A Bold New Caribbean

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REASONS WHY YOU SHOULD INVEST IN THE CARIBBEAN

2023 2023

I nvesting in the Caribbean remains a compelling opportunity, building upon the mo- mentum of the previous year. The region’s appeal has only grown stronger, offering a range of enticing advantages for investors seeking both stability and growth. Here are five key reasons why investing in the Caribbean in 2023 continues to be a smart choice: 1 Expanding Renewable Energy Initiatives The Caribbean’s commitment to renewable energy continues to flourish, with even greater empha- sis in 2023. The CARICOM’s target of achieving 48 percent renewable energy penetration by 2030 remains a driving force, and individual nations have set even more ambitious goals. The region is poised to experience a substantial increase in renewable energy production, presenting investment opportunities across the entire spectrum of renewable energy projects. Collaborative public- private partnerships remain open for companies involved in various aspects of renewable energy infrastructure, manufacturing, storage, distribution, and servicing.

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Unmatched Accessibility

As of 2023, the Caribbean remains incredibly accessible from major North American countries including the United States, Canada, and Mexico. This proximity serves as a significant advantage for businesses looking to expand their operations while staying close to their core facilities. With most Caribbean nations in the Eastern Standard Time zone, communication between staff and customers is seamless. The ease of travel to the region makes it an ideal destination for companies seeking strategic locations for their operational hubs.

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Abundant Skilled Workforce

The Caribbean’s workforce continues to shine as a valuable asset for businesses worldwide. In 2023, the region’s educated and skilled employees remain a competitive advantage for companies seek- ing top-tier talent. The Caribbean’s workforce is not only highly educated but also motivated to contribute to their local economies. The allure of building meaningful careers close to home attracts ambitious professionals, making the Caribbean an ideal investment location for companies in need of skilled manpower.