Turks & Caicos To Launch Ten-Year National Development Plan
by Amanda Banks, Tax-News.com, London
06 October 2005
The government of the Turks & Caicos Islands has enlisted the help of
Kairi Consultants in the drafting of its 10-year National Development Plan,
which aims to improve the life of islanders through a series of economic and
social reforms.
Kairi is an international consultancy firm founded in 1990. It is wholly owned
by Caribbean nationals and operates from its headquarters in Tunapuna, Republic
of Trinidad and Tobago and has an office in South Africa. Its function is to
provide technical assistance to private and public entities in the developing
world.
The consultancy firm has been called in to provide the intellectual leadership
for the project, and will draft the majority of the plan itself. However, the
plan will also receive major input from island residents through a Steering
Committee, established by the Executive Council in June this year, upon which
18 citizens of note will sit and act as a Board of Directors.
In addition, several sub-sectors to this main board will be delegated to explore
various aspects of the Turks & Caicos' economic and social system and suggest
specific policies in areas of importance, such as taxation, investment incentives,
tourism, agriculture, education, labour relations, gaming, local governance,
communications, culture and national identity.
The planning stage will be launched by Chief Minister Michael Misick on October
27. It is expected that the first phase will take nine months to complete.
A comprehensive report in our Intelligence Report series
examining offshore investment, offshore stock exchanges, and hedge funds is
available in the Lowtax Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp
and a description of the report can be seen at
http://www.lowtaxlibrary.com/asp/description_report9.asp
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