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Caribbean UPDATE September 2007 1 Caribbean UPDATE, 116 Myrtle Ave., I prefer: _ traditional hard copy via Air Mail __ Millburn NJ 07041 USA Email edition Tel: 973 376 2314. Name_____________________________________ Email:firstname.lastname@example.org ____________________CU907 Website: www.caribbeanupdate.org Company/Organization_____________________ Dear Reader: _____________________ Because of your interest in the Caribbean & Latin America, I am pleased to send you this Address______________________________Offic complimentary issue of Caribbean UPDATE. e/Suite No._________ If you are not already a subscriber to City________________________________State:_ Caribbean UPDATE, I think you will see, upon ___________________ reading it, why it is regarded as the best single source of information on business and economic Zip:___________ opportunities in the Caribbean and Central Country__________________________________ America. Our subscribers include leading _____ executives in many fields (manufacturing, import/export, tourism, banking & finance, real Phone:________________________Fax: estate, agribusiness, transportation) as well as top ___________________________ government policy makers, journalists and scholars. Email address:_______________________________ Each month, since February 1985, ___Check enclosed Caribbean UPDATE has provided reliable, incisive, comprehensive coverage. Our slogan: ___ Bill me Charge my __ Amex ___ "we provide you with information that you can act MasterCard ___ ISA __ Discover upon, by phone, fax, E-mail, or packing your bags." To subscribe, please contact us via phone, Card regular mail or Email (since we travel so much, #____________________________________Expir we don’t use fax!). Our guarantee: if at any time e date:________ Caribbean UPDATE does not meet your needs, simply contact us and we will refund the unused portion of your subscription. If you prefer your Caribbean subscription sent to you via Email, please specify. Otherwise, we will send only the hard copy via Air UPDATE Mail. Including Central Sincerely, K.W. America Kal Wagenheim, Editor-Publisher Editor/Publisher: Kal Wagenheim, Please process my one-year subscription to 116 Myrtle Ave., Millburn NJ 07041 Caribbean UPDATE, at US$277 for 12 monthly Tel: 973-376-2314. issues. Reduced rate of US$139 available to Email: email@example.com individual scholars, and for additional orders to the same organization. Vol. 23, No. 8 Copyright 2007 September 2007 TABLE OF CONTENTS Caribbean UPDATE September 2007 2 Secretary General of the 15-nation Caribbean 1 The Region Community (CARICOM), Edwin Carrington said 2 Country-by-country reports in alphabetical high fossil fuel prices were a "drain" on up to 70% order of foreign exchange earnings of member states, 22 Calendar because at least 93% of commercial energy 23 Data Base consumption depends on fossil fuels. CARICOM, he added, could save US$500,000 a day if its Caribbean UPDATE (ISSN 8756-324x) is members added 10% of ethanol to their fuel. published monthly by Caribbean UPDATE Inc., 116 *** Myrtle Ave., Millburn NJ 07041. "We strive to CHAVEZ PLEDGES OIL. Venezuelan provide you with information that you can act upon, President Hugo Chavez, addressing a Caracas by phone, fax, e-mail or packing your bags." summit of nations taking part in his Petrocaribe Subscriptions: $277 per year (12 issues either via initiative, vowed to meet their oil needs for years to regular mail or Email); $139 special price to come, and urged the region to seek greater academics, and for additional subscriptions to the independence from the US, reports AP (Aug. 11, same organization. Bulk quantities also available 2007). Venezuela counts the US as its top oil buyer, (inquire). To order, see back page, or call 973 376- although Chavez has sought to diversify by selling 2314. E-mail: more to Latin America, the Caribbean and China. firstname.lastname@example.org. Since 2005, when Chavez created Petrocaribe, 14 countries have joined the pact, which lets them finance up to half their oil bills over 25 years at low THE REGION interest. Caribbean countries have saved US$437 million on their oil bills under Petrocaribe, US$300 MILLION FOR BIO-FUEL Venezuelan Oil Minister Rafael Ramirez said. The RESEARCH. The Inter American Development initiative is expanding with the addition of Bank said it has set aside US$300 million dollars to Nicaragua, was represented at the