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2nd Annual TCI Business Outlook to Spotlight Inclusive, Sustainable Growth Across Key Sectors

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“Prioritizing Inclusive Sustainable Growth” Theme Anchors June 13 Conference at The Palms

 

Providenciales, Turks and Caicos Islands — The 2nd Annual Turks & Caicos Islands Business Outlook (TCIBO) returns on Friday, June 13, 2025, under the theme “Prioritizing Inclusive Sustainable Growth.” The conference, which will be held at The Palms, is designed to bring together senior government officials, business leaders, and investors for a forward-looking discussion on the economic future of the Turks and Caicos Islands.

Premier Hon. Charles Washington Misick, Minister of Finance, Economic Development, Investments and Trade, will deliver the keynote address and is expected to set the tone for the day’s conversations by emphasizing the importance of collaboration between the public and private sectors to ensure long-term, inclusive economic growth for the Turks and Caicos Islands.                                                                                                                                                                 Deputy Premier and Minister of Immigration and Border Services, Hon. Jamell Robinson, emphasized the value of events like the Business Outlook, saying, “Forums like the Business Outlook are important as it provides a platform for Public and Private Sector entities to share ideas and experiences for moving a nation forward.”

He highlighted the government’s current focus on revenue growth, national security investments including increased tactical officers, vessels, and digital borders projects, as well as continued infrastructure improvements such as roads, seaports, and airports.

When asked what the government is doing to attract new investment, especially beyond tourism, Deputy Premier Robinson responded, “Primarily the review of the Inward and Domestic Investment legislation to ensure that the Invest TC agency can drive investment into the TCI. Additionally TC Finance was set up to specifically promote the Financial Services sector.”

The morning sessions will explore policy innovation and investment-led development. Dr. Darren Hall, Medical Director at Family Care Medical Services, will present on strategies for creating a competitive investment climate that drives both economic and social advancement. Hon. Erwin J. Saunders, Minister of Innovation, Technology and Information, will follow with a presentation on enhancing the digital technology landscape in TCI.

Dennis Deveaux, Chief Financial Officer of Doctors Hospital Health Systems, will deliver a presentation on prioritizing sustainable health services. In the tourism segment, Hon. Zhavago Jolly, Minister of Tourism, will present on ensuring an inclusive and sustainable tourism sector. He will be followed by Ian Ferguson, Executive Director of The Bahamas’ Tourism Development Corporation, who will explore transformative growth opportunities in tourism for small island economies.

Minister of Physical Planning and Infrastructure Development, Hon. Arlington “Chuck” Musgrove, will speak on developing sustainable solutions for affordable housing. This will be followed by a panel on the ease of doing business, featuring Terrance Gibson of CIBC, Na-amh Barker of Scotiabank, and Steward Howard of British Caribbean Bank. Kenva Williams, Director General of the Telecommunications Commission, will address critical challenges and opportunities in delivering sustainable infrastructure. A session on real estate investment will be led by Snjezana Andrews of White Rock Realty.

A networking lunch will conclude the event, providing participants with an opportunity to build new connections and strengthen existing partnerships.

To register for the Turks & Caicos Business Outlook, visit www.tclevents.com. Registrants can also contact Vernay Mills

TCI Diaspora Representative Email: avmills@gov.tc or Margaret Albury of The Counsellors Limited in New Providence at Telephone: 242-322-7505 or Email: malbury@tclbahamas.com.

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Invest TCI Strengthens Regional Investment Connections at Caribbean Investment Forum 2026 in Barbados

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Providenciales, Turks and Caicos Islands – Monday, 19th October 2026: Invest Turks and Caicos Agency (Invest TCI) strengthened its regional presence at the Caribbean Investment Forum (CIF) 2026, held October 5 – 7, 2026, in Bridgetown, Barbados, participating as both a sponsor of the Forum and representative of the Turks and Caicos Islands’ investment landscape.

The Caribbean Investment Forum brought together regional and international investors, government representatives, business leaders, entrepreneurs, investment promotion agencies, and development partners to explore investment opportunities, strengthen partnerships, and advance sustainable economic development throughout the Caribbean.

The Agency’s sponsorship of CIF 2026 formed part of its continued commitment to strengthening the visibility of the Turks and Caicos Islands within the regional investment community and building relationships with investors, development partners, investment promotion agencies, and businesses across the Caribbean.

The opening of the Forum was attended by the Honourable Mia Amor Mottley, Prime Minister of Barbados, who emphasised the importance of scaling regional investment, strengthening economic cooperation, and transforming innovative ideas into commercially viable opportunities. Invest TCI was represented by Ms. Alexa Cooper, Domestic Investment Officer, and Mr. Hezron Henry, Marketing Support Officer. Throughout the Forum, the delegation engaged with stakeholders and promoted the Turks and Caicos Islands as a competitive investment destination while exploring opportunities for greater regional collaboration and knowledge exchange.

Speaking on her experience at the Forum, Ms. Alexa Cooper, Chief Domestic Investment Officer, said:

“CIF 2026 provided another valuable opportunity to engage with donor organisations, investors and Investment Promotion Agencies (IPAs) from across the Caribbean. A highlight for me was the introduction of an exclusive masterclass for fund managers, investors and support organisations, which offered practical insights into unlocking capital, strengthening investment ecosystems and supporting investment-ready businesses. I was equally impressed with the quality of projects pitched, which showcased the region’s innovation and investment potential. It was encouraging to see projects presented with a clearer understanding of investor expectations, reinforcing the importance of not simply developing projects, but ensuring they are well-structured, investment-ready and positioned to attract the right investment partners.”

