VI doing 'very well' but some not positioning themselves for success– Premier
"The BVI is doing very well, but some of us are not well positioned to be able to benefit from the success happening. So the BVI is doing well and if we want to do well, we have to pay attention to the trends,” Hon Wheatley said.
The Premier was at the time speaking on the sidelines of an event on March 25, 2024, when the Government of the Virgin Islands inked an Investment Agreement with the family-owned JOMA (Properties) Ltd for the development of a new hotel and an upgrade to the marina at Port Purcell on Tortola.
Dr Wheatley reminded that financial services has done well for the Virgin Islands; however, the intent is to show that the VI could diversify its economy, and balance it with stronger investments in tourism.
Airport runway extension a necessity- Premier
“To build that tourism product would be impossible without the extension of the runway and extending that runway to allow direct flights from the Eastern Seaboard of the United States and places like New York, North Carolina, Atlanta...is going to have a transformative impact on our tourism product,” he said.
The Premier said there are many investors from all over the world knocking on the VI’s doors and saying they believe in the "BVI" brand. “The numbers will continue to grow in tourism and we have to make sure that we are well positioned to benefit from that growth,” he added.
'Reflect that optimism'
Meanwhile, the Premier said the VI is upgrading its incentives regimes, including through the Investment Act, and looking for other opportunities to encourage persons to make these investments.
“Just like Brother Colin O'Neil said, ultimately the government and the people of the Virgin Islands are beneficiaries when we encourage these types of investments.
“The BVI is doing well, tourism is doing well in the BVI. Of course, we have some areas that we need to fix and there are some areas that we need to improve on…. But trust me, when I speak to visitors every day, and when I speak to investors in the tourism sector, they're extremely optimistic, and we want the people of the Virgin Islands to reflect that optimism and make sure that you're well-positioned for success in this thriving tourism industry here in the Virgin Islands,” he added.
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21 Responses to “VI doing 'very well' but some not positioning themselves for success– Premier”
Boy premier boy ya need to hush ya %$£@
For you, It is always someone else fault.
Completely out of thouch .
“Just like Brother Colin O'Neil said”
We do not need a run way extension that will destroy Trellis.
You know we can not compete with a foreigner from across the world when it comes to servitude. At the first licks we will go home.
What i gather from this phrase "not positioning themselves" is he thinks people have all the options and arent working hard enough.
Sir if you are a doctor by heart or sales man what point is there working hard to be a chef that serves people on vacation?