Business View Caribbean l March 2023

68 sure the ambition for developing islands includes all the elements of economics, the environment, and society,” says Premier Misick The country informs the globe of what’s on offer through its international marketing initiatives. This push started in the 1990s when the country lagged behind other destinations. But with the government investment in improving homes, helping businesses, and more, the With this strong position, the government has set up an organization called TC Invest, which focuses on promoting investments and encouraging more support for island businesses. Another project is called TCI Finance, which is currently working to diversify the economy and make the nation a preferred FinTech destination. This aligns with the country’s desire to pivot and encourage more consultancy work. Moving into the future, Turks and Caicos Islands will focus on providing a domestic investment and savings institution, as currently, most of the available facilities are foreign. The government has set aside $7,5 million to establish this new institution. This is one of the larger projects and has been in the works for some time. The next major project for the island nation is expanding the affordable housing stock. And linking to the development of housing is investing in Human Capital by establishing a hospitality school in the country. Premier Misick concludes by saying, ”We’re looking forward to achieving these top priorities in 2023 and 2024.”