Managing T&T's natural resources, creating upstream and downstream value from the energy sector and renewable energy are but three of the subjects which will be explored at next week's Caribbean Investment Forum (CIF). The CIF, to be held on June 13 and 14, is the first half of T&T Trade and Investment Week, which includes the annual Trade and Investment Convention (TIC), which its organisers have described as the largest business-to-business trade and investment event in the southern Caribbean.
The forum will showcase investment opportunities in T&T and across the region and the potential of the Caribbean to act as a bridge between Commonwealth markets and the Americas. The opening ceremony of CIF, which will start at 9.30 am, will feature Stephen Cadiz, Trade and Industry Minister; Sir Allan Fields, chairman, Commonwealth Business Council, and chairman, Cable and Wireless, Construtora OAS Ltd; Larry Howai, chairman of the National Gas Company (NGC), and Hernan Rincon, president, Microsoft Latin America. The list of speakers is a high-ranking one. José Miguel Insulza, Secretary-General, Organisation of American States (OAS). Prime Minister Kamla Persad-Bissessar is to deliver the keynote address.
Managing natural resources
The 11.30 am to 12.45 pm session titled, Managing Natural Resources: Partnerships for Growth will include Derek Hudson, president and asset general manager, BG T&T; David Suratgar, chairman of the advisory board of Taylor-DeJongh Inc, a Washington, DC-based specialist investment banking firm; and NGC officials. Following this session, Atlantic, formerly Atlantic LNG, will host a networking lunch.
Creating value from oil, gas
From 2 pm to 3.15 pm, Thackwray Driver, chief executive officer of the Energy Chamber, will chair a session on creating upstream and downstream value from T&T's oil and gas. Participants will include Oscar Prieto, chief executive officer, Atlantic; Vernon Paltoo, team leader, office of the president, National Energy Corporation (NEC); Imtiaz Ali, corporate manager, strategy and business development at State-owned Petrotrin; and, Vincent Pereira, president, BHP Billiton.
Manufacturers' challenges
Overcoming challenges for manufacturers in the Caribbean is the session that Jewan Ramcharitar, chairman of e-TecK, which has been tasked to diversify T&T's non-energy sector, will chair from 3.30 pm. The panel will comprise Dominic Hadeed, president of the T&T Manufacturers Association, Sancia Bennett-Templer, president, Jamaica Promotions Corporation (Jampro), which has the mandate to promote and facilitate trade, investments and promotions and to encourage and support the export of Jamaican products; Ian Rolle, president, Grand Bahamas Port Authority; Gerry Brooks, chief operating officer, ANSA McAL Group, and Krishna Ramlogan, Group chief operations officer, Electrical Industries Ltd.
Renewable energy
Two of the latest buzz phrases in business circles nowadays are renewable energy and green technology. Arthur Snell, British High Commissioner to T&T, will chair a discussion on this subject, which will feature Dominic Emery, chief of staff at BP Alternative Energy; Johan Sydow, director, SiTek Ltd, and geothermal resource manager at West Indies Power; Jose Rodriguez, development director, Generadora Haina; and Robert Tang Yuk, managing director, TYE Manufacturing Company Ltd.
Capitalising on culture
Culture is an eclectic mix of events. In the Caribbean, it's Carnival, music, fashion and film. How does the region capitalise on these different genres? A key figure on the subject, Dr Keith Nurse, senior lecturer at the Institute of International Relations, University of the West Indies (UWI) and director of the Sir Shridath Ramphal Centre for International Trade Law, Policy and Services, UWI, Barbados.
Nurse, who has conducted a ground-breaking study on the economic impact of Carnival on T&T and has been championing the idea of investing in Caribbean creative industries, will chair this session. Presenters will include Kai Schoenhals, commercial director, Vicini Group; Trinidad-born filmmaker, Frances Anne Solomon, chief executive officer of Leda Serene Films; couturier, Claudia Pegus Designs Ltd; and, Mahindra Satram-Maharaj, president, National Carnival Development Fund.
On Tuesday, heads of trade will meet to talk about enhancing trade and investment between the Commonwealth, Cariforum and the Americas. T&T's Trade Minister Stephen Cadiz will chair this team, which will include Karl Samuda, Ministry of Industry, Investment and Commerce, Jamaica; Manuel Garcia Arevalo, Minister of Industry and Commerce, Dominican Republic; Pamela Coke-Hamilton, executive director, Caribbean Export Development Agency.
A key session on Tuesday will be Suresh Sookoo, chief executive officer of Caribbean banking, RBC, chairing a discussion on new innovations for accessing finance. Leading the debate will be Central Bank Governor Ewart Williams, who will be joined by Wendell Mottley, senior adviser, Credit Suisse; Prof Avinash Persaud, chairman, Intelligence Capital Ltd in Barbados; and, Douglas Hewson, managing partner of the Canadian firm, Portland Private Equity.
