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INVESTMENT OPPORTUNITIES MAIN AREA OF FOCUS AT DIASPORA CONFERENCE

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KINGSTON, Jan. 13 (JIS): Investment opportunities in Jamaica will be the main area of focus, when the sixth biennial Jamaica Diaspora Conference is held at the Montego Bay Convention Centre, in St. James, from June 13 to 18.

State Minister for Foreign Affairs and Foreign Trade, Hon. Arnaldo Brown, said this emphasis will be a continuation of activities initially undertaken at the 2013 conference, and is in response to concerns which have been raised by persons in the Diaspora, mainly the United States, Canada, and United Kingdom, about the seeming lack of information about opportunities available to them.

Speaking at Monday’s (January 12) launch of the revamped Jamaica Association for the Resettlement of Returning Residents (JARRR) website, at the Jamaica Conference Centre, in downtown Kingston, Mr. Brown said based on discussions with persons residing in the three largest Diaspora communities, some have indicated that “they are not hearing about the investment opportunities in Jamaica…while others are saying that they are not hearing about the investment opportunities in (good) time.”

“This indicates that there is significant interest among Jamaicans (overseas) to invest in Jamaica…and their interest is welcome and ought to be facilitated. It is one of the reasons why we felt that the best place to begin to have a deeper dialogue about investment opportunities is in the context of the biennial conference,” the State Minister added.

Mr. Brown, who has responsibility for Diaspora Affairs, said it is against this background that the Government, through the Foreign Affairs and Foreign Trade Ministry, will partner with several private sector entities to stage the six-day conference.

These include: Jamaica National Building Society (JNBS), Victoria Mutual Building Society (VMBS), GraceKennedy Limited, and J. Wray & Nephew Limited.

The State Minister said these companies have “built out their network based on Diaspora engagement and locations.”

“This demonstrates the importance of members of the Jamaican community who live outside of Jamaica. We believe that they should have an opportunity to take full advantage of the many and varied investment products that are available in the country,” Mr. Brown emphasised.

Citing the success of the 2013 conference, the State Minister pointed out that the marketplace concept that was introduced at that conference, which facilitated networking among Jamaican businesses operating locally and overseas, will be expanded, adding that the concept has been fruitful.

“So, this year we are going to have (among our partners) the Jamaica Exporters’ Association (JEA), Jamaica Manufacturers’ Association (JMA), Jamaica Agricultural Society (JAS), Agro Investment Corporation (AIC), and the Jamaica Stock Exchange (JSE) and, of course, Jamaica Promotions Corporation (JAMPRO) will be there with a one stop shop facility, where you can get everything you need done right there, and in (good) time,” he added.

The revamped website of the JARRR will cater to returning residents, other persons in the Diaspora, businesses and
other stakeholders, by providing direct linkages on products and services offered locally.
The site can be accessed at: www.ja-rrr.com.

Bahamas News

Over 68,000 STAYED HOME in Bahamas Elections; We have BEST and WORST for Voter Participation

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#TheBahamas, September 21, 2021 – The just-concluded General Election in Bahamas has presented a new shift in governance.  The former ruling part, Free National Movement, lost nearly all the electoral seats it secured in the 2017 general elections.  However, this seems a swap of the Progressive Liberal party’s score in the 2017 general elections in which the former ruling party (FNM) won nearly all the parliamentary seats.

68,000 STAYED AWAY

While the FNM secured 35 out of 39 seats in the 2017 ballot, leaving only four slots for the Opposition, the 2021 elections presented “new day” with the Opposition clinching 32 parliamentary seats, leaving the former ruling party FNM with only seven slots.

However, the election results showed a significant drop in voter turnout compared to the 2017 election results. Out of 194,494 registered voters in The Bahamas, only 126,414 voted, translating to 65 per cent voter turnout.

PREVIOUS ELECTION HIGHER

This was different from the previous election in which 160,407 out of 181,543 registered voters cast their ballots, translating to a remarkable 88.36 per cent voter turnout.

Being the first election in the island nation since the Covid-19 struck the Caribbean; the dismal voter turnout could be attributed to the severe impact of the Covid-19 pandemic in The Bahamas and the current countermeasures taken by individuals to avoid contracting the deadly virus.

It could also be voter apathy.

BEST IN SHOW

Despite coronavirus prevalence in the country, North Andros & Berry Islands, Cat Island, Rum Cay & San Salvador, and Mangrove Cay & South Andros constituencies recorded an impressive voter turnout of 77.99 per cent, 76.11 per cent and 73.06 per cent respectively.

North Andros & Berry Islands had 2,126 out of 2,569 registered voters cast their ballots, followed by 1,255 out of 1,622 in Cat Island, Rum Cay & San Salvador, and 1,706 out of 2,164 registered voters in Mangrove Cay & South Andros.

VERY LOW SHOW

The bottom three constituencies in terms of voter turnout include Bamboo Town, which had 3,436 out of 5,838 (58.63 per cent) registered voters cast their ballot, followed by Garden Hills with 3,033 out of 5,287 (57.09 per cent), and   Central & South Abaco falling at the bottom of the list with 1,844 out of 3,271 (55.96 per cent).

