JAMPRO elected to WAIPA Steering Committee, supported by the Caribbean Association of Investment Promotion Agencies (CAIPA)
The World Association of Investment Promotion Agencies (WAIPA) just celebrated its XVIII World Investment Conference in Geneva, Switzerland with the hosting of the WAIPA World Investment Conference and Annual General Assembly. During the event, elections to the Steering Committee, the governing body for WAIPA, was also held. The post of Regional Director for Central America and the Caribbean on the WAIPA Steering Committee was secured by Jamaica’s national trade and investment promotion agency, Jamaica Promotions Corporation (JAMPRO), with significant support from the Investment Promotion Agencies present.
JAMPRO’s President, Mrs. Sancia Bennett-Templer, presented the candidacy for the organization. JAMPRO currently serves as the 1st Vice President on the CAIPA Board of Directors. CAIPA provided strategic and logistical support to JAMPRO in its bid for the regional directorship, with support for campaigning during the event provided by CAIPA Directors from Grenada (GIDC), the Dominican Republic (CEI-RD) and Saint Lucia (InvestStLucia).
“This initiative was a regional collaborative effort and speaks to the successes we are able to achieve, if we work together,” notes CAIPA’s President, Mr. Ronald Theodore of the GIDC. “It is hoped that through this Regional Directorship post, we will be able to enhance the global image of the region and attract the much needed technical expertise to improve our capacity for attracting investment to the Caribbean.”
Support for CAIPA initiatives including its attendance at the WAIPA event was provided through its Secretariat, Caribbean Export Development Agency, with funding afforded by the European Union under the 10th European Development Fund, Regional Private Sector Development Programme.
Since its genesis in 2007, CAIPA has been actively working with its members to position the Caribbean as an ideal location for foreign direct investment, providing capacity building opportunities and tools for its members to enhance their overall promotional efforts.