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5/11/2005 
REGIONAL TOURISM INVESTMENT FUND PROPOSED  
BRIDGETOWN, Barbados: There is a move to develop a fund dedicated to tourism interests in the Caribbean. That’s the word from President of the Caribbean Hotel Association, Berthia Parle who says this initiative which is taking the form of a Regional Tourism Investment Fund Project which will be developed by a consortium of banks and financial institutions to provide mainly small businesses with investment. She says representatives from the company which was commissioned to undertake the feasibility research for the project will be meeting with interested parties and stakeholders at the ongoing Caribbean Hotel and Tourism Investment Conference and Profit Partnership Meeting at the Sherbourne Conference Centre. The CHA head explained: "The resulting report will outline a matrix of the expected capital needs by the sector, make recommendations as to how the RTIF could be established and managed, identify potential partners and investors and estimate the cost structure." BRIDGETOWN, Barbados: There is a move to develop a fund dedicated to tourism interests in the Caribbean. That’s the word from President of the Caribbean Hotel Association, Berthia Parle who says this initiative which is taking the form of a Regional Tourism Investment Fund Project which will be developed by a consortium of banks and financial institutions to provide mainly small businesses with investment. She says representatives from the company which was commissioned to undertake the feasibility research for the project will be meeting with interested parties and stakeholders at the ongoing Caribbean Hotel and Tourism Investment Conference and Profit Partnership Meeting at the Sherbourne Conference Centre. The CHA head explained: "The resulting report will outline a matrix of the expected capital needs by the sector, make recommendations as to how the RTIF could be established and managed, identify potential partners and investors and estimate the cost structure." Reprinted from Caribbean Net News caribbeannetnews.com
 

 


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REGIONAL TOURISM INVESTMENT FUND PROPOSED