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COVID Works programme launched by Ministry of Physical Planning & Infrastructure Development

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#TurksandCaicos, September 21, 2021 – The Minister of Physical Planning and Infrastructure Development, the Honourable Akierra Mary Deanne Missick and the Physical Planning & Infrastructure Development team are pleased to announce the launch of the COVID WORKS Programme, that went live on September 1, 2021.

The Programme seeks to support many who have lost jobs and livelihoods, while providing labour intensive work for economic exchange opportunities for persons to be engaged.

Works are set out in three (3) levels and comprise a variety of categories example, cleaning, road works, demolition and general construction to name a few.

Level 1 – value $1,500 – $9,999

Level 2 – value $10,000 – $39,999

Level 3 – value $40,000 – $70,000

Turks and Caicos Islanders with valid business licenses are also being encouraged to submit proposals to the Public Works Department for consideration for works throughout the islands. 

Commenting on the launch of the programme, Hon. Missick said, “We are very much mindful of the impact that restrictions introduced by Government in an effort to mitigate the spread of Covid-19, has had on the islands, many continue to experience financial hardship. Whilst, the hospitality and construction sectors in Providenciales have rebounded well, as an Administration, we cannot rest knowing that other industries are still limping along.

As a result, during the remainder of this financial year, the Turks & Caicos Islands Government has now launched the COVID Works Programme to provide an opportunity for Petty and Small Contractors to assist the Government in the enhancement of our communities, through programmed works, to the benefit of all of us as residents”.

The Minister went on to note, “This Programme is set to the tune of US$5,000,000.00, and works will be rolled out across the Islands in batches, as we have to ensure that we do not go beyond the allotted expenditure and that financial oversight and transparency are maintained.”

The initial batch of works for South Caicos, which comprised the following, was returned and evaluated on Monday, September 13, 2021 and included:

South Caicos 

Demolition- Queen’s Shed

Demolition- Distribution Concrete Tank

Demolition- Old Clinic Building

Demolition- DECR Building

Demolition- Library Building

Repair of Water Cistern

Works for Grand Turk included:

Grand Turk 

Demolition- Blood Bank Building

Demolition- Geriatric Ward Building

Demolition- Kitchen Building

Demolition- X-ray Building

All returning bids must be sent to the COVID Works email at tcigworks@gov.tc

Kindly note that as of Monday, September 20, 2021, the following works are planned to be released:

Grand Turk: 

Beach Cleaning (Eastern portion of Grand Turk)

Street Cleaning (All areas)

Providenciales:

Beach cleaning (Areas of Shore Club and Five Cays)

Street Cleaning (All areas)

A number of other works for Middle & North Caicos, as well as Salt Cay will be released shortly. This is a six month program that will spread throughout the TCI and we encourage persons to continue to register via tcigworks@gov.tc or the local Public Works Department and District Commissioners’ offices, to be eligible for this opportunity.

These works will continue on a monthly basis and the programme will come to an end in March 2022.

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Bahamas News

BAHAMAS: Nine new Cabinet ministers sworn-in

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#TheBahamas, September 21, 2021 – Prime Minister the Hon. Philip Davis today introduced the first set of new Cabinet ministers with portfolios covering the Attorney General, Foreign Affairs, Education, Works and Public Utilities, Health and Wellness, Government Affairs, Agriculture, National Security and Legal Affairs.

The nine ministers were sworn-in on Monday 20 September 2021 by Governor-General the Most Hon. Sir Cornelius A. Smith during ceremonies held at the Baha Mar Convention Center.

“They are the initial members of a Cabinet which will reflect the breadth and depth of the competencies and characteristics of our team: experience combined with innovation; expertise combined with a willingness to see things anew; integrity and a strong sense of purpose,” said Prime Minister Davis.

“They are receiving these appointments because of their determination to get things done.”

Among the new Ministers sworn-in on Monday were:

  • Senator the Hon. L. Ryan Pinder, Attorney General;
  • Hon. Fred Mitchell, Minister of Foreign Affairs and Public Service;
  • Hon. Glenys Hanna-Martin, Minister of Education, and Technical and Vocational Training;
  • Hon. Alfred Sears, Minister of Works and Utilities;
  • Dr. Hon. Michael Darville, Minister of Health and Wellness;
  • Senator the Hon. Michael Halkitis, Minister of Government Affairs and Leader of Government Business in the Senate;
  • Hon. Clay Sweeting, Minister of Agriculture, Marine Resources and Family Island Affairs;
  • Hon. Wayne Munroe, Minister of National Security; and
  • Hon. Jomo Campbell, Minister of State for Legal Affairs.

“I am confident that these first-appointed members of our Cabinet team are ready to deliver on the promise of a New Day for our Bahamas,” said the Prime Minister.

Prime Minister Davis pledged to move with urgency to address the economic and health crises that are faced by The Bahamas.

Many thousands of Bahamians are out of work, people are losing too many loved ones to the COVID-19 virus and Bahamian schoolchildren are falling behind, said Prime Minister Davis.

“I want to be clear: we are not here to tinker at the edges of these problems,” said the Prime Minister.

“We are here to meet them head on.”

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