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Taiwan-Saint Lucia Trade Exhibition an investment opportunity – Minister Hippolyte

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Saint Lucia’s Minister of Commerce, Business Development,  Investment and Consumer Affairs,  Honourable Emma Hippolyte, is describing the Taiwan-Saint Lucia trade exhibition as an investment opportunity aimed at increasing the growth potential of the tourism and yachting sector.

This investment is aimed at increasing Saint Lucia’s ability to trade on the international level, playing a vital role in sustaining economic growth and stimulating social development of the country.

Minister Hippolyte expressed the need to work in partnership and strengthen relationships with the Taiwanese government as this would aid in the growth of the tourism and yachting industries.

“Saint Lucia has welcomed the assistance that the government and people of Taiwan have provided in a long list of areas. We believe the stage is set now for investment at the business level. It is when the private sector is able to find its place in the framework that has been established at the government level that real transformation of our people can take place.”

Saint Lucia’s Minister for Tourism, Heritage and Creative Industries, Honourable Lorne Theophilus, also lauded this initiative as one that can contribute to the overall development of the tourism product.

“As we move towards one; the development of a yacht registry in Saint Lucia and the expansion of the yachting sector as a vital source within the tourism component, this is going to be a very important thing to us. Not just within the aspect of boat building but also the provision of the ancillary services that surround the yachting sector. ”

The government is hoping with the United States visa exemption for Taiwan nationals, investors will express interest in Saint Lucia’s tourism industry.

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