Connect with us

News

Invest TCI attends the 26th World Investment Conference 2022 organised by WAIPA

Published

on

#TurksandCaicos, October 6, 2022 – The 26th chapter of the World Investment Conference (WIC) took place September 13th – 14th, 2022, in Geneva, Switzerland.  This year’s event was held under India’s presidency on the overarching theme of “Investment Promotion Agencies (IPAs) Shaping the Future of Foreign Direct Investments (FDI).”  The conference was attended in person by over 350 representatives from 104 countries representing a 7.25 billion population.  In addition to IPAs, the guestlist included heads of multilaterals, executives of global private sector companies, and start-ups.  Officials from UNCTAD, ILO, World Bank, OECD, and OACPS were present during the event.  The event was live streamed in over 100 member countries.

Hosted since 1995, WIC is the World Association for Investment Promotion Agencies’s (WAIPA) annual flagship event and a key forum where IPAs, multilaterals, and the private sector convene to address current economic and social issues that may affect global investment flows and other strategic and policy considerations. It is one of the largest gatherings of IPAs from least developed and developing countries.

WIC 2022 witnessed the launch of the United Nations Industrial Development Organization (UNIDO)Portal for African, the Caribbean, and Pacific Regions, International Solar Alliance (ISA) Startup Challenge, WAIPA Community Platform, WAIPA–United Nations Development Programme (UNDP) Sustainability Initiative & WAIPA Business Advisory Board.  Panel discussions were held on issues disrupting the world economy today, such as Digital FDI, Sustainability & Impact FDI, Evolution of Global Value Chains, and Creation of Investable Projects. Masterclasses were organized to attract sustainable investments and transform communities through innovation.

CEO Angela Musgrove and Sheryl McLaughlin, Investment Service Executive, attended the conference on behalf of Invest TCI. Mrs. Musgrove participated in the WIC Talks presentations.  This 10-minute engagement with the audience gave insight into the investment potential and opportunities that lie within the beauty of our islands. Mrs. Musgrove commented on the event, “Invest Turks and Caicos is a member of WAIPA; participation in this year’s event would be the first since confirmation of membership. This year’s event provided an ideal opportunity to amass greater awareness of the global economic landscape and its impact on the economic sectors of the islands.  The event provided an opportunity for Invest TCI investment facilitation staff to keep abreast of current industry trends and practices while embracing opportunities to engage in discussions on business opportunities in the TCI. It provided the platform to discuss current economic and social issues affecting global investment flows and other strategic and policy considerations.”

Mr. Patrik Wermelinger, Head of Investment Promotion, Switzerland Global Enterprise & Vice President, WAIPA, highlighted that WAIPA brings together the top national IPAs.  “We congratulate WAIPA on this valuable platform that makes it possible for all of us to share our ideas and learnings with the aim to help everyone become more successful for your individual country.  This is very much in aim with the spirit of Switzerland, which is committed to advanced international cooperation and dialogue among nations.”

For more information on WIC and other events, visit Invest TCI’s website at www. Investturksandcaicos.tc.

Continue Reading

News

TCI Border Force Hosts Border Security Training for Overseas Territories

Published

on

Turks and Caicos, February 12, 2025 – The Turks and Caicos Islands (TCI) Border Force recently concluded a series of critical training exercises focused on container targeting, search procedures, and firearms awareness. This initiative, a vital investment in regional security, saw TCI Border Force officers joined by colleagues from the Anguilla Customs Department, BVI Customs Department, and Cayman Islands Customs and Border Control.

The training, conducted from 21st to 31st January, was facilitated by a team from Home Office International Operations through the Foreign, Commonwealth & Development Office (FCDO) Border Security Programme and organised via the Integrated Security Funding Overseas Territories Border Security Programme. This collaborative effort underscores the commitment of the UK government and participating agencies to combat transnational crime and the flow of illicit goods within the Overseas Territories.

The curriculum encompassed three courses. The first, Fundamentals of Container Targeting (21st-24th January), focused on enhancing participants’ understanding of current priorities and container targeting capabilities, risk analysis within container traffic, and practical exercises utilising intelligence flows. The second, Search of Containers, saw participants receive specialised training on current threats facing the shipping industry and best practices for container search procedures. Finally, a crucial course on Firearms Awareness provided instruction on various types of firearms and the identification of firearm parts, equipping officers with the knowledge necessary to interdict illegal weapons.