summit by help Caribbean nations study the viability of President Daniel Ortega, another Chavez ally. producing bio-fuels, reports AFP (Aug. 7, 2007): Ramirez said Venezuela is also making progress helping upgrade and build new refineries, including IDB President Luis Alberto Moreno, said the projects in Cuba, Jamaica and Dominica. money would be for a "green energy" program to finance energy efficiency, renewable energy, *** bioenergy and carbon finance lending and technical FEWER AMERICANS ARE VISITING assistance, mainly for small scale investments in the CARIBBEAN. Americans who flocked to the region‘s smaller countries. The IDB will disburse a islands in record numbers until recently are finding US$850,000 donation from Japan to assist Guyana new destinations or staying home, leading to assess several proposals by overseas investors who declines of more than 10% this year in islands would like to establish bio-fuel operations; including Jamaica, St. Lucia and Grenada, reports AP (July 30, 2007): Several countries (Guyana, Jamaica, Haiti, Dominican Republic, and Trinidad & Tobago) are Governments have aimed marketing pitches at taking advantage of the bio-fuels industry to create Canada and Europe to compensate for slippage in employment, reduce their fuel import bill and the US market, which accounts for about 60% of the diversify their sugar-cane industries to ethanol, he region's tourism business. ``The trickle-down effect said. Guyana is producing bio-diesel from palm-oil is huge,'' said Richard Kahn, a spokesman for the for use in the north-western part of the country, to Caribbean Tourism Organization; reduce fuel imports and discourage fuel smuggling from neighboring Venezuela; A new passport rule has discouraged some travelers. Americans returning by air were required The Caribbean in 2004 bought 163 million to present the document beginning earlier this year, barrels of petroleum products (cost: US$6.5 billion). although the US is temporarily accepting proof of Caribbean UPDATE September 2007 3 application because of a backlog. But even US provider, filed a lawsuit accusing rival Cable territories unaffected by the new security measure &Wireless PLC of illegally withholding technical have seen declines - the number of Americans cooperation to delay its entry into Caribbean visiting Puerto Rico dropped 9% in January vs. markets, reports AP (July 19, 2007): 2006, and the US Virgin Islands saw a 7% drop; The lawsuit filed in a British court seeks Some simply want more exotic destinations. ―A compensation for lost profits, fees and market share. lot of the larger islands are reaching that point Britain-based C&W, which provides telecom where their market has been there, done that and is service in 33 countries, in regions including Asia looking for a different experience,'' said Cheryl and Europe, denied Digicel's allegations; Carter, a tourism instructor at Florida Intl Univ. The number of American visitors dipped in the months Digicel claims that 2002 and 2006, C&W resisted after the Sept. 11, 2001 attacks before surging more interconnection and created obstacles causing than 10% over four years. Last year, US overnight delays for months in launches in Grenada, Barbados tourists peaked at of 11.5 million, said the and Trinidad & Tobago. ``We believe that a Barbados-based CTO; successful claim will put an end to the anticompetitive practices of C&W,'' said Denis Caribbean officials are focusing promotional O'Brien, the Irish tycoon who owns Digicel, efforts elsewhere. Jamaica, hit by a 12% drop in launched in 2001, which has 4.7 million subscribers US visitors this year, has started advertising more in in 22 Caribbean markets. Canada and Europe, said Basil Smith, Jamaica's tourism director. A strong euro helped boost *** European visits by 22% through April, he said. CHAIN STORE OWNER SEEKS Grenada arranged for the Germany‘s Condor to BANKRUPTCY. Nutritional Sourcing Corp. and offer weekly flights year-round instead of only in two units, owners of 23 supermarkets and 41 the winter, said tourism board spokesman Edwin Blockbuster video stores in Puerto Rico and the US Frank. St. Lucia is negotiating with British Airways Virgin Islands, filed for bankruptcy protection from and Virgin Atlantic Airways to provide more creditors with plans to sell their assets, reports flights. Some analysts argue US tourism will Bloomberg (Aug. 7, 2007). Nutritional, based in rebound quickly, attributing the decline in part to a Pompano