Investors looking to expand their portfolios into sustainable sectors should take note of the upcoming Eastern Caribbean Blue Economy Virtual Investment Forum. Under the theme, “The Blue Economy: A Wealth of Opportunities in Grenada, Saint Lucia, and Saint Vincent and the Grenadines,” this event is scheduled for November 26, 2024. It aims to establish the Eastern Caribbean as a premier destination for sustainable, high-impact investments.
Supported by the Inter-American Development Bank (IDB) and the COMPETE Caribbean Partnership Facility, in partnership with the OECS Commission, the forum will explore how the region’s marine and coastal resources can drive resilient economic growth and innovation.
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With the Blue Economy valued globally at over US$1.5 trillion, it is becoming a critical driver of sustainable growth. This forum, co-hosted by the Grenada Investment and Development Corporation, Invest Saint Lucia, and Invest Saint Vincent and the Grenadines, will emphasize the transformative potential of sectors such as ocean and coastal tourism, sustainable fisheries, aquaculture, and marine biotechnology. The event will showcase investment opportunities that cater to both local and international stakeholders.
The forum will serve as a platform for strategic discussions on leveraging the region’s unique blue resources to promote economic development while preserving its natural beauty. Industry experts will share insights through presentations, offering perspectives on global trends and local opportunities in sustainable marine management.
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Key segments of the event include panel discussions that will focus on marine technology, blue financing, and public-private partnerships, aimed at unlocking scalable, investment-ready projects. Participants will also benefit from interactive networking sessions and a virtual exhibition hall, where they can engage directly with regional Investment Promotion Agencies (IPAs) and project developers, fostering valuable connections.
Dr. Didacus Jules, Director General of the OECS Commission, highlighted the forum’s significance, stating, “The Eastern Caribbean is set to be a leader in Blue Economy innovation. This forum is not just about identifying opportunities; it’s about building necessary connections and developing strategies to transform those opportunities into impactful, long-term investments. Investors will leave with a comprehensive understanding of how to navigate this burgeoning sector.”
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The forum is designed to encourage critical partnerships and enable investments that leverage the region’s competitive advantages, positioning Grenada, Saint Lucia, and Saint Vincent and the Grenadines as attractive Blue Economy investment destinations. Historically, limited investment has hindered the region’s ability to capitalize on its vast marine resources due to a lack of information on Blue Projects. This event seeks to address that gap.
Open to both local and international investors, the forum aims to eliminate barriers and drive expansion into the Blue Economy, with the public also invited to attend.
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