News
Board of Directors of Invest TCI host first Annual General Meeting
#TurksandCaicos, September 18, 2022 – The Board of Directors of Invest Turks and Caicos Agency (Invest TCI) hosted its first Annual General Meeting (AGM) on September 1st, 2022, at 6:30pm at the Palms Resorts Messel Ballroom. The AGM provided a unique opportunity to engage government officials, heads of statutory bodies, partners, and other key stakeholders who were presented with a review of the Agency’s performance for the fiscal year 2021-2022.
The Meeting was called to order by the Chairman of Invest TCI, Alvin Hegner. The Chairman provided an overview of the Agency’s performance and past year’s highlights. The year’s accomplishments included completing the Agency’s strategic plan, initiating the digitizing of the Agency’s processes, reviewing of the Investment and MSME policies and improving the website. The Agency also focused on developing a more diverse pipeline of projects, enhancing the business climate reform, and prioritizing business support to local investors through the MSME Programme.
The CEO of Invest TCI, Angela Musgrove, was delighted to share with the attendees the completion of the Agency’s five-year strategic plan and the Agency’s plans going forward. The key focus of the strategic plan is strengthening the institutional capacity, developing MSME competitiveness, strengthening investment promotion and facilitation, and encouraging and facilitating increased domestic direct investment while advocating for an improved business environment.
The Agency also used the opportunity to recognize the staff of the Invest TCI team with five or more years of service to the Agency. Congratulations and appreciation are extended to Angela Musgrove – CEO, Trina Adams-Smith – Vice President of Marketing and Promotion, Alexa Cooper – Vice President-SME Development, Deborah Astwood – Corporate Service Manager, Hezron Henry – Marketing Support Officer, and Temeka Rigby – Administrative Officer.
The Chairman, Mr. Hegner, commented on the Agency, said, “On behalf of my fellow Directors, I thank the staff of Invest TCI for their ability to adapt, courage to change, and enthusiasm to facilitate inspiration to reality. We are thankful for ongoing support from the Premier and the Deputy Premier for their guidance, recommendations, and outlook support. I thank my fellow Directors for dedicating their time, their adaptability, and intellect to advancing the Agency. Together we all made excellent progress for our economy, and I am looking forward to another year of progress because we are a country of opportunities.”
Mrs. Musgrove, CEO of Invest TCI, stated, “I embrace this opportunity to thank each team member for their
dedication and commitment to the Agency’s mandate. They have worked diligently with our stakeholders in a spirit of partnership, collaboration, and respect. I look forward to their continued commitment to the Agency’s progress as we move boldly towards not just completing our strategy but successfully implementing it and monitoring its impact on our economy. I am confident that we will be able to re-tool our team, reshape our image, reinforce our relevance, and as a country reap the rewards from the work of a successful and impactful Invest Turks and Caicos.”
Also in attendance at AGM was the Premier, Dr. Honorable Charles Washington Misick, who brought remarks on behalf of Honourable E. Jay Saunders, Minister for Finance Investment and Trade. Honourable Misick congratulated the team at Invest TCI for a job well done over the past year and for the Agency’s contribution to the economic development of the Turks and Caicos. The Honourable Premier stressed the importance of domestic investment and placing Turks and Caicos Islanders at the forefront of investment in the islands.
To review Invest TCI’s Annual Report and Strategic Plan, you may visit the Agency’s website at www.investturksandcaicos.tc
Providenciales, Turks and Caicos Islands – May 14th, 2024 – The Turks and Caicos Islands Government and Molo Hotel Group reached a pivotal juncture on Monday, May 13th, 2024, with the ceremonial signing of a development agreement at the Premier’s Office on Providenciales. The agreement, which received official Cabinet approval on March 13th, 2024, signifies a steadfast commitment to advancing the economic landscape of the Turks and Caicos Islands.
Molo Hotel Group is a family-owned business, renowned for its distinguished portfolio of high-quality hotels worldwide. The
development initiative encompasses the construction of three distinct IHG branded hotels: InterContinental Turks and Caicos, Kimpton Turks and Caicos and Hotel Indigo Turks and Caicos. Scheduled for completion by 2027, each resort boasts a distinctive design from luxury to laidback sophistication spanning across the shores of Grace Bay Beach.
Kimpton Turks and Caicos – an epitome of luxury lifestyle living, will feature 192 guest rooms including three outdoor pools, a luxury spa and a fitness center. Additionally, seven dining options ranging from a beachfront restaurant to a rooftop bar.
Adjacent to the Kimpton, InterContinental Turks and Caicos will offer 59 classic luxury suites with panoramic ocean views. Mirroring its counterpart, this resort will offer an array of dining options and upscale facilities.
