Investment promotion agencies in the region will continue working together to attract more investment to the Caribbean.
Barbadian investment promotion leader Kaye Greenidge, speaking following her recent appointment as president of the Caribbean Association of Investment Promotion Agencies (CAIPA), said there was evidence that such cooperation worked for the benefit of Barbados and other Caribbean countries.
Greenidge, who is chief executive officer of Invest Barbados, was chosen to lead CAIPA for the 2026-2027 period on February 27 at the organisation’s general assembly.
CAIPA) is a network of 24 national and sub-national investment promotion agencies dedicated to positioning the Caribbean as a premier destination for foreign direct investment.
Greenidge underscored the importance of CAIPA’s coordinating role across the region’s investment promotion agencies.
“CAIPA plays a critical role in coordinating the efforts of the Caribbean IPAs in promoting our region to investors,” she said.
“This unified position sends a strong signal to investors who see our combined value proposition and are interested in establishing a presence not only in one territory but having a regional footprint throughout the region. In CAIPA we have learned that working together works, and it works for all of us.”
Her term as president will be one in which CAIPA seeks to capitalise on opportunities in several areas. These included the digital economy, the blue economy, logistics and agritech.
“I am eager to herald a new age for CAIPA – one in which we double down on opportunities in the digital space through our work with CANTO, lean into the blue economy that makes up most of our territory, and position renewable energy, logistics and agritech as priority sectors we strategically and consistently target,” she said.
“ Thanks to partners like UNCTAD, Paul Wessendorp, senior investment advisr, and the Inter-American Development Bank who stayed with us through the teething pains, and to our members
who remained committed despite the challenges.”
Prior to her recent appointment via a “special confirmation process conducted by CAIPA members”, Greenidge had served as CAIPA’s acting president from 2025.
CAIPA said that Greenidge’s background in structuring financial and investment solutions and leading major asset portfolios “positions her to guide CAIPA’s regional investment promotion efforts over the next two years”.
The organisation said that its general assembly also confirmed that the existing CAIPA Board will continue to serve for the 2026-2027 period in support of the president.
Members of the board are:
• Stanley Jacobs, vice president. He is acting Director of the St. Kitts Investment Promotion Agency.
• Sekou Alleyne, director. He is CEO of GlobalTT, Trinidad and Tobago
• Ishmael Quiroz, director. Quiroz is executive director, BELTRAIDE, Belize’s.
• Miles Mercera, director, and CEO of Curaçao Investment & Export Promotion Agency.
• Ronald Theodore, CEO, Grenada Investment Development Corporation , is CAIPA ex-officio member.
CAIPA said the board members would support its strategic agenda “to strengthen the Caribbean’s collective investment proposition in traditional and emerging sectors”. (SC/PR)
