Turks and Caicos IslandsEnvironment
It gives me great pleasure to introduce myself as the new Governor of the Turks & Caicos Islands. I am no stranger to the Offshore Finance Sector, as my last two assignments as Deputy Governor of Bermuda and as Deputy Head of the West Indian and Atlantic Department in the Foreign and Commonwealth Office enabled me to take a keen interest in the finance sector of the other British Dependent Territories as well as competitor countries.
It is an exciting time to be starting a tour of duty in the TCI. Development in the tourist sector during the past 15 years has been phenomenal - especially in Providenciales - but the other islands in the TCI group are beginning to benefit from investments in tourist projects also. One major project with an estimated investment of some US $300 million plus proposed of the uninhabited islands of East Caicos will transform the economy of TCI by the millennium. Such staggering development in the tourist sector shows a strong confidence in the long term
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