A few days ago in London, the Bahamas Prime Minister, Perry Christie, told a meeting organised by Caribbean Export that the region needed a new formula to maximise investment.
Caribbean Export’s message was the same. The organisation’s Executive Director, Pamela Coke Hamilton suggested that the region had to move on. She indicated that the organisation hoped that when Caribbean heads of government next met they would adopt a draft regional investment strategy that places the economic emphasis in future on the areas where the region has competitive advantage and can make relatively rapid and significant gains: tourism, renewable energy, business outsourcing or, as other speakers suggested, the opportunities that arise out of the region’s strategic location or the growing global interest in its blue economy.
Particularly striking was a new regional investment promotional video. In it,