Beach, Fla. listed assets of less than sluggish US housing market that has cut into US$10,000 and debt of US$1 million to US$100 Americans' spending. But others fear the new million in Chapter 11 documents filed in US passport requirement could haunt Caribbean resorts Bankruptcy Court in Wilmington, Del. In separate for years. filings, the company's Pueblo International unit listed assets and debt of more than US$100 million, *** and its FLBN unit listed assets of US$1 million to CONSTRUCTION MARKET REPORT. The US$100 million and debt of more than US$100 US Commerce Dept. has produced a 9-page report, million. Nutritional said it filed for bankruptcy due “Central America and Guatemala: Construction, to increased competition from Wal-Mart and online Construction Equipment and Building Products, video rental companies. This is its second which says ―over the past few years the construction bankruptcy in five years. Westernbank Puerto Rico, sector has become one of the most dynamic and owed US$95 million, is the largest secured creditor. fastest growing sectors in Central America.‖ Subscribers may receive a free copy via Email, in *** PDF format, by requesting it from: NEW USAID EXEC. Paul Bonicelli took the email@example.com. (For non-subscribers oath of office on July 31 as the new U.S. Agency there will be a fee charged) for International Development (USAID) Assistant Administrator for Latin America and the Caribbean *** (LAC). He will direct an annual budget of more DIGICEL SUES C&W OVER ACCESS. than US$750 million, which supports economic Digicel, a Jamaica-based mobile telephone growth, fiscal reform, democracy building and Caribbean UPDATE September 2007 4 social transition programs in 17 Latin American and commercial users of water by designing, building Caribbean countries. Prior to this appointment he and managing desalination, wastewater and pure served USAID as Deputy Assistant Administrator water plants. It has operations in the US Virgin for Democracy, Conflict and Humanitarian Islands, Turks & Caicos Islands, and St. Maarten. Assistance. Details; 202-712-4810. Web: Details :www.IFSWORLD.com. www.usaid.gov CARIBBEAN BASIN FUND OFFERING. REGIONAL PARTNERSHIP. Cognos, which The Herzfeld Caribbean Basin Fund on July 24 offers business intelligence and performance announced filing of a Registration Statement with management solutions, and General Business the Securities and Exchange Commission (SEC) for Machines Corp., on Aug. 2 announced a regional a proposed non-transferable rights offering to partnership that will help customers integrate holders of its common stock. The rights will entitle business processes and gain greater insight into the holder to subscribe for one additional share of company performance. GBM is IBM's exclusive the Fund's common stock for each right at a distributor and integrator in the region, and subscription price equal to a discount to the market represents other brands including Cisco Systems, price. It is expected that the rights offering will be Diebold, ZyXEL, Lexmark and Tripp Lite. As conducted in Sept. or Oct. of 2007. The Fund also Cognos' solutions provider in Central America, said that Albert L. Weintraub, 77, has retired from GBM will market and sell Cognos Performance the board of directors. The Herzfeld Caribbean Management solutions to its installed customer Basin Fund, Inc. is a closed-end fund managed by base, which represents companies and HERZFELD/CUBA, a division of Thomas J. conglomerates in the region, said Javier Ramirez, Herzfeld Advisors, Inc. It seeks long-term capital regional director at Cognos for Mexico, Central appreciation by investing in issuers that are likely to America and the Caribbean. information, visit benefit from economic, political, structural and Details: Cognos. Steve Milmore, 781-313-2403. technological developments in the countries in the Email: firstname.lastname@example.org or Lois Paul Caribbean Basin. Details: Cecilia L. Gondor, 305- &Partners, LLC. Jolene Hajj, 781-782-849. Email: 271-1900 . Web: www.herzfeld.com. jolene_hajj @ lpp.com or Cognos. John Lawlor, 613-738-503. Email: john.lawlor TABLE TRAC, THUNDERBIRD ACCORD. @cognos.comwww.gbm.net. Thunderbird Resorts Intl, owner/operator of 35 casinos and resorts in Central America and the CONTRACT WITH SANDALS. Dynamic Caribbean, signed an expanded Master License Leisure Corp., an online leisure travel packager and Agreement with Table Trac, it was reported July 24. wholesaler, on July 