Private sector investment integral to regional development

A cultural presentation at the conference yesterday

-Ali tells regional business forum

The Caribbean Investment Forum 2024  opened yesterday with President Irfaan Ali charging the region’s private sector to tap into the many business opportunities available in the bloc and help to bridge the investment gaps as it is impossible for states alone to do it.

“This is a scenario before us, in terms of the investment gap in the region. An annual average investment of US$373 billion is required just on the water and sanitation. New infrastructure requires an allocation of US$256 billion… $148 billion towards improving access to safe and safely managed sanitation, and $16.8 billion in sewer treatment,” Ali informed as he addressed the opening of the region’s premier gathering for business leaders and investors organized by the Caribbean Investment Agency.