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Ian Kelly

Chief executive

British-Caribbean Chamber of Commerce

 

 

Daniel Malachuk

Managing director

Co-Investment Capital

Partners

Mark O’Connell

Managing director

OCO Consulting

 

 

CATEGORIES & CRITERIA:

Economic potential:

 

  • GDP
  • GDP growth
  • Level of FDI
  • FDI/capita
  • FDI deals [judged category]

 

Cost effectiveness:

 

  • Out of town office rent
  • Centrally located office rent
  • Industrial rent
  • Secretarial salaries
  • Middle management salaries
  • Manual labour rates
  • Cost of calls to the US

 

Human resources:

 

  • Quality of universities [judged]
  • Percentage of population with a degree

 

Transport:

 

  • Transport [judged]

IT and telecommunications:

 

  • Phone lines per thousand people
  • Mobile phone ownership (% of population)
  • Internet connectivity (% of population)

 

Quality of life:

 

  • Cost and quality of housing [judged]
  • Healthcare [judged]
  • Schools [judged]
  • Natural and cultural heritage [judged]

 

Best FDI promotion strategy:

 

  • Promotion strategy [judged]
  • Incentives [judged]
  • FDI attractions [judged]
  • Infrastructure and urban planning projects [judged]

 

NOTE

Information in this competition has been provided from government sources.

While fDi has made attempts to check information where necessary, it has not been possible to verify all figures provided by government agencies.

 

 

 

METHODOLOGY

fDi

began its search for the Caribbean Countries of the Future in March. It asked investment promotion agencies, development authorities and national and regional governments to return questionnaires giving detailed reasons why they should be chosen for an award. In late June, fDi’s panel of judges examined applications from the 13 Caribbean countries that entered the competition. fDi used 26 criteria to judge which locations offer investors the best deal (see above). The top three locations in each category scored: three points for first, two for second and one for third. The overall winners in each category are those that picked up the most points.