2022 Annual Results Report

INVESTING IN OUR TRANSFORMATION

Global flows of foreign direct investment (FDI) have recovered to pre-pandemic levels reaching US$1.6 trillion in 2022 1 , with the Caribbean attracting some US$3.8 billion, an increase of 39% 2 . Caribbean Export recognises that investment is critical to accelerate the economic transformation of the Caribbean. Foreign investment can provide much-needed capital, technology, and expertise to support our countries develop their infrastructure, industries, and human capital. The Agency has placed focus on attracting investment in the following sectors:

Agriculture Technology (AgTech)

Business Process Outsourcing

Hotel and Resort Development

Renewable Energy

To be successful, Caribbean Export has adopted a long-term approach to investment in order to bring significant benefits to the region in the form of job creation, economic growth and technology transfer. This approach enables us to build strong relationships with foreign investors and the cultivation of stable and sustainable environments for investment, both now and for the future. Ultimately, supporting transformative development and ensuring that the benefits of FDI are distributed more equitably.

1: https://unctad.org/webflyer/world-investment-report-2022 2: https://unctad.org/news/foreign-direct-investment-latin-america-rebounded-56-2021

Transforming to a Greener, Smarter, Resilient Caribbean | Annual Results Report - 2022 16

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