According to a recent statement in the regional press by the Chief Minster of the Turks & Caicos Islands, Michael Misick, the jurisdiction can expect to attract some $3 billion in inward investment in the coming years.
"The Turks and Caicos Islands has one of the best names in the Caribbean for inward investment,” Mr Misick was quoted by Caribbean Net News as saying this week.
He continued: “We have over $3 billion of new investment waiting to come and so we have to strike while the iron is hot, because the investment market is very fragile and if you don't act quickly people will take their money and go elsewhere."
Anticipating something of a real estate boom in the years ahead, the Chief Minister went on to say that it was vital for the government to create “an attractive and friendly investment plan” to attract foreign capital.”
He added that it was equally important that “our people are actively involved and are getting a fair share," when the anticipated investment comes.
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