17 said it has added Sandal Table Trac is installing systems for Thunderbird Resorts' Caribbean vacations to its portfolio. properties in Nicaragua, Guatemala, and Costa Dynamic will market and promote Sandals' 12 all- Rica, said Robert Siqveland, Table Trac's marketing inclusive resorts, including wedding and director. Table Trac, based in Minnetonka, Minn., honeymoon programs, said Dan Brandano, CEO, has developed a real-time system that automates Dynamic Leisure. Details: Dynamic Leisure Corp., and monitors the operations of casino gaming Tampa. Nigel Osborne, 813-877-6300. Email: floors. Details: www.tabletrac.com and email@example.com. Investor Contact: www.thunderbirdresorts.com Flagler Communications. James Dryer, 561-837- 8057. Email: firstname.lastname@example.org Web: FRANCHISE DEALS. FirstCall/-Franchise www.dylicorp.com. Services of North America Inc. on Aug. 1 said it has closed on the sale of three new franchises in the WATER DESALINATION CO. CHOOSES Caribbean, and has begun to operate in Newark, NJ, IFS. IFS on July 20 said that Seven Seas Water servicing Liberty International Airport. It also sold Corp. has chosen IFS Applications to manage its a franchise for St. Maarten and a combined business and plant infrastructure around the globe. franchise for Aruba and Bonaire, said Robert M. Based in Tampa, Fl, Seven Seas serves resorts, Barton, Chief Operating Officer. FSNA and its municipalities and other large industrial and subsidiaries own: U-Save Car &Truck Rental, U- Caribbean UPDATE September 2007 5 Save Car Sales, Rent-A-Wreck of Canada, Auto www.cruisingpower.com. Rental Resource Center, Xpress Rent A Car and Peakstone Insurance. Details: www.sedar.com . TIFFANY SELLS LITTLE SWITZERLAND. NXP Corp., based in the US Virgin Islands, on Aug. PHOENIX ASSOCIATES ANNOUNCES 6 said it agreed to acquire Little Switzerland, Inc., ADDITIONS. Phoenix Associates Land Syndicate from Tiffany & Co. Little Switzerland operates 25 on July 28 announced major additions to its mining, duty-free retail store throughout the Caribbean oil & gas, aviation division, and the sale of its two offering luxury items such as watches, jewelry, pool companies. Paul Alonzo, President and CEO, crystal and china. NXP Corp., operating under the said Phoenix also expects to acquire an offshore retail brands "Jewels" and "Azura by Jewels", trust company and two more offshore banks to add operates 12 duty-free stores in the Caribbean. NXP to its first acquisition of the trading platform, is owned by the CI Group, a family of closely held investment bank and managed insurance company companies that employs over 4,000 people in the Caribbean. Details: Mike Mulshine. Osprey worldwide in a variety of industries, said NXP Partners. (732) 292-0982. Email: President Hal Tayler. Details: Tiffany &Co. Mark L. email@example.com Aaron, 212-230-5301 Web: www.jewelsonline.com. GIGABEAM RECEIVES BANK ORDER. UPGRADES AT 3 ELITE ISLAND RESORTS. Wireless communications equipment maker Elite Island Resorts on Aug. 14 announces GigaBeam Corp., based in Durham NC, said that an expansion and renovations of three of its upscale unidentified Caribbean bank has placed a purchase oceanfront resorts. Galley Bay on Antigua unveiled order for two WiFiber links, which enable high- 32 new suites and now has 96 rooms. St. James's speed Internet access across large urban areas, Club & Villas, also on Antigua, added 8 new guests reports AP (Aug. 8, 2007). GigaBeam said it rooms, for a total of 164. Palm Island, a private anticipates an order for two more links after island retreat in The Grenadines, adds 4 new rooms installation of the first two. for a total of 41 rooms and 2 villas, said Steven Heydt, Elite Island Resorts' president. Details: NEW CARGO SHIPPING SERVICE. Trailer (800) 345-0356. Web: www.eliteislandresorts.com. Bridge, Inc.on Aug. 13, announced the departure of INTCOMEX PUBLIC OFFERING. Intcomex, the Triplestack Box Carrier vessel Brooklyn Bridge Inc. a US-based value-added distributor of from Jacksonville, Fla. on its inaugural voyage to information technology products to Latin America Puerto Plata, Dominican Republic, introducing the and the Caribbean, on July 28 said it registered with 53' transport system. This new service also the US Securities and Exchange Commission for connects San Juan, Puerto Rico with Puerto Plata,. the proposed initial public offering of its common Details: Chairman/CEO John D. McCown, 800- stock. Intcomex distributes computer components, 554-1589. Web: www.trailerbridge.com or TRBR peripherals, software, computer systems, Investor Relations Counsel: The Equity Group Inc. accessories, networking products and digital Adam Prior, 212-836-9606. Ethan Guttenplan, 212- consumer electronics to customers in 45 countries. 