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The TCI Business Outlook by Philip C. Galanis

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CONSIDER THIS …

“Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon.” Winston Churchill

As published in the Nassau Guardian, June 10, 2024 – On Friday, June 7, 2024, Counsellors Limited staged the first-ever Turks and Caicos Islands (TCI) Business Outlook (the Business Outlook) at Beaches Resort, Villages, and Spa on Providenciales. By any objective measure, the event, which was attended by ninety participants, was an outstanding success. Drexwell Seymour, Managing Partner of HLB TCI Ltd., and Deandrea Hamilton, CEO and Consultant of Magnetic Media, moderated the historical event. The theme for the Outlook was “Opportunities for Growth and Inclusion for All TCI Stakeholders.”

Therefore, this week, we will Consider This … what were some of the highlights of the first TCI Business Outlook?

Keynote address

The Hon. Charles Washington Misick, MP, Premier of the TCI, delivered the keynote address. During his remarks, Premier Misick highlighted some of his government’s fiscal results over the past few years and the challenges that the jurisdiction faces in the years ahead.

The Premier observed that the TCI has been very successful, particularly in the management of its fiscal matters. He also shared that the TCI Government’s budgeted 2023-24 revenue was $415 million, a healthy budget surplus of $56 million, and the government had accumulated no national debt. He confirmed that his government had approved more than $1 billion in investment in the tourism sector. In addition, he stated that investments of another half a billion dollars were in the pipeline and that, over the next two years, the tourism plant would increase by at least 1,600 new hotel rooms. While most of those investments will be made in Providenciales, high-end brands such as Marriott will be developed on some of the other islands in the Turks and Caicos.

The Premier also noted that his social budget had increased from $3 million to $10 million since coming to office, recognizing that it was important that no Turks Islander be left behind. He also alluded to the need to rationalize taxes so that they are more equitably applied across disparate social groupings.

Tourism drives the TCI economy

The Hon. Josephine Connolly, MP, Minister of Tourism, Environment, Heritage, Maritime, Gaming, and Disaster Management, built on Premier Misick’s presentation regarding the role tourism plays in TCI economy.  Tourism drives the TCI economy, according to the Minister of Tourism, accounting for nearly 80% of the gross domestic product, most of which is centered in Providenciales.

In 2021, the United States was the main market for inbound tourism in the Turks and Caicos Islands, making up more than 80% of the nearly half a million stop-over visitor arrivals registered in that year.

This was confirmed by Stacey Cox, CEO of Turks & Caicos Hotel & Tourism Association, and Alvin Hegner, Chairman of Experience TCI, both of whom delivered presentations on tourism and its importance to the jurisdiction. The Turks and Caicos Hotel & Tourism Association is dedicated to fostering sustainable growth in tourism for the benefit of its members and the wider TCI community.

Experience TCI is the tourism authority responsible for promoting the Turks and Caicos Islands as a premier travel destination and boosting the number of visitors, enhancing their experience, and thereby driving economic growth and sustainability in the Turks and Caicos Islands through a thriving tourism sector.

Catalyst for growing business

Angela Musgrove, CEO of Invest TCI, and Paul Pirie, CEO of TCI Finance, delivered presentations on the Catalyst for Growing Business. Invest TCI was established to assist local and foreign investors in accessing government concessions for investing in the Turks and Caicos islands and to provide investors with introductions to local service providers/suppliers. On the other hand, TCI Finance has a mandate to grow the jurisdiction’s financial services sector in competition with other financial offshore centers such as The Bahamas, the British Virgin Islands, and the Cayman Islands. The presenters outlined their plans for achieving their objectives.

Mr. Pirie noted that financial services presently account for less than 10% of the island’s gross domestic product, which he hopes to grow to 30% in the years ahead, notwithstanding the sustained assaults that similar offshore financial sectors experience from the OECD and the Financial Action Task Force. Some participants questioned TCI Finance’s ability to achieve such an aggressive objective considering the existing regulatory framework in which the offshore financial sector currently operates.

The sessions on Access to Capital and The Future of Banking were presented by Kerryl Lyn King-Henry and Terrance Gibson, the Country Managers of the Royal Bank of Canada and CIBC, respectively. Both presenters addressed the challenges that its current and prospective customers face in accessing capital and the steps the banks are taking to address those challenges. In addition, Mr. Gibson addressed the challenges that some of the bank’s customers face regarding access to banking services on some of the smaller, more remote, and less populated islands in the Turks & Caicos Islands, similar challenges that Bahamians face on similarly placed islands within its archipelago.

