(World Bank, 2020)
The Caribbean Association of Investment Promotion Agencies (CAIPA) was launched on the 20th day of November, 2007 in Kingston, Jamaica with funding support from the European Union under a PROINVEST Programme. The Association was established with seven (7) member countries as an umbrella Association of CARIFORUM Investment Promotion Agencies (IPAs), with the objective of enabling collaboration among Caribbean IPAs.
To date, CAIPA’s membership comprises twenty-three (23) IPAs within the region, including representation from the Dutch and British Overseas Countries and Territories. The member countries include: Anguilla, Antigua and Barbuda, Aruba, the Bahamas, Barbados, Belize, the British Virgin Islands, the Cayman Islands, Curacao, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, St. Kitts and Nevis, Montserrat, Saint Lucia, Sint Maarten, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago, and the Turks and Caicos Islands.
Whether you are considering a new investment in one of the Caribbean’s competitive sectors, or you are seeking to expand existing operations, we invite you to invest in the one place everyone wants to live - the Caribbean.
Contact the CAIPA Secretariat for help with your investment project. We will be able to find a solution for you in one of the 23 member states of the Caribbean Association of Investment Promotion Agencies (CAIPA).
The Caribbean Export Development Agency (Caribbean Export) acts as CAIPA’s Secretariat, providing administrative support, financial oversight and management of funds procured, as well as support to the IPAs as business support organisations, including the provision of technical assistance and advisory services, among others.
Caribbean Export is the only regional trade and investment promotion agency in the African, Caribbean and Pacific (ACP) group. The Agency was established in 1996 by an Inter-Governmental Agreement as the trade promotion Agency of the 15 Member States of CARIFORUM. Caribbean Export has also established collaborative links with the French Caribbean Outermost Regions (FCORs), with the English and Dutch Overseas Countries and Territories (OCTs) and with Cuba.
In July 2005, the Agency assumed an investment promotion mandate after the 14th CARIFORUM Council of Ministers meeting. The work of the Agency in investment promotion is focused on the activities undertaken in collaboration with CAIPA.
CAIPA’s Location & Contact
The Agency has 2 main offices within the Caribbean region. Its headquarters is located in Barbados at:
Caribbean Export Development Agency
1st Floor, Baobab Tower
Warrens, St. Michael, BARBADOS
A sub-regional office (the SRO), is located in the Dominican Republic. This is the office that houses the CAIPA Secretariat.
Caribbean Export Development Agency’s Sub-regional Office
Piso 7, Torre Diandy XIX, Avenida Pedro Henriques Urena, #150
La Esperilla, Santo Domingo, REPUBLICA DOMINICANA
You can contact the Secretariat at:
How CAIPA is Funded
Funding for CAIPA´s activities is primarily provided by the European Union under the 11th European Development Fund Regional Private Sector Development Programme.
CAIPA has also received support from other donors, including but not limited to, the Inter-American Development Bank under the Regional Public Goods Programme, UNCTAD, the Commonwealth Secretariat and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) or German Development Agency.
CAIPA members lso pay an annual membership fee.