These training exercises represent a significant step forward in strengthening the TCI Border Force’s ability to facilitate trade while protecting the borders of the Turks and Caicos Islands. Enhanced targeting and search capabilities will lead to more effective screening of cargo and potentially shorter processing times for legitimate shipments. Greater security will also be evident as the increased focus on firearms awareness will contribute to a safer environment.

“This training is a crucial investment in the safety and security of the Turks and Caicos Islands,” stated Emilio Seymour; Director General of TCI Border Force. “By working collaboratively with our regional partners and leveraging the expertise of the Home Office, we are significantly improving our ability to detect and deter criminal activity. The enhanced skills acquired by our officers will have a direct and positive impact on our community, protecting our economy and ensuring a safer environment for all.”

The TCI Border Force remains committed to protecting the borders of the Turks and Caicos Islands and ensuring the safety and security of its citizens. This training initiative represents a significant investment in that commitment.

Continue Reading

News

Solar PV Projects Completed at Critical Turks and Caicos Islands Healthcare Facilities

Published

on

Grand Turk Wellness Center

PRESS RELEASE

 

FROM THE Ministry of Public Safety and Utilities

South Caicos

Providenciales, Turks and Caicos Islands 11th February 2025 – The Turks and Caicos Islands (TCI) have taken a significant step toward a more sustainable energy future with the installation of five (5) solar photovoltaic (PV) systems at key healthcare facilities across the archipelago.

This initiative, funded by the European Union through the Resilience, Sustainable Energy, and Marine Biodiversity Programme (RESEMBID) and implemented by Expertise France, aims to enhance sustainability, reduce operational costs for the TCI Government, and contribute to long-term economic viability.

North Caicos

The solar PV systems have been strategically installed at critical medical facilities, including the Blue Hills Clinic in Providenciales, the Bottle Creek Clinic in North Caicos, the Alsada Hall-Malcolm Primary Healthcare Clinic in Middle Caicos, the South Caicos Primary Health Clinic, and the Wellness Centre in Grand Turk. These healthcare centers provide essential services to local communities, and the integration of solar energy demonstrates TCI’s commitment to environmental responsibility and energy efficiency within vital public sectors.

Leading this transformative initiative is the Energy and Utilities Department (EUD) under the Ministry of Public Safety and Utilities (MPSU). The EUD has overseen the installation and integration of these solar PV systems within the local energy landscape, leveraging the islands’ abundant sunshine which averages approximately 350 sunny days per year — an ideal setting for solar energy generation. These systems, equipped with advanced battery storage solutions, will significantly reduce electricity costs for healthcare facilities while ensuring uninterrupted power supply during grid outages or energy supply challenges.

Middle Caicos

EUD Commissioner Delano R. Arthur emphasized the importance of this initiative: “The solar PV systems will greatly reduce electricity costs and symbolize our shift toward a sustainable energy future. This investment not only strengthens energy security, but reduces dependence on imported fossil fuels, lowering carbon emissions and environmental impact.”

The collaboration between the European Union, Expertise France, and local government agencies ensures that the project aligns with international renewable energy standards, benefiting both the environment and the community. Installation was successfully carried out by Green Revolution Ltd., a local company committed to advancing sustainable development in TCI. Their involvement highlights the importance of local expertise and community engagement in executing renewable energy initiatives.

Blue Hills

For further information, please contact:

Energy and Utilities Department (EUD)
Email: eud@gov.tc

Continue Reading

News

SHARK INCIDENT, BLUE HILLS

Published

on

12 February 2025, Providenciales – On Friday 7 February a tourist was injured by a shark in the waters adjacent to Blue Hills, Providenciales.

The individual was taken to Cheshire Hall Medical Centre where she was stabilized and later flown off island for further medical care.

Upon confirmation of the incident the Department of Environment & Coastal Resources (DECR) issued a beach closure notification from Thompson’s Cove Beach to Froggies ATV, Blue Hills in an abundance of caution. The beach was reopened on Sunday, February 9th at 1pm after it was determined that the shark had moved to deeper water.

The shark was estimated to be approximately 6ft in length, however the species is yet to be confirmed.

Further to the investigation, it has been determined that the tourist had attempted to engage with the animal from the shallows in an attempt to take photographs.

The DECR would like to urge the public to always  be aware of your surroundings, follow local advisories, and respect marine life. Swim in designated areas, avoid murky waters, never swim alone, and do not attempt to feed marine wildlife under any circumstances

Continue Reading

FIND US ON FACEBOOK

TRENDING