TCI News
Invest Turks and Caicos Celebrates a Decade of Innovation and Impact at 4th Annual General Meeting
Providenciales, Turks and Caicos Islands – September 19, 2025 – Invest Turks and Caicos Islands Agency (Invest TCI) proudly hosted its 4th Annual General Meeting (AGM) on Tuesday, September 16, 2025, at the Ritz Carlton, Turks and Caicos, marking a historic milestone, under the theme ‘ Celebrating a Decade of Innovation and Impact’.
The celebratory event brought together government officials, investors, developers, business leaders, and community stakeholders as the
agency reflected on ten years of strategic growth and outlined its vision for the next decade.
The meeting was called to order by Chairlady, Ms. Cindy Ewing, who welcomed the full house with energy and gratitude. She acknowledged the partnerships which have fuelled Invest TCI’s success over its first ten years. In her remarks, she stated, ‘This agency was created with a clear purpose, to attract sustainable investment that would strengthen our economy and open new doors for our people’.
The evening continued with a powerful address from Honourable Premier Charles Washington Misick, emphasizing the role of innovation, sustainability, and inclusive development as cornerstones of the country’s future. He reaffirmed government’s commitment to creating an enabling environment for investment, community-driven infrastructure, and balanced growth. Building on that vision, Her Excellency, Acting Governor Anya Williams reflected on how the landscape has shifted from TCI once seeking foreign investors to now being actively pursued. She emphasized that with this new dynamic, growth must remain sustainable, protect the environment, and deliver lasting benefits for the people of the Turks and Caicos Islands.
Delivering the agency’s annual performance report, CEO Mrs. Angela Musgrove outlined achievements during the 2024–2025 financial year. These included the first Youth Business Summit, the opening of a new office in Grand Turk, the launch of the Community Pop-Up Series, the approval of the Heritage Turks and Caicos Islander Investment Policy, and advancement of the Environmental, Social and Governance (ESG) Policy. She also reflected on a decade of accomplishments, noting how Invest TCI has expanded its reach, strengthened its impact, and positioned the islands for greater opportunity.
A Ten Years in Review video presentation followed, sparking applause and pride as it highlighted milestones in national development. The film set the stage for an invigorating panel discussion under the theme “The Next Horizon: Catalyzing Economic Development through Investment,” moderated by financial expert Mr. Drexwell Seymour.
The panel featured an extraordinary lineup: Premier Hon. Charles Washington Misick, former Premiers Hon. Galmo Williams and Hon. Dr. Rufus Ewing, CEO Mrs. Angela Musgrove, and youth leader Ms. Arielle Neely. The discussion highlighted not only the perspectives of national leaders but also the entrepreneurial achievements of the former Premiers, both of whom have successfully built businesses that continue to contribute to the Turks and Caicos economy. The presence of three seasoned leaders alongside Invest TCI’s chief executive and a dynamic youth voice captivated the audience, underscoring both the depth of experience and the promise of the next generation.
The discussion was focused on how investment can power sustainable growth and resilience in the Turks and Caicos Islands. Key themes included sustainable development, innovation and technology, local business competitiveness, youth integration, and public-private collaboration. Panelists emphasized the need for robust legislative frameworks and compliance, while highlighting human capital development as the cornerstone of future progress. Ms. Neely added a compelling youth perspective, calling for measurable inclusion through Youth Impact data and innovative financing models to ensure young people are active stakeholders in shaping the economy.
As part of the anniversary celebration, Invest TCI also launched the Inaugural Developer Awards, created to recognize developers who demonstrate exceptional commitment to inclusive, responsible, and impactful development. The awards spotlighted projects that extended beyond commercial success to deliver meaningful community value.
Two award categories were introduced:
- Sustainability Trailblazer: Recognizing developers who lead in building sustainable legacies through infrastructure, cultural preservation, and enduring community partnerships.
- Community Impact Award: Honouring developers who have made the most visible social contributions through job creation, training, community programs, and philanthropy.
Submissions showcased initiatives such as recycling and composting programs, eliminating single-use plastics, landscaping with indigenous vegetation, and investments in renewable energy. Many also reflected consistent support for local charities, reinforcing the vision of development that uplifts both the economy and the community.
Nominees included The Hartling Group, Sandals Group (Beaches Turks and Caicos), Grace Bay Resorts, Waterloo Investments Holdings Ltd., and JEM TCI Holdings Ltd. (Salterra Resort & Spa). Grace Bay Resorts received the Sustainability Trailblazer Award, while Sandals Group (Beaches Turks and Caicos) was honoured with the Community Impact Award.
