Improving quality of investment projects in the Caribbean

The United Nations Industrial Development Organization (UNIDO), the Caribbean Association of Investment Promotion Agencies (CAIPA) and the Caribbean Export Development Agency (Caribbean Export) organized a five-day workshop to improve the quality of investment projects presented by investment promotion agencies (IPAs) in the Caribbean to potential investors. It was attended by 22 investment promotion officers from 16 Caribbean territories: Anguilla, Antigua and Barbuda, Barbados, Belize, the British Virgin Islands, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Trinidad and Tobago and the Turks and Caicos Islands.

The workshop focused on UNIDO’s methodology for the identification of investment opportunities and the formulation and appraisal of investment projects based on UNIDO’s Computer Model for Feasibility Analysis and Reporting (COMFAR), which facilitates the fast computation of financial statements needed for financial and economic appraisal of investment projects; the software can be used for small- to large-scale projects, expansion, rehabilitation and modernization of existing enterprises and joint ventures.

This workshop  was funded by the European Union, its 11th European Development Fund, under the UNIDO project ‘Support to Business Friendly and inclusive national and regional policies, strengthening productive capabilities and value chains’ that is being implemented in collaboration with the ACP Secretariat, the World Bank Group (WBG) and the International Trade Centre (ITC).

Click here to read the related press release.

For more information:  Mr. Stefan Kratzsch (S.Kratzsch [at] unido.org (S[dot]Kratzsch[at]unido[dot]org))