Investment Never Looked Better

24 Feb 2017

Local businesses will join over 50 Small and Medium Sized Enterprises (SMEs) at the Specialty Caribbean Expo 2017 to be staged in Saint Lucia from March 9th - 12th.

The event is part of the OECS Commission's 10th EDF Regional Integration for Trade program.

The OECS Commission is collaborating with Saint Lucia’s Trade Export Promotion Agency (TEPA) and the Ministry of Commerce to stage the show, held under the theme “A Unique Buying Experience.”

Over 100 exhibitors have confirmed participation in the show, featuring export-ready goods and services. Exporters from the OECS and Martinique will present and promote their products and services at this buyer-focused exhibition.

Development Officer with the OECS Competitiveness Business Unit, Sobers Esprit, said the Expo showcases the range of goods and services collectively available in the region.

"The expo is really an opportunity for us to promote goods and services from across the sectors so that retailers and buyers from overseas could come in and see the range of goods and services produced by OECS member states," he said.

Buyers from the United States, Canada, the United Kingdom, Cuba, CARICOM and the Eastern Caribbean are expected to participate in the 4-day trade show, which has attracted a number of partners and sponsors including Invest Saint Lucia (ISL).  

As the Invest Promotion Agency, charged with promoting, stimulating and facilitating investment for the country’s socio-economic development, Invest Saint Lucia congratulates TEPA on this bold initiative in showcasing the trade and export potential for local and regional manufacturers and service providers.

“We see this as a vital undertaking in penetrating regional and international markets, and in accessing and delivering on the trade opportunities that arise out of the various trade agreements of which Saint Lucia is party to,” commented CEO McHale Andrew. “Indeed, it is with pleasure, that Invest Saint Lucia notes the presence of buyers from Canada, Cuba, Martinique, UK and the USA,” he added.  

Andrew noted that given that Invest Saint Lucia facilitates investment in three key areas, tourism, infrastructure and manufacturing, the latter being TEPA’s focus, Invest Saint Lucia sees potential in value addition and downstream activities, as those manufacturers that have chosen Saint Lucia as an investment location, can now realise even greater export potential and increased market access penetration, redounding to a win-win for both agencies.

The largest of its kind to be staged in the OECS, Caribbean Specialty Expo 2017 will be held at the Daren Sammy National Cricket Stadium.