836-9605. Web: www.theequitygroup.com ANGUILLA SOUTHERN CARIBBEAN CRUISE CALLS. Royal Caribbean Int'l on July 31 said it has NEW MARINA COMPLEX. Island Global established a homeport at the mouth of the Panama Yachting (IGY) on July 9 announced its selection as Canal, with 17 sailings from Dec. 2008 through the master developer and operator of a new marina April 2009 aboard Enchantment of the Seas. The and upland facility at Altamer Resort here. The seven-night voyages will visit ports-of-call in development, which will serve as the official port of Colombia (including Cartagena and Santa Marta) entry to Anguilla, will feature a 101-slip marina and the Dutch Antilles (including Bonaire and (30% of the berths will accommodate megayachts). Curacao), said Adam Goldstein, president, Royal The complex will also include 740,000 sq ft of Caribbean. Details: 800-327-2056. Web: upland space slated for a 164-unit resort and a duty- www.royalcaribbean.com or free shopping and restaurant promenade. Slated to Caribbean UPDATE September 2007 6 open in late 2009, the project is a partnership between IGY and Altamer Resort owners Michael BAHAMAS and Rebecca Eggleton, and will be the first marina built here. Based in Ft Lauderdale, Fla, IGY also PLATFORM SUPPLY VESSELS DEAL. has offices in New York, NY; St. Thomas, USVI; India's Bharati Shipyard Ltd. inked a $44-million and Dubai, UAE. IGY is an affiliate of Island deal with the Ultrapetrol Bahamas for two platform Capital Group LLC, a real estate merchant banking supply vessels. That's on top of an earlier contract firm led and founded by Andrew Farkas, former with the Nassau-based international conglomerate chairman of Insignia Financial Group. Details: to supply it with two more of the same and at the Chuck Smith. IGY. Director of Public Relations. same price, reports The Nassau Guardian (Aug. 6, Tel: P.954.302.6021 / C.954.260.5565. Email: 2007). Last January the Clipper Group, based in CSmith@ IGYMarinas.com Web: New Providence, put ordered construction of six www.IGYMarinas.com bulk carriers of 20,000 dead weight tons each. Contract value: $130.50 million. NEW GOVT. WEBSITE. The Dept of Information Technology and e-Government RESORT PROJECT PURCHASE. Andros Isle Services has completed initial development and Development Ltd. on Aug. 7 said it agreed to posting of the new Government of Anguilla acquire the Plantation Bay Resort project, on 27 website: www.gov.ai, reports Caribbean Net News beachfront acres in Ferguson Port, northern Long (July 23, 2007). The Dept of IT worked closely with Island. Andros plans to offer 36 one-third acre lots Acromedia, a US based website development with either canal or ocean frontage starting at company, to do the initial design and development. US$500,000 and 5 one-acre plus estate home sites The next step is to create a secure online presence starting at US$1.2 million, said Donald Harper, for some of its revenue collection and payment President and CEO. systems such as SIGTAS, SmartStream and ASYCUDA, a government source said. SPIRIT TO GRAND BAHAMA. Spirit Airlines on July 24 announced daily nonstop service ARUBA between its Ft Lauderdale, Fla. base and Grand Bahama Island starting Dec. 13, 2007. Service will FIRST RIU PROPERTY IN ARUBA. The 450- be via the Grand Bahama Intl Airport in Freeport. room all-inclusive Riu Palace Aruba has opened on Grand Bahama is Spirit's 21st destination in the Palm Beach, 2.5 miles from the capital of Bahamas, Caribbean and Latin America region, and Orenjestad, it was reported July 20. The new its 37th destination overall, said Barry Biffle, Spirit property is the 22nd in the Riu portfolio, said Luis Airlines' Chief Marketing Officer. Details: Alison Riu, Chairman and Owner of Riu Hotels & Resorts, Russell, 954-628-4827. Email: which was founded in 1953 in Mallorca, Spain. Riu firstname.lastname@example.org or Juan Arbelaez, 954- employs 19,000 and offers 36.000 rooms in 18 447-7856. Email: email@example.com countries, including Aruba, Bahamas, Dominican Republic, Florida, Jamaica and Mexico. Details: BARBADOS www.Riu.com . ALL-IN-ONE RUM FACILITY. Mount Gay SPIRIT TO ARUBA. Spirit Airlines on July 30 Rum will now be able to