Barbados has to diversify if it is remain competitive in the area of services.
Speaking during a tenth anniversary reception for Premier Events Services at George Washington House Thursday evening, Deputy Prime Minister Freundel Stuart said Barbados is a small economy whose accent was on the provision of services.
“That puts us in a position where we have to concede from time to time that if we are to remain competitive in the provision of services we have to diversify our product offerings”, he said.
He said event planning and management is a manifestation of the diversification of what Barbados had to offer.
“This country needs now more than at any other time in our history the use of our collective imagination for its good”, the acting Prime Minister said.
He lauded the incorporators and directors of Premier Events Services for responding to “the prompting of their imaginations” ten years ago and setting up a company to provide a service that up until then had only been “spasmodically and sometimes sporadically” provided on any consistent basis.
Stuart said he hoped more Barbadians would turn to their imaginations and try to carve out niches for themselves in the economy and society.
Co-director of Premier Events Services Faye Wharton-Parris attributed the company’s ability to survive for the past ten years, to the founders’ original vision to provide “superior service”.
The event-planning company was started by Wharton-Parris in partnership with Jerome “Jerry” Ishmael.
