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St Kitts Investment Promotion Agency Goes Online, by Phillip Morton, Investor Offshore.com
Tuesday, February 10, 2009

The St. Kitts Investment Promotion Agency (SKIPA) officially launched its long anticipated website on February 2, 2009. SKIPA, created in December 2007, proactively promotes St Kitts as an international finance centre and arranges local and foreign investment projects.

“This new website will be an important tool in promoting St. Kitts as a preferred investment destination by offering a wealth of information to potential investors worldwide,” said a SKIPA statement.

“The website features investment related news, information about SKIPA and St. Kitts and an Investor’s Guide that draws information from the various institutions that play a role in the establishment of sound businesses. The website also highlights the Priority Sectors that are crucial for the continued development of the nation, as well as investment opportunities that exist on the island,” said SKIPS’s Market Research Officer, Darien Belle.

He explained that visitors to the website will be provided with a unique opportunity to interact with the agency and other visitors through an interactive discussion forum.

“We are particularly excited about this medium of communication which is intended to foster discussions geared towards improving the business conditions in St. Kitts for existing firms and potential investors,” he said.

Shawna Lake, CEO, SKIPA, underlined the agency's role in St Kitts.

“SKIPA is not only charged with the responsibility of promoting investment opportunities available in St. Kitts but one of our most important functions is to facilitate inward investment by working with persons who have made the decision to establish a business in St. Kitts. We assist these investors by providing them with general information on application requirements and procedures and we also facilitate the submission of their applications to the various government departments for review and approval.”

“Another important service offered by SKIPA is aftercare. This service has evolved from our belief that businesses in St. Kitts should have access to a capable support system. As part of our aftercare services, we follow up with investors who have already established their businesses in St. Kitts in an effort to understand the issues facing their business or industry and to assist them in developing viable solutions. SKIPA also provides support to businesses that are interested in expansion," concluded the statement.

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