PAN AFRICAN BUSINESS EXPO
Which Caribbean Island holds your treasure?
Start your search at the Pan African Business Expo...
No longer just a holiday destination, Caribbean Islands are fast becoming a business and investors paradise, just as countdown to the Pan African Business Expo begins for those looking to enjoy opportunities in the region.
Sun, sand, culture and a taste of paradise, there is only one part of the world which fits this description; the Caribbean. However, no longer are these the only attractions luring citizens worldwide to the region, in recent years, many Caribbean Islands have not only established themselves as tax free but are also offering tax exemption for those looking to invest in certain sectors.
The Pan African Business Expo is set to showcase the abundance of opportunities available in the Caribbean Islands for business leaders and investors all under one roof. According to The Economic Commission on Latin America and the Caribbean in 2012 alone, the combined amount of Foreign Direct Investment into the 15 Caribbean countries of Dominican Republic, Trinidad & Tobago, The Bahamas, Barbados, Jamaica, Haiti, Belize, Guyana, St Vincent & The Grenadines, St Lucia, St Kitts-Nevis, Antigua & Barbuda, Suriname, Grenada and Dominica was a whopping $8,529 billion.
The Caribbean has enjoyed economic, political stability and steady economic progress which has boosted its image in the eyes of investors. More importantly, the location of the Islands has proven to be advantageous as they provide easy access to markets in the North, South and Central America regions. Furthermore, many countries in the Caribbean are part of a number of regional free trade agreements, allowing investors doing business in One Island, to have easy access to other Islands.
For those in the UK considering taking their business interests into the Caribbean, since 2011 the UK’s bilateral trade with the Caribbean has exceeded £800 million. That year, UK imports from the Caribbean totalled £379 million while exports were £446 million. Be it Trinidad & Tobago which is enjoying a continuous rise in FDI due to its fast growing oil and gas sector; Jamaica where, in 2012, FDI was up 75% compared to the previous year as the telecommunication sector went from strength to strength or Belize where investments in the sugar cane sector totalled almost $100million in 2012. The diversity of the Islands, what they and potential partners on the ground have to offer, could change your fortunes forever.
The Pan African Business Expo was attended by Diplomats, Business Leaders, Entrepreneurs and Business Experts. It provided for opportunities to network and to exhibit your business; to interact with others who are doing so. People came to become part of the investors’ carnival in the Caribbean.
The Pan African Business Expo was held from 10am - 6pm on 17 April 2014 at Kings College London, The Strand.