decreasing the cost of energy to the citizens and residents of the country. Technological change in the agribusiness sector and the construction of green energy systems will require investment from both foreign and local investors. Our thrust towards achieving the SDGs include well-designed incentives for investors.
The prospect for growth in Foreign Direct Investment (FDI) remains optimistic, post the global pandemic. FDI inflows, in particular, real estate and infrastructure related projects, are expected to continue to be a major contributor to the country’s economic growth and overall development. There are a number of large scale investment projects in the pipeline, which are expected to sustain FDI flows into the foreseeable future.
Upcoming Events
AfriCANDO 2022 –The 23rd U.S. Trade & Investment Conference / Expo – Florida
The areas of focus for this event include: Trade and Investment, Health Security, Climate and Food Security, Tourism, and much more. According to the organizers, AfriCANDO is designed to assist civil society organizations, micro, small and medium-sized businesses and the African diaspora in creating linkages with other stakeholders.
Caribbean Investment Forum – Trinidad & Tobago
The CIF 2022 is supported by CARICOM, the Caribbean Association of Investment Promotion Agencies (CAIPA), of which SKIPA is a member and the Caribbean Export Development Agency and will focus on transportation logistics, renewable energy, ICT and Digital Business, the Blue Economy and Ag-Tech. According to the organizers, CIF 2022 is a high-level event designed to give investors the opportunity to explore the range of bankable investment projects available across the Caribbean. The organizers anticipates over 400 attendees including: investors, finance professionals, government officials and more.
We welcome you to visit our booth at the upcoming events and discover valuable insights into the array of sustainable investment opportunities in St. Kitts.
For more information, please feel free to contact us.
Stanley A. Jacobs
Director of Investment Promotion promo@investstkitts.kn
Dorietta Fraites (Mrs.)
Director of Investment Facilitation dirfacilitation@investstkitts.kn
Address:
St. Kitts Investment Promotion Agency
2nd Floor KOI Building, #1 Airport Road
Golden Rock
St. Kitts
Tel. (869) 465-1153
Fax (869) 465-1154