NIA CHARLESTOWN NEVIS (February 02, 2021) – The Nevis Investment Promotion Agency (NIPA) has launched a new interactive and innovative website, www.investnevis.org to better enhance Nevis’ ability to attract local and foreign investment.
Delivering remarks at the launch ceremony in the Cabinet Room, Pinney’s Estate on February 02, 2021, Nevis Premier Hon. Mark Brantley, who is also the Minister of Finance and Foreign Investment in the Nevis Island Administration (NIA) said the new website was conceived to move Nevis well ahead of the competition for investment.
“The concept…which I readily accepted as Minister responsible for trying to get investment to the island was really to create a platform that those internationally who wanted to invest could have essentially a one-stop shop.
“This site will provide us and provide investors with a portal into Nevis…Essentially, it is really designed to put the best face of Nevis forward and to take us into this digitized world in a serious way,” he said.
Ms. Kimone Moving, Director of NIPA explained that the website seeks to improve and expand services to lure more investors to Nevis.
“The revamped website is investor friendly, and sports a new logo to rebrand the image of the agency in keeping with its mandate of being the investors’ point of contact to facilitate matters related to investment opportunities in Nevis…
“The website seeks to improve and expand services to attract more local and foreign investors to the island of Nevis,” she said.
Mr. Jacob Katsman, Project Manager for the NIA Digital Platform, explained that the website launch is the initial phase of the project and more information such as service providers and an investment calculator would be added.
He pointed out that the rebranded website is mobile friendly and was designed with the latest technology, using local talent.
Mr. Katsman stated that the first thing investors would see when they log on are the investment opportunities available on the island.
“We want to attract investors. We need to show them what we have available in Nevis.
“One of the functionalities that we are developing and will be further developing is the ability to package information in a way that an investor can make a decision….The design of the site is very minimalistic to get the key information to the investor as to why they want to come to Nevis,” he said.
The key sectors for development highlighted on the website are – Real Estate, Agriculture, Tourism Services, Financial Services, Light Manufacturing, Communication and Information Technology, and Entertainment.
Mr. Katsman also introduced NIPA’s Concierge Service in which the investor would have a NIPA agent designated to follow the process of that investor from start to finish.
Mr. Colin Dore, Permanent Secretary in the Ministry of Finance noted that the website would assist investors to have a more seamless process.
“We are hoping that would cut the turn-around time considerably and we can have a project underway in the shortest possible time.
He encouraged local businesses and service providers to sign up to be included on the NIPA website so investors can know what they have to offer.
Also in attendance at the launch were Deputy Premier Hon. Alexis Jeffers; Hon. Eric Evelyn; Mrs. Hélène Anne Lewis, NIA Legal Advisor; and Mrs. Joan Browne, Assistant Permanent Secretary in the Ministry of Finance.
]]>NIA CHARLESTOWN NEVIS (December 09, 2020) — The Nevis Investment Promotion Agency (NIPA) website is set to undergo an upgrade designed to improve and expand its services to attract more local and foreign investors to the island.
The announcement came during the Budget Address for 2021, delivered by Hon. Mark Brantley, Premier of Nevis and Minister of Finance and Minister of Foreign Investment in the Nevis Island Administration (NIA) on December 08, 2020.
“In light of the need to be more proactive in the investment market place my Administration is presently undertaking a project to revamp our main marketing arm, the Nevis Investment Promotion Agency.
“This revamping exercise will see the launching of a new interactive and user-friendly website platform, encompassing all the features which we hope will pique the interest of investors and have the effect of luring them to invest in Nevis.
“This new digital platform will form the basis for investment in Nevis, as all potential investors both local and international must first register on this platform, submit their project proposals and other pertinent documents which will then be reviewed and assessed by the competent staff at NIPA, before submission to the Cabinet for consideration,” he said.
The Premier said the need to step up the island’s investment marketing has become necessary in the face an increasingly challenging investment climate due to the COVID pandemic. He said it is therefore imperative that the NIA continue to promote Nevis as a viable place to invest.
“My administration intends to expand our investment promotion drive into such countries as a means to soliciting investment into Nevis by people seeking a stable and rewarding environment…
“My cabinet has already mandated NIPA to specifically target these countries with an enhanced investment pitch as part of our new strategy of looking beyond the traditional investment markets of the USA and Europe, focussing instead on Asia, the Middle East, Russia and other Eastern European countries. We feel that these are now the emerging areas with potential investors looking to expand their portfolios and opt for less stressful lifestyles,” he said.
Through this platform investors will be able to track the progress of their various applications which would have been routed to the various approval agencies of government.
Premier Brantley said the newly revamped NIPA will become the interface between the investor and the various departments of government, namely the Companies Registry, the Department of Physical Planning, the Ministry of Finance and the Ministry of Agriculture.
“This revamping is all in an effort to enhance the investor experience as we seek to increase our ranking in the Ease of Doing Business Index…
“One of the main features of this electronic investment platform will be our ability to list all the professional service providers, development concessions offered by government and the various procedures to be observed when doing business or submitting documents to any of the approval agencies of government.
“This, we feel, will expedite the approval processes and potential investors will be very clear about the documents to be submitted and the processes to be followed in order to obtain the relevant approvals,” he said.
Additional features of the improved NIPA website include the listing of professional services such as lawyers, architects, and surveyors; and the establishment of the Real Estate Database which will allow realtors the opportunity to list all properties currently available for sale.
The Premier informed that the upgrading of the NIPA website should be completed and launched during the first quarter of 2021 when it will become “the catalyst for increased foreign investment into Nevis.”
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