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Call for local businessmen to attend Americas Competitiveness Forum

Screen shot 2014-05-29 at 8.50.41 PMTrinidad’s Minister of Planning and Sustainable Development today sought to persuade local businessmen to attend the Americas Competitiveness Forum.

The Americas Competitiveness Forum, being held in the English peaking Caribbean for the first time, is the pre-eminent event for government and business leaders of the Americas to meet to discuss innovative methods to achieve economic competitiveness and promote innovation in the countries that make up the OAS.

Trinidad is seeking to attract a strong Caribbean presence at the meeting and so the country’s Minister of Planning and Sustainable Development is doing the rounds to ensure that happens when the meeting is held in October.

Speaking at a luncheon with manufacturers and service providers, Minister Bhoendradatt Tewarie spoke about various subjects the forum will address, and he zoomed in on innovations in Information and Communications Technology.

Minister of Finance Dr Ashni Singh said that key to Guyana private sector being competitive is access to reliable and cheap energy, and he sought to rally support for the Amaila Falls Hydro Project, which hit a snag last year when the American developer walked out citing lack of support by the political opposition, which had several unanswered questions about the project.

The Americas Competiveness Forum was conceived out of the need to promote trade, address immigration reforms, and highlight the importance of research and development (R&D) as a key competitiveness tool. The forum will also address the fact that the Latin American and Caribbean region lags behind the rest of the Americas regarding income equality and the level of investment that occurs in research and development.

The forum will bring together more than 1,000 leaders from 34 countries in the region, including heads of state, cabinet members, business executives, trade delegates, academics, and representatives of the private sector and international non-governmental agenciesv

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