(World Bank, 2020)
CAIPA to Host a Saudi-Caribbean Investment Forum in Punta Cana
10 Jun 2022
CAIPA members are invited to present their projects to investors on the 06-08 of July at the Saudi-Caribbean Investment Forum. The forum is being held in Punta Cana in the Dominican Republic in collaboration with the Ministry of Investment of Saudi Arabia and ProDominicana. “We want to thank the Ministry of Investment and ProDominicana for partnering with us on the investment forum. This is an opportunity to deepen relationships between the Caribbean and Saudi Arabia and we look forward to a productive meeting. We also anticipate the presence of several Caribbean Ministers of Government at the event, along with officials from the Government of Saudi Arabia,” said Annette Mark, President of CAIPA.
What to Expect from CAIPA’s Saudi-Caribbean Investment Forum
This three day forum will give CAIPA members the opportunity to meet with Saudi investors and to present projects specific to their country. “In addition to country presentations, we are planning one-on-one meetings with investors. This is an excellent opportunity for CAIPA members to promote opportunities within their countries,” said Mark.
On the first day of the Saudi-Caribbean Investment Forum there will be an opening ceremony with remarks made by leading officials including the OECS Secretariat, the CAIPA President, and senior officials from the Dominican Republic. “We will be signing a historic agreement with the Ministry of Investment of Saudi Arabia to promote investment in the Caribbean,” said Mark.
Presentations on priority sectors will also be made on the first day. This includes logistics and transportation, renewable energy, infrastructure, hotel and resort development and agribusiness with a focus on AgTech.
The second day of the forum will focus on country presentations. Several CAIPA members will be presenting on specific investment opportunities within their countries.
On the third day there will be site visits in the Dominican Republic and one-on-one business meetings between Caribbean delegations and investors.
“CAIPA identified the target of non-traditional markets as a key objective. We started that effort with a forum in Dubai in collaboration with the Caribbean Export Development Agency and we are continuing our outreach to the Middle East with the Saudi-Caribbean Investment Forum. The Ministry of Investment of Saudi Arabia has collaborated with us on this effort and we are looking forward to continuing to strengthen that relationship,” said Mark. “I encourage CAIPA members to participate and make the most of this opportunity.”