NUMEROUS international partners have reported the presence of targeted programmes intended to foster investment opportunities in the Caribbean.
The disclosure was made by representatives of the European Union; the United States Agency for International Development (USAID); the Inter-American Development Bank (IDB), and CAF Development Bank at the investment forum that took place here.
These partners all highlighted the importance of strategic partnerships to foster sustainable growth in the region.

Head of Cooperation of the EU, David Mogollon, said at a press conference on the sidelines of the investment forum that they aim to use their tools and instruments to accelerate investments in the Caribbean.
Mogollon indicated that, as part of the EU’s global gateway strategy, the union is trying to leverage a total of 45 Billion Euros for the entire Latin American and Caribbean Region.
With this, he added that they have identified several priority areas with partners in areas such as digital transformation and renewable energy, among other things.

Further to this, the USAID representative for the Eastern and Southern Caribbean, Mervyn Farroe, said that the agency’s goal is to support the creation of a safe, prosperous and resilient Caribbean region.
As such, he indicated that they will continue to partner with local governments, private sector bodies and regional organisations to achieve this goal.

Farroe added that the investment forum was the perfect opportunity to make connections and partner with businesses to accelerate investments in the key areas of agriculture, digitalisation of business and the green-economy transition.
Meanwhile, a representative of the IDB Lorena Solorzano-Salazar, during the conference indicated that in its quest to foster partnerships in the region, the bank has been focused on implementing its ‘One-Caribbean’ strategy aimed at promoting integration and resilience while supporting projects.

However, during that conference, Deputy Executive Director of the Caribbean Export Development Agency, Leo Naut, which is the parent company of the Caribbean Investment Forum, said that with bringing together these international development partners, the region can leverage their expertise, resources and networks to drive impactful projects forward.