The Bahamas is refocusing development around the Sustainable Development Goals outlined in the Paris Agreement international treaty on climate change, Prime Minister Philip Brave Davis told investors yesterday, also explaining to them that the government will ensure projects will no longer be unnecessarily delayed by red tape.
Davis, who delivered the keynote address at the tenth annual Caribbean Hotel Investment Conference & Operations Summit (CHICOS), implored investors in the room to partner with the government of The Bahamas to carry out sustainable development throughout the islands of The Bahamas.
Davis continues to echo his sentiments made at the 2021 United Nations Climate Change Conference (COP26), of ensuring that countries and stakeholders take responsibility for the part they play in climate change.
He said that as a signatory to the Paris Agreement, The Bahamas will do what it can to reduce its carbon footprint, though, he said, the territorial waters of The Bahamas have been found to be a carbon sink.
The Davis administration has committed to improving this country’s ease of doing business score and he emphasized that to the audience yesterday.
“We are committed to taking all necessary steps to improve the ease of doing business and to ensure that investment projects are no longer unnecessarily delayed by red tape. These enhancements will support a superior tourist model that harnesses our capacity for the development of culture, heritage, sports, religion, ecotourism and medical tourism. Ours is a new government, determined to deliver on our promises and our mandate.”
He also touted the country’s skilled workforce, sound legal framework, modern infrastructure and incentive policies for investors, which he insisted makes investing in The Bahamas a “wise choice”.
Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper told Guardian Business on Wednesday that his ministry had several meetings in their schedule during the conference.
“We’re bringing people together,” said Cooper.
“I believe this is the tenth anniversary of this forum and its success is marked by bringing together deal makers, operators, investors, hotel owners and we’re delighted to be able to support this event.”
The post PM promises investors less red tape, sustainable opportunities appeared first on The Nassau Guardian.
source https://thenassauguardian.com/pm-promises-investors-less-red-tape-sustainable-opportunities/
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