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CDB strengthens collaboration with Caribbean Export ahead of CIF

World 1 source 1 country 9m ago

BRIDGETOWN, Barbados (CMC) — The Barbados-based Caribbean Development Bank (CDB) says it is strengthening its collaboration with the Caribbean Export Development Agency (Caribbean Export) to support the development of a more robust pipeline of Caribbean investment opportunities and improve connections between regional projects and prospective investors. The CDB said that the collaboration reflects the growing importance of partnerships in mobilising capital, strengthening project readiness and advancing sustainable private-sector development across the region. The region’s premier financial institution said that the collaboration also aligns with the spirit of SDG 17 – Partnerships for the Goals, highlighted during the recently concluded Global Goals Week.

“The Caribbean’s development ambitions require greater mobilisation of private capital and stronger connections between credible investment opportunities and the investors seeking them,” said CDB President, Daniel Best. “Through this partnership with Caribbean Export, we are supporting a more coordinated approach to developing the region’s investment pipeline and creating pathways for Caribbean enterprises and projects to access the capital and partnerships they need to grow,” he added. Caribbean Export’s Executive Director, Dr Damie Sinanan, said the collaboration reflects the agency’s wider ambition for the Caribbean Investment Forum (CIF) to be held October 5-7, to serve as more than an annual event.

“Our objective has always been to build an investment platform that supports projects before, during and after the forum. CDB’s support strengthens our ability to engage investors in a targeted way, learn from those interactions and maintain momentum with project owners as opportunities progress,” Sinanan added. The partnership will be activated at the CIF where investors will engage directly with a curated pipeline of Caribbean opportunities through project showcases, targeted matchmaking and the CIF Deal Room.

As part of the collaboration, CDB has approved support through its PROPEL programme to strengthen investor engagement around projects developed through the CIF. The CDB said that the initiative will help Caribbean Export support project owners with investor readiness, targeted outreach, matchmaking and structured follow-up with prospective investors. The work builds on a CIF pipeline developed sinc…

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