OPIC investment mission concludes visit
Friday, May 24, 2019
by GIS

Saint Lucia, on Wednesday, hosted a delegation from the Overseas Private Investment Corporation (OPIC), the United States government’s development finance institution.

The objective of the visit was to explore investment opportunities in energy and other critical sectors. The decision stemmed from a meeting Prime Minister Hon. Allen M. Chastanet attended with US President Donald J. Trump on March 22.

Following the visit, Prime Minister Chastanet said: “Today we hosted the Overseas Private Investment Corporation (OPIC) delegation and visited some sites for investment in Saint Lucia. Acting President and CEO of OPIC, Mr. David Bohigian, led the delegation and we look forward to working closely with the US and OPIC on development plans for our country. Saint Lucia has been showing some definite signs of progress, and the level of investment in our country is continuing to grow. The purpose of engaging agencies such as OPIC is to continue to stimulate economic growth. We thank the OPIC team for visiting Saint Lucia, and we look forward to working with them to implement projects that impact and change lives.”

The delegation, along with Prime Minister Chastanet and the Cabinet of Ministers visited the proposed site for the southern port in Vieux Fort, Cul De Sac Bay, and the Castries port. The OPIC team also met with SLASPA officials, Invest Saint Lucia (ISL), and representatives of the Saint Lucia Chamber of Commerce, Industry and Agriculture.