Business View Caribbean | March 2020

25 BUSINESS VIEW CARIBBEAN MARCH 2020 www.gogas.pro | gogas@candw.ky | 345-927-6951 Call us for a free estimate SAVE TIME SAVE MONEY GO GREEN New/Retrofit Design and Installations Residential and Commercial Licensed and Insured RINNAI ULTRA SERIES TANKLESS WATER HEATERS T H E M O S T E X P E R I E N C E D G A S I N S T A L L A T I O N T E C H N I C I A N I N C A Y M A N The right choice for your lifestyle. Naturally! We get it done on time, every time. EDGEWATER DEVELOPMENT LTD . a core team, and a construction yard with all the general contracting equipment, so they are able to feed and deliver to their sites. One of the key challenges being in the Caribbean is the procurement of items and maintaining a schedule, as well as understanding the technicalities that go with the timelines of ordering materials and getting them to the islands in order to meet project deadlines. The other challenging aspect is financial. As Kris explains, “We have a very different financial model here. If you’re in the North American market, for instance, as a contractor, I could probably get most of my materials delivered to the site and I don’t have to pay 100 percent ahead of time. Whereas when we buy something, we have to have it paid in full by the time it leaves the dock in the U.S. So that creates a challenge when you’re doing the financial structure for the projects. But those are all challenges that we’ve learned over the years and we know how to manage. It’s part of our DNA