Modern healthcare services

The session on Committed to Health and Innovation was extremely interesting in terms of both the content and the timeliness of the information imparted to Outlook’s participants. Mr. Dennis Deveaux, CFO of Doctors Hospital Health Systems in The Bahamas, and Dr. Denise Brathwaite-Tennant, CEO of TCI Hospitals, updated the audience on the latest offerings by both organizations, highlighting that world-class medical services are available at both institutions and that both organizations are constantly reviewing how they can improve their services locally in order to avoid patients from seeking modern medical treatment abroad.

Infrastructure

Honorable Jamell Robinson, MP, Deputy Premier, and the Minister of Physical Planning and Infrastructure Development, delivered a presentation on “Addressing Infrastructure and Housing Challenges.” The Minister informed the participants that the demand for residential housing will be between 8,500 and 13,000 new homes and apartments over the next few years. He advised us that most of this demand is being generated by the growth in the economy, principally in the tourism sector, and that affordable housing will continue to be a major challenge for his ministry for the foreseeable future.

The Minister also spoke about some of the infrastructural developments that will take place in the Turks and Caicos, with great emphasis on improving the Providenciales International Airport. That improvement has been pegged at approximately $400 million and is projected to begin later this year.

Minister Robinson also discussed the need for the government to address the congestion that has arisen on Providenciales and what his government intends to do to expand the road corridors throughout the island. He noted that his ministry will provide infrastructural development for airports on the neighboring islands of the TCI.

Mr. Devon Cox, Vice President of Operations at Fortis TCI, the electric company made a presentation on the country’s electricity infrastructural needs. He informed Outlook that in light of the anticipated increase in the number of hotel rooms and other ongoing development projects on the islands, the need for reliable, affordable electricity would increase exponentially and that Fortis has developed a master plan to address the demand. He also provided an analysis of the power infrastructural developments that will take place on the other islands of the archipelago.

Mr. Delano Arthur, Executive Director of the Energy and Utilities Commission, informed the audience about some of the plans to regulate the utilities industries in the TCI. The Energy and Utilities Commission plays a very similar role in the TCI to that of URCA in The Bahamas. Although it is not statutory, plans are being made to establish the Energy and Utilities Commission as a statutory body shortly.

The Bahamas diaspora

The day’s final session was entitled “The TCI-Bahamas Diaspora—Embracing a New Mindset of Collaboration.” Ms. Vernae Mills, Executive Director of the TCI Bahamas Diaspora office in Nassau, Bahamas, addressed the participants on the role that the office plays in assisting Turks Islanders who live in The Bahamas and encouraging and facilitating their return to take advantage of opportunities in the TCI.

Conclusion

As we indicated before, the first-ever TCI Business Outlook was a stunning success. This Business Outlook was historical because it was the first time that The Counsellors Limited has hosted this successful series outside The Bahamas. As Mrs. Joan Albury observed when she summarized the day’s event, “We hope that this will be an annual feature in the TCI business calendar, and we will make every attempt to host it early in the year, so then it becomes much more meaningful and effective for its participants.”

Our countries, The Bahamas and the Turks and Caicos Islands have been intertwined for centuries, two tiny specks of the giant British Empire, together in an azure sea. To continue our relationship in the 21st century, in this instance in the realm of business, has the potential to promote productivity for our two countries that share geography, climate, backgrounds, customs, and success stories. To, once again, using the effective TCI Business Outlook as the forum, come together to mutually benefit our countries is historically appropriate and very satisfying to those of us who live in this little corner of the diaspora

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Building a Stronger Royal Turks and Caicos Islands Police Force through Change and Capacity Building

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Turks and Caicos, September 4, 2026 – As the world continues to advance, the nature of policing continues to evolve. Criminals are becoming more sophisticated, technology is changing rapidly, and the expectations placed upon law enforcement agencies have never been greater. If we are to remain effective in protecting our communities, we must be prepared to evolve alongside these changes.

It is against this backdrop that the Royal Turks and Caicos Islands Police Force has embarked on a journey of organizational transformation and modernization. Change is not always comfortable, nor is it easy. It requires us to challenge old ways of thinking, review longstanding practices, and sometimes make difficult decisions in pursuit of a better future.

