PREMIER ANDREW FAHIE BELIEVES A BALANCE MUST BE STRUCK BETWEEN INVESTORS AND INTEREST OF THE TERRITORY AND ITS PEOPLE
Written by Fuze Social Team on August 24, 2021
Premier Andrew Fahie believes if the BVI wants to encourage investment in the territory the needs and concerns of investors must be addressed while balancing the interest of the territory and its people.
The Premier’s comments were made in the House of Assembly as he introduced the Virgin Islands Investment Act, 2020.
Premier Fahie said that the Virgin Islands Trade Commission will be responsible for the administration of this act.
He said that the functions of the commission include receiving and considering investment proposals and to approve or disapprove applications in accordance with the act.
