Executive Council met yesterday afternoon with just one item on the Open Agenda – the Investment Strategy April 2019 – which had been deferred from the previous meeting held on 16 April.

The Investment Strategy seeks to encourage investment where it contributes to the Sustainable Economic Development Plan goals. It is concerned with the practicalities of investment and sets out the process for investors to access incentives.

Both resident and non-resident investors have and continue to provide key contributions to the St Helena economy. In future, investment by both types of investors will contribute to economic growth and development.

Council noted that Enterprise St Helena is also in the process of developing an Investment Prospectus which will also help potential investors in terms of identifying properties which represent an investment opportunity.

Executive Council was pleased to approve the Investment Strategy, a copy of which can be found on the Investors page of the SHG website: http://www.sainthelena.gov.sh/investors/

ExCo

24 April 2019

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