Participation for Investment Forum expected to be overwhelming

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CEO of Invest Saint Lucia. McHale Andrew. Photo credit: www.caribdirect.com.

 PRESS RELEASE – The Saint Lucia Investment Forum has received overwhelming response and an influx of registrations in the last few days leading up to the April 24 deadline of its Investment Forum.

Registration has surpassed the targeted number of overseas participants and has attracted a wide cross section of potential investors, financiers (debt and capital), brand representatives and operators, investment professionals, developers and project sponsors from as far away as Bangladesh, Germany and China.

A number of regional representatives from Trinidad and Tobago, Martinique and Guadeloupe, Jamaica and Venezuela are also registered to attend, as are investor representatives and businesses from traditional sources such as the UK, USA and Canada.

The local business community will also be well represented – some as panelists for the various plenary sessions, others to network with potential regional and international investment partners at the B2B sessions.

CEO of Invest Saint Lucia McHale Andrew, is hopeful that given the numbers, the SLIF will meet its objectives aimed at raising the profile of Saint Lucia as a business and investment destination; generating leads into real investments in the key strategic sectors of Tourism, Manufacturing and Infrastructure while improving investor perception of Saint Lucia.

Proposed to be held biennially, the SLIF is seen as a flagship event that will demonstrate Saint Lucia’s investment potential.

Invest Saint Lucia (ISL) – which is hosting the inaugural Event alongside the Ministries of Finance, Economic Affairs and Social Security; Commerce, Business Development, Investment and Consumer Affairs; the Trade Export Promotion Agency; the Saint Lucia Tourist Board; the Private Sector Council; the Saint Lucia Air & Seaports Authority and Corporate partners like Digicel St. Lucia and the St. Lucia Electricity Services Ltd. (LUCELEC) – is looking ahead to the successful staging of this inaugural event, expected to promote targeted investment and business opportunities on Saint Lucia to the international business community.

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9 comments

  1. nagesh sundar raj belur

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  2. Dear Sir/Ma,

    We are direct provider for BG/SBLC specifically for lease, at leasing price of (3.0 + 0.5 + X)% of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA.

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  3. Sir,

    We have direct and efficient providers of Bank Guarantee (BG’s),Insurance Guarantees, MTN, Confirmable Bank Drafts, Standby Letters of Credit (SBLC) and Third Party Guarantees. If you are a potential Investor or principal looking to raise capital, we will be happy to answer any questions that you have about this opportunity and to provide you with details regarding these services. Our BG/SBLC Financing can help you get your project funded, by providing you with yearly renewable leased bank instruments. We work directly with the providers of these instruments. Leased Instruments can be obtained at minimal costs to lessor compared to other banking finance options. This offer is open to both individuals and corporate bodies. If you have need for Corporate loans, International project funding, etc. or if you have a client that requires funding for his project or business, We fund 100% of the face value of the financial instrument. Inquiries from agents/ brokers/ intermediaries are also welcome. If you are interested in seeking to raise finance for your business/projects in this way,

    Email: [email protected]
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    for more information and enquires

    Richard

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  4. We are direct providers of Fresh Cut BG, SBLC and MTN

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  5. We specialized in Bank Guarantee {BG}, Standby Letter of Credit {SBLC}, Medium Term Notes {MTN}, Confirmable Bank Draft {CBD}

    as well as other financial instruments issued from AAA Rated bank such as HSBC Bank Hong Kong, HSBC Bank London, Deutsche

    Bank AG Frankfurt, Barclays Bank , Standard Chartered Bank and others on lease at the lowest available rates depending on the

    face value of the instrument needed.

    We will be glad to share our working procedures with you upon request to help us proceed towards closing deals effectively.
    Contact : Mr.lee youngshik
    Email: [email protected]
    Skype: leefinance11

    (0)(0)
  6. ARE YOU AN INDIVIDUAL BUSINESSMAN OR A BUSINESS ORGANISATION THAT WISHES TO
    EXPAND IN BUSINESS, WHY NOT SOURCE FOR BG/SBLC FROM FELIX BURKE BROKERS WHO
    HAVE BG/SBLC SPECIFICALLY FOR LEASE AT A LEASING PRICE OF 5+2 OF FACE VALUE
    ISSUANCE BY HSBC LONDON/HONGKONG OR ANY 25 TOP AA RATED BANK IN EUROPE,
    MIDDLE EAST OR USA. WE ALSO SECURE FUNDING PROJECT LOANS FOR 3% APR
    EMAIL: [email protected]
    CONTACT: FELIX BURKE
    TEL: +44-742-437-0688, +44-7920720215

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  7. Hi McHale, greetings from Dominica

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  8. Saint Lucians historically are risk-averse. Our forefathers traded one set of slave masters the English, for another the French, instead of taking the risk to strike out on their own. We as Saint Lucians are not culturally great risk-takers.

    Today, reinforced by legal institutions that reinforce our risk aversion, as in our behaviour regarding family land, we have yet to fully learn the upsides and downsides related to the issues of risk-return or risk-reward. Unless this generation and future generations unlearn the past, our domestic investment climate will find greater attractiveness for foreigners and holders of huge amounts of foreign capital, than would local and ordinary Saint Lucians. How long will the necessary turn-around take to happen? We are forced to almost give up on making huge strides in the near term, and anticipate more positive outcomes for the medium to long term. A good indicator would be the conversion of idle capital that we know today as family land, or idle land, into more productive uses. Our productivity of land is extremely low.

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    • Hi Tertillien,
      I'm curious about your comment on family land; what do you suggest the gov't do with family land occupied by family?

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