We recognize that change often brings uncertainty and resistance. However, strong institutions cannot remain static. They must continuously adapt to changing circumstances while remaining true to their core mission and values. Our responsibility as a Police Force is to build structures, systems, policies, and capabilities that will endure long after any individual officer leaves the organization.

This transformation is not simply about responding to today’s challenges. It is about building an institution that is resilient, sustainable, and capable of serving future generations.

Central to this transformation is capacity building.

For too long, discussions about organizational effectiveness in policing have focused primarily on equipment and infrastructure. While these remain critical, true organizational strength comes from knowledge, competence, leadership, and institutional capability. Our objective is not merely to fill positions but to develop professionals who possess the expertise, confidence, and leadership skills necessary to navigate increasingly complex policing environments.

The Royal Turks ans Caicos Islands Police Force have made substantial investments in training, leadership development, specialist expertise, and knowledge transfer across the Force.  ACP Dr. Terrance Bent, drawing on more than 30 years of policing experience and professional knowledge, will play a pivotal role in driving this organizational transformation. These investments are intended not only to enhance individual capability and performance, but also to strengthen the institutional resilience and effectiveness of the Force. Every officer who undertakes advanced training becomes a valuable source of expertise, mentorship, and leadership, creating a lasting ripple effect that benefits colleagues, teams, and the wider organization.

In this way, capacity building becomes far more than professional development. It becomes the foundation upon which long-term organizational success is built.

Between October 2025 and August 2026, the RTCIPF delivered 63 training courses and programmes, recording 1,289 participant attendances across a broad range of professional development initiatives.

The Junior Command Programme, our flagship leadership development initiative, continues to strengthen supervisory and leadership capacity and offers certification and accreditation for further learning opportunities.  Four(4) cohorts have successfully completed the programme since its reintroduction, with the fifth cohort scheduled to conclude on 11 September 2026. To date, fifteen (15) persons from the RTCIPF and the Turks and Caicos Islands Border Force have completed the programme, while six participants are currently undergoing training. An additional 32 personnel remain engaged in ongoing professional development activities.

These investments in our people are already producing measurable results. We are building stronger leaders, enhancing operational capability, improving investigative capacity, and creating a more professional and adaptable workforce. These improvements are helping us create a police service that is better equipped to meet today’s challenges while preparing for those that lie ahead.

Encouragingly, these efforts are being reflected in our operational outcomes. Over the past year, the Royal Turks and Caicos Islands Police Force has recorded a steady decline in serious reported crime, including significant reductions in violent offences and homicides. Murders have fallen from a record high of 48 in 2024 to 27 in 2025, and to just three(3) recorded murders by the end of August 2026. This represents a reduction of 43.8% in 2025 and 93.8% in 2026 when measured against the 2024 baseline. Collectively, this equates to approximately 66 fewer homicides recorded over the period compared to what would have occurred had the 2024 murder rate continued.

Serious crime has also continued on a downward trajectory, decreasing from 551 offences in 2024 to 502 in 2025, with 210 offences recorded by the end of August 2026. Based on current trends, serious crime is projected to end 2026 at approximately 315 offences, representing a reduction of 42.8% compared with 2024.

These achievements are a testament to the dedication of our officers, the support of our partners and the cooperation of the communities we serve. The results demonstrate the positive impact of sustained investment in our people, targeted enforcement initiatives, intelligence-led policing and strong community partnerships.

While we are encouraged by this progress, it would be disingenuous not to acknowledge the challenges that remain.

Our officers continue to operate under demanding circumstances. There are genuine concerns regarding facilities, technology, equipment, uniform supplies and other resources necessary to support effective policing. These are not mere inconveniences; they are operational realities that can affect our ability to deliver services at the standard both the public and our officers deserve.

We acknowledge these concerns and are committed to addressing them.  To support this effort, the Force has engaged Mr. Rohan Richards as Chief Operations Officer.  Drawing on his extensive expertise and operational experience, Mr. Richards will provide strategic guidance and oversight to identify areas for improvement, strengthen organizational efficiency, and help drive the changes necessary to enhance the effectiveness, resilience, and capability of the Force.

The acquisition of modern technology, fit-for-purpose workspaces, specialized equipment and adequate operational resources remains essential to achieving our modernization objectives. Budgetary constraints continue to present challenges, and we will continue to advocate strongly for the investments required to equip the Force for the future.

However, while we pursue the resources we need, we cannot allow the absence of resources to define who we are. Our identity is shaped not by the equipment we possess, but by the professionalism, dedication, and resilience of the people who serve.