Accompanying the Invest TCI delegation was Mr. Sean Penn, Chief Executive Officer of Sky Poultry Farm Ltd., the first commercial egg and poultry production facility in the Turks and Caicos Islands. Mr. Penn’s participation provided an opportunity to showcase the development of domestic enterprise within the Turks and Caicos Islands while highlighting the potential of agriculture and food production as part of the country’s broader economic diversification efforts.

Through his participation at CIF 2026, Mr. Penn had the opportunity to engage with regional stakeholders, gain exposure to developments within the Caribbean agricultural sector, and explore potential partnerships and opportunities related to agricultural investment, innovation, and enterprise development.

For Invest TCI, the combination of sponsorship, investment promotion and local business representation provided a multifaceted platform to advance the Agency’s mandate. It allowed Invest TCI not only to promote the Turks and Caicos Islands to prospective investors but also to facilitate greater exposure for a local enterprise operating within an emerging sector of the economy. The Forum also provided opportunities for the Invest TCI delegation to exchange knowledge with regional counterparts, strengthen institutional relationships, and gain insight into investment trends and opportunities affecting Caribbean economies.

As the Caribbean Investment Forum continues to expand its regional reach, Santo Domingo, Dominican Republic, was announced as the destination for the next edition of the Forum, providing another opportunity to bring together investors, policymakers, investment promotion agencies and businesses from across the Caribbean and beyond.

Invest TCI looks forward to the continued growth of the Caribbean Investment Forum and the opportunities it creates to deepen regional partnerships, promote investment, and connect Caribbean businesses with new markets and sources of capital. The Agency remains committed to attracting sustainable investment, supporting domestic enterprise, encouraging economic diversification, and developing partnerships that contribute to the long-term economic development of the Turks and Caicos Islands.

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Bahamas News

Energy Minister Delivers Electrifying Keynote Opening Address at CAREC 2026  

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NASSAU, The Bahamas – The Bahamas’ Minister of Energy, Utilities and Aviation, The Honourable JoBeth Coleby-Davis, delivered an electrifying address during the opening ceremony of the 2026 CARILEC Resilient/Renewable Energy Community (CAREC) Conference and Exhibition, being held October 18–22, 2026, at the British Colonial Hotel in Nassau, The Bahamas.

Under the theme “Empowering Progress: Strategic Policy and Planning for the Energy Transition,” the event draws more than 200 industry leaders, policymakers, regulators, and energy professionals committed to advancing practical strategies for sustainable and reliable Caribbean power systems through renewable energy and emerging technologies.

During her address, titled “The New Energy Era: Transforming Policy into Progress,” Minister Coleby-Davis reminded attendees that The Bahamas’ national motto, “Forward, Upward, Onward, Together,” aptly describes what the region’s energy transition demands.

“Empowering Progress speaks directly to our national motto. Not waiting for progress, but creating the conditions that allow progress to happen. Meaningful progress, however, does not occur by accident. It requires vision, sound policy, strategic planning, strong institutions, and the determination to turn decisions into results,” said Minister Coleby-Davis.

Participants acknowledged that small island developing states share similar pressures, compounded by geographical challenges, small electricity markets, ageing infrastructure, geopolitical influences, and the growing threat of severe weather.

Tasked with ushering in a new energy era across the islands while addressing the challenges posed by The Bahamas’ unique archipelagic composition, Minister Coleby-Davis said, “Every island needs a different answer, but the same logic. As an archipelagic nation, we must provide electricity across many islands, each with its own demand and infrastructure needs. Our strategy, therefore, must be national in direction, but responsive to individual communities.”

Restating her Ministry’s three core messages—that energy is an economic and security priority, technology must be viewed as a tool to support strong institutional leadership, and natural gas should be considered a bridge, not a destination—Minister Coleby-Davis reiterated that “progress must now be reflected in functioning infrastructure, effective institutions, and better electricity services: from policy commitments to coordinated implementation, and from fragmented investment decisions to long-term planning.”

Organised by CARILEC and co-hosted by Bahamas Power and Light (BPL) and Grand Bahama Power Company (GBPC), the annual Conference and Exhibition brings together the Caribbean energy community to advance practical solutions to the region’s most pressing energy challenges and accelerate progress towards more resilient, reliable, and sustainable power systems.

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Bahamas News

Monument Supports Hands for Hunger With Paradise Plates Debut  

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NASSAU, Bahamas — Caribbean Wines & Spirits (CWS), The Bahamas’ leading wine and spirits distributor, proudly supported Paradise Plates, Hands for Hunger annual fundraiser with a flavorful offering of its newest product, Monument Beverage Co.

Monument, which launched this July and is available across six major islands, made its Paradise Plates debut. Guests enjoyed three bold flavors: Peach Passion, Ginger-Lime and Melon Fizz as they socialized throughout the evening.

Monument brand ambassadors engaged guests with knowledge on the ready-to-drink beverage’s unique taste and look. Many attendees were delighted to learn that Monument is 100% Bahamian-made and owned and enjoyed seeing the various national landmarks on the packaging.

The booth was adorned with vibrant brand colors, striped arches, tropical florals and a photo worthy backdrop featuring Monument cans filled with florals cascading down the wall.

At the end of the event, the entire Monument inventory had finished, making Monument’s Paradise Plates debut a huge success.

For more details on Caribbean Wines & Spirits, new products and specials, visit www.cwsbahamas.com today.

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