St Lucia Real Estate Blog

NETWORK OF BUSINESS AMBASSADORS IN ST LUCIA

Prime Minister, Hon. Dr. Kenny D Anthony, has announced that the Government of Saint Lucia has started efforts to establish a network of Business Ambassadors. The Ambassadors will help the Government of Saint Lucia to identify sources of investment and promote Saint Lucia as an ideal location for investment. This initiative is modeled on the United Kingdom Department of Trade and Investment Business Ambassadors Group and was a recommendation of the Foreign Policy Review Committee.

The Prime Minister, who is in London, addressed a meeting of potential investors to Saint Lucia on Wednesday, June 26, 2014. Dr. Anthony outlined the work being undertaken by Invest Saint Lucia, the reforms being made to the investment facilitation landscape and the projects available for private investment and public-private partnership initiatives.

The Prime Minister also announced that the network of ambassadors will involve the appointment of strategically selected Honorary Consuls and distinguished Saint Lucians both at home and abroad, to work with various missions and embassies. Mindful of the cost of maintaining these offices, the appointees will be required to provide their services at no cost to the Government of Saint Lucia and where necessary, contribute to the investment promotion initiatives of the Government.

Some areas for immediate investment were identified as tourism, property development, creative industries, national infrastructure, medical research and education, and renewable energy.

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