Every success achieved by this Force has been made possible through the determination, commitment, and sacrifice of the men and women who serve this organization and by extension, the people of the Turks and Caicos Islands.

Too often, the public sees the uniform but not the person behind it. They do not always see the long hours, the missed family occasions, the difficult decisions, or the emotional burden that policing can impose. Yet every day, our officers continue to answer the call of duty with professionalism, courage, and unwavering commitment.

As an organization, we have a responsibility to support our people by investing in their development, recognizing their contributions and creating opportunities for growth. Morale is strengthened when individuals feel valued, respected and empowered to succeed.

That is why our modernization programme places people at its heart. Every course completed, every skill acquired, every leadership opportunity created, and every improvement in working conditions is an investment in the people who make this organization successful.
While building capability and reducing crime remain essential priorities, public trust and police legitimacy are equally important.

The appointment of an Inspector General Alison Woods reinforces our commitment to ensuring that accountability is not merely an aspiration but a reality. It provides an independent mechanism through which allegations of police misconduct can be examined fairly, impartially, and transparently. This oversight role strengthens public confidence while supporting the professionalism and integrity of the overwhelming majority of officers who serve honourably each day.

At the same time, it is important to recognize the dangers that officers continue to face in the execution of their duties. Criminals remain willing to confront law enforcement, particularly during responses to firearms-related incidents.

A recent shooting involving several underage males serves as a stark reminder of this reality. Incidents such as these highlight the complex environment in which officers must operate, balancing accountability and transparency while confronting individuals who are often armed and prepared to engage in serious criminal activity.

For this reason, our focus has increasingly shifted from short-term gains to long-term sustainability. The true measure of success is not whether crime falls during my tenure as Commissioner. Rather, it is whether the systems, structures, and capabilities we are building today are strong enough to sustain that success long after my tenure has ended.

Building institutional resilience also means investing in the next generation of police officers. While developing our existing workforce remains a priority, we continue to focus on attracting talented individuals from within our own communities. Recruitment remains an important part of this effort, and we continue to encourage suitably qualified Turks and Caicos Islanders, Permanent Residency Certificate holders and British Overseas Territories citizens to consider a career in policing.

The future of this organization depends on our ability to identify, develop and retain individuals who are committed to public service, professionalism and integrity. By bringing new talent into the organization while continuing to develop those already serving, we are creating a sustainable foundation for long-term success and ensuring that the progress we achieve today can be maintained well into the future.

My goal is clear: not simply to reduce crime today, but to create the conditions that will keep crime low, communities safe, and public confidence strong for years to come.

Change does not happen overnight. It requires patience, discipline, commitment and collective effort. It requires the support of our officers, our partners, our Government and the communities we serve.

As we prepare for the reopening of schools, the Royal Turks and Caicos Islands Police Force will maintain an increased presence on the nation’s roads to help ensure the safety of students, parents and all road users. Motorists are urged to comply with all traffic laws and exercise patience during peak travel periods. Drivers who create unnecessary congestion or are found in violation of traffic regulations may face enforcement action and prosecution where appropriate.

Together, we are building more than a modern police service. We are strengthening an institution, safeguarding our progress, creating opportunities for our young people, and laying the foundation for a safer and more secure Turks and Caicos Islands for generations to come.

The men and women of the Royal Turks and Caicos Islands Police Force are our greatest asset. They remain the driving force behind every success we achieve today and every success this organization will achieve in the future.

Stronger Together, serving the citizens, residents and visitors of these Beautiful by Nature Turks and Caicos Islands.

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Starlink Gets 15-Year TCI Licence; Commission Reveals Fees, Future Flow and Digicel Partnerships

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Deandrea Hamilton | Editor

 

PROVIDENCIALES, TURKS AND CAICOS ISLANDS — Starlink has been granted a 15-year telecommunications licence in the Turks and Caicos Islands, with the satellite internet provider required to pay an initial licensing fee of approximately $112,600, followed by annual payments tied to revenues and spectrum use.

The details were provided directly to Magnetic Media by Kenva Williams, Director General of the TCI Telecommunications Commission, following the August 27 formal licensing ceremony.

Williams said Starlink will pay seven per cent of gross annual revenues for its network licence, a $23,600 annual spectrum fee, and a further 1.8 per cent of annual gross revenues as a regulatory fee. The licence carries conditions and runs for the same 15-year period afforded other service providers.

