INVEST TCI GRABS SPOTLIGHT AT THE CARIBBEAN HOTEL & RESORT INVESTMENT SUMMIT

Providenciales, Turks and Caicos Islands, May 25th, 2023 – Invest Turks and Caicos (Invest TCI) continues to grab the spotlight at the annual Caribbean Hotel & Resort Investment Summit (CHRIS).

A most noteworthy hotel investment conference, CHRIS, was held on March 22nd and 23rd at the Loews Coral Gables Hotel, Coral Gables, FL. The two-day event saw over 350 persons from North and South America and the Caribbean join together for an exciting agenda with 20+ informative sessions and unbeatable networking opportunities.

Invest TCI was once again a platinum sponsor of the event for the 6th year. In attendance from the Agency were the CEO of Invest TCI, Angela Musgrove, and Investment Executive Salik Garland. Invest TCI hosted a session, “Opportunities in the Turks and Caicos,” which gave attendees an in-depth look into the Turks and Caicos Islands and highlighted investment opportunities in the islands. The presentation by Invest TCI’s CEO, Angela Musgrove, encouraged attendees to consider investment opportunities in the family islands, which are relatively untouched and have much to offer. Her presentation drew attention to the islands outside of Providenciales. She noted that a world of untapped opportunities lies in the unspoiled, picturesque “family islands,” a collection of ecological magnificence waiting to be transformed.

Most noteworthy for the Turks and Caicos Islands at this year’s event was the announcement of The Rock House, Turks and Caicos Resort, as CHRIS Development of the Year 2023 and Ms. Julianna Musgrove, Regional Learning and Development Manager, Sandals Resorts International as the 2023 Rising Star Award Caribbean recipient.

Mrs. Musgrove, CEO of Invest TCI, commented on the summit, “Invest TCI is pleased to be a platinum sponsor of CHRIS once again. Over the past years, our involvement in the summit has created significant exposure for the TCI and has generated viable leads and projects for the islands. This year was most outstanding as the Turks and Caicos Islands took home two awards. We congratulate the Rock House and Ms. Julianna Moore on their achievements. We look forward to next year’s event and more great achievements from the TCI”. For updates on CHRIS and other Invest TCI events, visit our website at www.investturksandcaicos.tc or our social media pages at @investtci.

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About Invest Turks and Caicos

Invest Turks and Caicos is the Islands’ Investment Promotion Agency, responsible for enhancing the economy through the attraction, growth and retention of overseas investment; and supporting the growth of local businesses.

We provide a free and confidential service to overseas businesses looking to expand and will work with a company project team throughout the investment process, providing advice and support. This can include:

– Information on the local business climate;

– facilitating contact with relevant Government Departments throughout the investment process;

– advice on Government incentives and concessions to investors;

– introductions to local service providers/suppliers;

– advice on work permits and permanent residency procedures;

– ongoing support following set up.

We also work actively to support the growth of local businesses, including the management and delivery of the Micro Small and Medium Enterprise programme which provides concessions and reliefs to locally owned businesses.