Knowing more about the Investment Policy and Compliance Unit
The Investment Policy and Compliance Unit (IPCU) in the Ministry of Investment organized a consultation with companies that benefit from the Designated Processing Areas (DPA) Act. The objective of the consultation was to apprise the private sector stakeholders of the proposed amendments. According to Lincoln Blake, the director of the unit, DPA companies employ approximately 9,000 persons across the various priority sectors; these companies export $181 million in goods and services.
Executive Director of BELTRAIDE David Almendarez says that over 25 companies were present and voiced their support for amendments being contemplated to the DPA Act and Regulations.