Other memorable moments of the evening included two luxury raffle draws and a special recognition presented to Ms. Sheryl McLaughlin for five years of dedicated service to the agency.
The evening concluded with closing remarks from Deputy Chair Mr. Walter Gardiner, who expressed heartfelt gratitude to all participants and extended appreciation to the organizers for delivering a successful and memorable celebration.
Almost two million visitors recorded in 2025
PROVIDENCIALES, TURKS AND CAICOS ISLANDS – The Turks and Caicos Islands saw an increase in stayover arrivals in December, seven percent higher than the corresponding period in 2024.
Preliminary data suggests that stay over arrivals by air for the month of December was 66,427 in comparison to 62,610 in December 2024.
From January to December 2025, preliminary visitor arrival numbers totalled 640,754; on par with the number recorded for the same period of 2024.
Stay Over Arrivals YTD December 2024/2025
The first quarter of the calendar year attracted the largest number of arrivals with visitor arrivals three percent higher than the first quarter of 2024. Reduced airlift from the United Kingdom and the United States, most notably the Virgin Atlantic and JetBlue services, was however felt from the second quarter (April to June). As a result, visitor arrivals dropped three percent in the second quarter.
By the third quarter of this year (July to September), geopolitical and economic conditions in the key source markets, namely the United States, led to further contraction of arrivals. In the last quarter of 2025, arrivals were impacted in October due to the passage of Hurricane Melissa but additional airlift from the USA and Canada resulted in an increase in arrivals in November and December.
Mr. Paul Pennicook, Interim CEO Consultant of Experience Turks and Caicos, said December’s increase in stayover arrivals is an encouraging indicator of the sustained interest in the Turks and Caicos Islands as a premier destination.
“While we note and continue to monitor geopolitical shifts that affect us, Experience Turks and Caicos is focused on increasing marketing initiatives in our primary source markets. We have spent the last two years investing in groundwork such as crucial travel advisor training to assist them in selling the destination more effectively. In the next fiscal, we will be building on those initiatives with co-op activities with partners as well as out of home advertising to increase visitation to our destination,” he said.
In Cruise, the preliminary count of passenger arrivals for the month of December 2025 was 129,346, a 22 percent increase over last December. This growth follows the berthing of 11 additional ships in Grand Turk this month.
From January to December, the cruise sector continued to outperform the same period last year, as the 1.3 million total cruise passengers recorded, marks a five percent Year-on-Year increase. 
The cruise sector experienced significant growth in the first quarter of 2025, with passenger arrivals surpassing last quarter by 53 percent. In the second and third quarter however, several cruise lines adjusted their itineraries as vessels were pulled from the fleet or from the Caribbean region, which resulted in fewer passengers.
Arrivals dropped seven percent and 10 percent in the second and third quarters, respectively. Double digit growth was recorded in the last two months of Quarter 4. This growth however, was not sufficient to outweigh the drop in arrivals experienced in October, following the cancellation of cruise calls due to the passage of Hurricane Melissa. Despite the late-quarter rebound, arrivals for the final quarter of 2025 closed six percent below the same period in 2024.
News
The Department of Trade, Industry & Fair Competition to Host Export Readiness Workshop Under the theme “Empowering TCI Businesses for Local Growth and Global Markets.”
Providenciales, Turks and Caicos Islands – Wednesday, 11 February 2026: The Informal Settlements Unit (ISU) coordinated a multi-agency enforcement operation on Thursday, 29 January 2026, led by the Planning Department, with support from the Crown Land
Unit, the Turks and Caicos Islands Border Force, and security provided by the Royal Turks and Caicos Islands Police Force. The operation, carried out at three different locations in Providenciales, formed part of ongoing government efforts to address unauthorised development and illegal occupation of land in accordance with governing legislation.
The operation commenced in Blue Hills, where five Section 58 Enforcement Notices were issued on unauthorised structures identified on Block and Parcel 60502/48.
Enforcement activity then moved to a second location off the Leeward Highway near Caicos Lodge, where six Section 58 Enforcement Notices were issued on additional unauthorised structures on Block and Parcel 60802/66.
The final phase of the operation took place in The Bight, where three unauthorised structures were removed, with all debris cleared from the site in keeping with established safety and environmental protocols.
The Informal Settlements Unit remains committed to working alongside its partner agencies to support lawful development, protect public and private land, and ensure that planning regulations are enforced in a coordinated and transparent manner across the Turks and Caicos Islands. Similar joint operations will continue as part of the Government’s wider strategy to address unauthorised development and informal settlement activity.
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