Steps away from the Intercontinental and Kimpton resorts, Hotel Indigo Turks and Caicos will embrace a sense of community and contemporary elegance, offering 56 bedrooms. The resort will feature an onsite restaurant, lobby bar, outdoor pool, and fitness room.
Beyond the realm of hospitality, this development agreement underscores the government’s commitment to fostering economic growth and enhancing employment opportunities in the Turks and Caicos Islands. Molo is partnering with the Turks and Caicos Islands Community College (TCICC) to actively promote hospitality as a career choice and support in developing training programs, career fairs, seminars, workshops, and events to raise awareness about hospitality careers. Molo has committed to provide employment and apprentice opportunities to TCICC students and provide mentoring and practical on property training to students.
The signing event was graced by Hon. Charles Washington Missick, Premier of the Turks and Caicos Islands, Hon. Jamell Robinson, Deputy Premier, Hon. Kyle Knowles, Minister of Public Safety and Utilities, Hon. Rachel Taylor, Minister of Education, Youth, Sports and Culture, Łukasz and Marcin Slominski, Owners of Molo, Ross Morrow, Managing Director Molo, Arik Kono, Vice President Upscale Development for IHG, Dr. Candice Williams, President and CEO of the Turks and Caicos Islands Community College, Angela Musgrove, InvestTCI CEO, Dr. Barbara Ambrister, Chairperson of the Turks and Caicos Islands Community College, Dr. Delores Stapleton- Harris, Vice President of Academic, Vocational and Student Affairs for the Turks and Caicos Islands Community College, Mr. Kevin Baxter, Dean of Technical Vocational Education Training (TVET) and Sheryl McLaughlin, InvestTCI Investment Services Executive.
Commenting on the development agreement, Premier, Hon. Misick, stated “The Memorandum of Understanding (MOU) signing of
IHG/Molo Hotels is a significant step towards a sustainable future for hospitality in the Turks and Caicos Islands. Three hotels, Kimpton, Intercontinental, and Hotel Indigo, will be introduced, enhancing our tourism product and creating employment opportunities.”
He further added, “Partnerships with the Turks and Caicos Islands Community College and Turks and Caicos Islands Sports Commission are underway, demonstrating the Government’s commitment to developing human capital and elevating tourism offerings. This project will bring economic growth, embrace local talent, and enrich our economy.”
Additionally, Mrs. Angela Musgrove, CEO of Invest Turks and Caicos Islands, emphasized “This collaboration confirms our commitment to fostering economic growth and prosperity within our country. We have worked closely with Molo Hotel Group, and we are confident that this transformative project will further position the Turks and Caicos Islands as a premier destination for travel and investment. Much to our delight, it will also provide opportunities for engagement with our Community College and small business community.”
The Government of the Turks and Caicos Islands, operating through its primary Investment Promotion
Agency, Invest Turks and Caicos Islands, remains committed to attracting and facilitating Foreign Direct Investments to the country by providing a comprehensive suite of services. Through strategic initiatives and targeted promotion, the agency catalyzes sustainable development, driving innovation and small business opportunities across various sectors of the economy.
#TurksandCaicos, May 13, 2024 – Detectives of the Serious Crime Unit of the Royal Turks and Caicos Islands Police Force have
charged a man who allegedly stole a vehicle.
The accused, DANVANTE BRISCO, 30, of Kew Town, Providenciales, was charged with:
- One Count: Robbery
- One Count: Taking Motor Vehicle Without Authority
- One Count: Using Offensive Weapon to cause fear
Mr. BRISCO appeared in court today (May 13 ) and was granted bail of $7500.00 with one surety.
The matter was adjourned to July 05 for a Sufficiency Hearing.
#TurksandCaicos, May 13, 2024 – A 20-year-old Dock Yard male appeared in court today (May 13th) charged with a series of firearm-related offences.
The accused, JAMES SIMON, was denied bail and remanded into custody pending a Sufficiency Hearing scheduled for July 05th, 2024.
Mr. SIMON faces the following charges:
- One Count: Robbery;
- One Count: Gang Membership
- One Count: Possession of a Firearm for the Benefit of a Gang
- One Count: Possession of Ammunition for the Benefit of a Gang.
The charges against Mr. Simon followed investigations by officers of the Royal Turks and Caicos Islands Police Force into a robbery at the parking lot of a Casino where three males robbed a victim.
Additionally, Mr. Simon is charged with the following offences, having been arrested on May 02nd, 2024, along South Dock Road.
- One Count: Possession of a Firearm
- One Count: Possession of Ammunition
- One Count: Unlawful Entry
Officers also charged a teenage minor who was in the company of Mr. Simon on May 02nd with One Count of UNLAWFUL ENTRY.
The accused, seventeen and from Kew Town, Providenciales, pleaded guilty and will be sentenced on May 20th.
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