The Sugar Industry Diversification Foundation Plans Official Launch of Office

Terrence Crosssman

Basseterre, St. Kitts (May 27, 2012) — The Sugar Industry Diversification Foundation (SIDF) will officially launch its newly established office on Wednesday, May 30, 2012 at the St. Kitts Marriott Resort.

The main aims of the event are to create greater awareness and understanding of the investments that the SIDF has made in the Federation, and to identify key projects and initiatives within priority sectors of the economy through consultation with representatives from various industries. The consultative exploratory working session will be facilitated by PricewaterhouseCoopers Eastern Caribbean, and the outcomes will contribute towards the creation of the strategic vision of the Foundation.

The opening ceremony will commence at 9:00 a.m. and will feature various local and overseas presenters. A press conference will be held immediately after the ceremony, and this will be followed by the exploratory working session which runs from 11:00 a.m. to 6:00 p.m. Over fifty persons are expected to participate in this session. In groups, they will explore five clusters of activities to arrive at innovative business opportunities which could have a positive impact on society and the economy at a macro level. These five key areas are:

1. Educational Services,

2. Economic Diversification & Food Security,

3. Alternative Energy,

4. Tourism & Hospitality,

5. Recreation, Culture & Sports (The Creative Industry).

The Hon Prime Minister, other members of Parliament, senior government officers, representatives of public and private sector organizations and members of the print and broadcast media have been invited to this major publicity event.

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