Caribbean construction projects to be showcased

Companies will also get the opportunity “to bid for new ventures” during the event is being hosted by Southex Trade Shows and AME Trade of United Kingdom.

Under the theme, “Building the Caribbean’s future, with a new specialised industry focused trade event”, Carib Build will include a trade show, corporate workshops, a ‘B to B’ meeting area; allowing companies to set up the relevant meetings before the event starts, as well as specialised workshops to allow knowledge sharing and discovering up to date industry information.

Southex said Carib Build “will also facilitate companies in the building industry to promote their products and services, to launch new brands, expand their sales distribution network and target consumers directly. It will be a window of promotion for all types of housing in the Caribbean region, allowing buyers to find out how they can get on or climb the property ladder.” Southex noted that the Caribbean building and construction industry is currently booming as its economy improved throughout 2015 and the outlook for 2017 is excellent with GDP up from 2.5 percent in 2015 to three percent in 2016, with tourism and housing needs in the region presenting opportunities for construction firms.

“Major funding is in place to finance upgrading the Caribbean’s infrastructure. US $35 billion has been set aside as part of the China– Community of Latin American and Caribbean States (China-CELAC) Fund, which has recently been made available to the group’s member states.” Southex added that a UK-backed Caribbean infrastructure investment scheme became operational in 2016, offering ?300 million worth of grants for infrastructure across the region until March 2020.

For further information, email Southex Director, George Singh, gsingh@southex.co.tt or Dan Coberman of AME Trade at build@ ametrade.org