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Investment Promotions is Everybody's Business - NDC


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Contact: Virnet St. Omer-Fontenelle

Friday, March 05, 2004 - The National Development Corporation (NDC) began the first of a three stage process for the development of a strategic plan to guide its work for the next three to five years.

The first event, a two-day strategic planning retreat opened at the Royal St. Lucian Hotel today. The meeting brought together representatives of all sectors of the economy for what NDC’s General Manager, Wayne Vitalis says should be frank and open discussions for the beginning of an aggressive investment promotion policy to guide the work of the corporation.

Mr Vitalis promised the exercise would not be another talk shop, but would inform a final policy document in keeping with the NDC’s mandate to set goals closely related to the broad development objectives of the Government of St. Lucia. He said that the retreat was a first step to building meaningful relationships foremost with local partners, as investment promotion was everyone’s business.

The NDC General Manager said that the challenge was great in a competitive and expensive investment promotion environment.

Mr Vitalis said that the 2-day retreat would survey the critical elements of the investment promotion process, with a view to identifying strengths and weaknesses, and opportunities and threats for St. Lucia.

The National Development Corporation was established over 30 years ago.
 

 


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