August 2014

Grenada Launches Tourism Video

Compete Caribbean provided technical assistance to The Grenada Hotel and Tourist Association (GHTA) to implement a Geotourism Destination Management Plan (DMP), with an emphasis on marketing. This enabled the GHTA to articulate and market a common brand and vision for the sector.  

Two components of the DMP are:

  1. A national re-branding exercise that will translate Grenada's embrace of the geotourism model into a national identity that can be articulated consistently and effectively by all stakeholders; and,
  2. A robust marketing and promotion campaign that will leverage the new brand identity to target the adventurer visitor segment of the market.
One of the significant moves aimed at repositioning the country as a major tourist destination was the production of the Pure Grenada video funded by Compete Caribbean and narrated by Les Stroud, host of the television series Survivorman.

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Energy Innovation in the Caribbean

The Energy Innovation Centre (EIC) is an integral part of the Inter-American Development Bank's (IDB) Energy Division and is a catalyst for energy innovation in Latin America and the Caribbean (LAC).
The Future of Energy in the Caribbean
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Key among its products and publications is the LAC Energy Database; this 21st century database presents complex systems in an interactive, user- friendly and visually appealing format. Its focus is on empirical research that combines quantitative and qualitative analysis, to create a comprehensive energy sector database for LAC.


The publications are interactive and easily allow readers to design their own learning experience. As you read, you can click on any highlighted link to find more information about a particular subject or watch relevant videos. Behind the scenes, Linked Open Data, the most advanced web standard, organizes the data. The production and sharing of  knowledge defines the EIC as a catalyst for energy innovation. 


Looking towards the future, the EIC has stated that it is looking forward to continuing to work with the Caribbean to improve capacity building and increase the sustainability of the energy matrix. The Energy Division also hopes to leverage the Energy Data Frameworks Study funded by Compete Caribbean to develop new programs which will facilitate countries in producing and publishing energy data regularly. "Consistent and credible information is key to attract capital investment, a necessary element for development. That is the way forward." LEARN MORE
Developing Public-Private Partnership Models
 for the Caribbean

Piloting a Public Private Partnership model that can attract private sector investment and management into the delivery of public goods and services.

Compete Caribbean, in coordination with IDB's Multilateral Investment Fund (MIF), is providing technical assistance to develop two pilot PPP projects in Trinidad and Tobago - one with the Ministry of Health (the construction of National Diagnostic centres) and one with the Ministry of Education (the construction of 10 Early Childhood Care and Education centres).

The Program has engaged international expert PPP advisory services to aid the PPP unit within the Ministry of Finance to complete feasibility studies, develop business cases, design PPP models, and assist in the procurement of private sector firms to execute the pilots. These will be the first PPPs in the region that will be structured using a rigorous best practice approach and methodology based on value for money and appropriate allocation of risk between public and private partners.

The technical assistance to identify, design and award these two pilot PPP projects will help build Trinidad and Tobago's technical knowledge and institutional capacity to attract private sector investment into the construction and management of health and education services.

A mechanism to support PPPs being established at the Caribbean Development Bank (CDB), in close collaboration with the IDB and the World Bank Group will help replicate lessons learned from these cases to other countries in the Caribbean interested in attracting private sector investment into the delivery of these social services.

Efficient, cost competitive facilities and services in infrastructure are essential to drive and support development efforts in the Caribbean. Yet given the challenging economic situation in the region, the resources available to the public sector for infrastructure investments are very limited.

Globally, governments are turning to Public Private Partnerships (PPPs) as mechanisms for bridging finance to develop infrastructure and enhance access to basic services. In the Caribbean, the implementation of PPPs is hampered by a lack of knowledge and awareness of their benefits, as well as difficulties in structuring PPP projects to make them attractive to potential investors.

Caribbean Export Development Agency Request for Expressions of Interest - The Specialty Food Industry of the CARIFORUM Member States: Consultancy Services to conduct a Feasibility and Design of In-Market Liaison Service for CARIFORUM Specialty Foods in the EU and US markets. LEARN MORE   


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