BARBADOS’ PREMIER INFRASTRUCTURAL capacity, strategic geographical location and history of success are the primary reasons why the island is generally viewed in a positive light by investors.
To stay and remain competitive however, Barbados must minimise the frustrations of doing business.
This observation was made by Sir Trevor Carmichael ahead of a luncheon being hosted by the Barbados Chamber of Commerce & Industry (BCCI) on Barbados’ plans to improve its competitiveness through the legal framework to ensure a more enabling business environment.
Sir Trevor, who is the chairman of law firm Chancery Chambers, believes that Singapore is an excellent example of an international financial centre with a sound legal model that facilitates the easy carrying on of business. He points out that their legal model is buttressed by strong administrative protocols and practice.
“Barbados must continually strive to minimise the frustrations of doing business which represent the most vocal complaint of business people as well as the man on the Oistins bus,” said Sir Trevor.
BCCI’s executive director Lisa Gale, in commenting on the success of the 2014 luncheon programme, said the Chamber was pleased to have Attorney General of Barbados Adriel Brathwaite as this month’s guest speaker.
His focus will be on how Barbados can use its legal framework to improve its competitiveness. The luncheon takes place on October 29 at the Hilton Barbados Resort. (PR)