The Telecommunications Fee Structure Regulation was also amended to create a category for satellite services.

For consumers, Williams confirmed that Starlink operates independently of Flow and Digicel, meaning residents do not require either provider to access its regular satellite internet service. He also confirmed that areas shown in blue on Starlink’s availability map indicate that service is available.

However, the relationship changes with Direct to Cellular (D2C) technology.

“For Direct to Cellular services, they will partner with Flow and Digicel,” Williams told Magnetic Media.

The Director General described Starlink as a complement to terrestrial telecommunications, capable of facilitating internet access in locations and circumstances where conventional infrastructure has been difficult or impossible to deploy.

That need helped drive a licensing process Williams said took two years.

Speaking at the ceremony, he explained that the Commission found no Caribbean regulatory framework it could simply replicate and therefore undertook consultation with existing operators, satellite providers, stakeholders and the public.

Williams said a Commission survey found 80 percent of respondents wanted Starlink, but acknowledged concerns from existing operators about the impact of a global satellite provider entering the TCI market.

“We’re going to ensure that policies are in place to keep the terrestrial services alive,” Williams said, stressing that Flow and Digicel maintain critical physical and mobile infrastructure. He also urged government not to abandon plans for a national fibre network, describing it as “a must.”

For Starlink, however, the licence represents more than commercial entry into another market.

Rebecca Hunter, Director of Market Access for Starlink, described August 27 as “day one of our relationship with the Turks and Caicos Islands,” promising that the company intends to become a long-term community partner.

“We look forward to contributing in the proper ways, following all the rules and requirements… and we look forward to giving back to the community,” Hunter said.

She identified resilience, government continuity, maritime services, disaster management, healthcare and education among areas where Starlink believes its technology can contribute.

“However we can contribute, we want to be part of your story,” Hunter told the gathering.

The entry is particularly significant for an archipelago where smaller and sparsely populated islands have historically presented challenges for traditional telecommunications infrastructure.

For the Commission, Starlink therefore adds another layer of connectivity rather than replacing existing networks — expanding consumer choice today while creating future opportunities for satellite-to-mobile connectivity through TCI’s established operators.

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Flow Strengthens Network Leadership in TCI

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Turks and Caicos Islands – Leading telecoms provider Flow TCI has announced enhancements to both its fixed and mobile networks, delivering faster speeds, expanded coverage and greater capacity for customers across the country.

The latest improvements include the activation of a new mobile site in Long Bay, enhanced broadband speeds for residential customers, and independent recognition from Ookla for the performance of the company’s fixed network.

“Together, these developments reflect our continued focus on building the digital infrastructure needed to support the evolving needs of households, businesses and the wider economy,” said Joanne Missick, Country Manager, Flow Turks and Caicos Islands.

“Our continued network enhancements are focused on delivering a better experience for our customers while ensuring that the Turks and Caicos Islands has the digital infrastructure needed to support economic growth, innovation and opportunity.”

The newly activated mobile site in Long Bay delivers improved coverage, increased network capacity and faster mobile connectivity to one of the fastest-growing communities in the Turks and Caicos Islands. Further mobile network expansion is planned through late 2026 and into 2027, strengthening Flow’s ability to meet growing demand and ensuring more communities can benefit from high-quality connectivity.

Flow has also enhanced the experience for its residential broadband customers. Effective August 1, eligible customers received significant upgrades, with internet speeds on selected plans doubled or tripled. Some customers also benefited from a reduction in their monthly bill.

The strength of Flow’s fixed network has also received independent international recognition. Flow Turks and Caicos Islands was awarded the Ookla Speedtest Award for Fastest Fixed Network in the Turks and Caicos Islands, based on data from Speedtest Intelligence.

The award provides independent validation of Flow’s network performance and gives customers tangible assurance that the network they rely on for work, entertainment, education and everyday life delivers leading speeds.

“Reliable, high-performing connectivity is no longer simply a convenience. It is fundamental infrastructure for modern life and for national development,” added Missick.

“The recognition from Ookla is particularly meaningful because it independently validates the performance of our fixed network. For our customers, it reinforces what these investments and enhancements are designed to deliver: faster, stronger and more dependable connectivity for the things that matter most in their lives and businesses.”

These network developments form the foundation of Flow’s new nationwide campaign, ‘This Is TCI’s Network’, which highlights the company’s long-term commitment to the Turks and Caicos Islands and its role in connecting communities and supporting the country’s continued development.

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