Providenciales, TCI, February 1, 2017 – Real diversification is what the Financial Services Industry has the potential to deliver agreed members of the sector and the Finance Minister and Premier, Hon Sharlene Robinson who agree that now is the time to form an Advisory Group to guide growth.
Among the PDM Administration’s many meetings and tours included a session with the FIA or Financial Industry Association. The sector, the number two industry for the country, reportedly accounts for some 13% of GDP and can see more careers, and expansion.
Premier Robinson said, “we will work with the private sector and other relevant stakeholders to provide the necessary legislative foundations, immigration policy and political support to enable this sector to thrive and compete on a regional and global level. We’re keen for the international financial services community worldwide to know that the Turks and Caicos is open for new business in this sector, and we look forward to delivering real growth, new job opportunities and valuable government revenue.”
Managing Director of Chartered Trust and President of the FIA, Peter Savory said he was heartened by the meeting and that he looks forward to delivering on the ambitious but achievable agenda of the Finance Minister.
Savory also commented that, “…the Premier, who clearly appreciates the potential that an expanded financial services industry has to help diversify our economy and to deliver real economic growth and new well-paid jobs for Turks & Caicos Islanders providing them, as it will, with tremendous scope for professional development and opportunities for new career paths…”