refine, store, age and blend announced daily nonstop service between its Ft its product in one location, reports The Barbados Lauderdale base and Beatrix Intl Airport here, Nation (July 23, 2007). The $14.2 million starting Nov. 10, 2007. Spirit also will offer automated Mount Gay Rum aging and blending connecting service to Aruba from its domestic facility was opened by Prime Minister Owen network, said Mark Kopczak, Senior Director of Arthur, next to the refinery in St Lucy. The Network Planning. Details: Alison Russell, 954- European Union, through its Integrated 628-4827. Email: alison.russell @ spiritair.com or Development Program for the African/ Caribbean/ Juan Arbelaez, 954-447-7856. Email: Pacific rum sector, provided $4.2 million of the firstname.lastname@example.org funding. The rum was produced by the refinery in Caribbean UPDATE September 2007 7 St Lucy and sent in tankers 18 miles to Brandons to WATER, SEWAGE PROJECT. Belize has be barreled, then transported to the aging facilities applied for a Technical Assistance Loan from the and, after maturation, sent back to Brandons for Caribbean Development Bank (CDB) for a blending and bottling. The new facility occupies feasibility study and designs for expansion of water 12.2 acres of land next to the refinery, with room to and sewerage facilities on Ambergris Caye. expand. Consultants are invited to prequalify by Sept. 15, 2007. Details: Contact: Chief Operating Officer. AIR JAMAICA TO BARBADOS. In Jan 2007, Belize Water Services Ltd. #7 Central American Air Jamaica introduced daily non-stop service from Blvd. Belize City. Belize District, Belize. Tel: (501) New York's JFK to Barbados (BGI) with flights 222-4757 Ext. 269. Fax: (501) 222 4238. E-mail: departing JFK at 7 am arriving BGI at 11:40 am and email@example.com. Procurement Officer. Project departing BGI at 6:45 pm arriving JFK at 11:40 pm. Services Division. CDB. PO Box 408, Wildey. St. On July 22 it began non-stop service to Barbados Michael, Barbados, BB 11000. Tel: (1-246) 431- from Ft Lauderdale (FLL) three days a week (Fri, 1600. Fax: (1-246) 426-7269. E-mail: Sat, Sun), said Paul Pennicook, Senior VP of Sales firstname.lastname@example.org and Marketing. Details: Tel: 1-800-221-9831 and www.airjamaicavacations.com and SUSTAINABLE TOURISM PROGRAM. A www.visitbarbados.org. non-reimbursable technical cooperation of US$340,000 from the Inter-American Development BELIZE Bank is for a Preparation of a Plan for a Sustainable Tourism Program (BL-T1011). Consultants will be EU GRANT. The Ministry of National required. Deadline: not specified. Details: IDB. Development announced confirmation from the Environment, Rural Development and Natural European Commission Delegation in Jamaica that a Disasters Division. Infrastructure and Environment. grant of Euro11.8 million (BZ$32.5 million), has Attn: Michele Lemay. 1300 New York Ave, NW . been allocated to under Envelope ‗A‘ of the 10th Washington DC 20577. E-mail: email@example.com European Development Fund, reports Caribbean Net News (July 27, 2007). This 20% increase from BRITISH VIRGIN I. the original allocation was due to Belize‘s performance in governance, and credibility and RESORT EXPANSION. The Moorings on July extent of its commitment to governance reform. The 17 announced construction has begun on a US$10 Ministry says the grant will target improvement of million project which will significantly enhance to social infrastructure in rural areas, improvement of its flagship base in Road Town, Tortola. The the efficiency and competitiveness of rural Moorings village will be located on the southern industries and the diversification of rural end of the current property. The new docks and jetty enterprises. will allow for additional dockage of 120 yachts and provide easier access for the new monohulls and ROAD UPGRADE. A Caribbean Development expanding fleet of catamarans, said Moorings Bank loan is for the Third Road (33.4 km. Placencia President Lex Raas. Construction is expected to be Rd. Upgrading) Project. Contractors are invited to completed during first quarter 2008. OBM Intl prequalify by Sept. 27, 2007. Details: Project designed the improvements; local contractors are in Execution Unit. Ministry of Works. Power Lane. charge of construction. Details: The Moorings. 1- Belmopan. Cayo District, Belize. Tel: (501) 822- 800-368-9991. Web: www.moorings.com. Also: 1- 0562. Fax: (501) 822-0563. E-mail: 800-521-1126. Web: www.moorings.com/ firstname.lastname@example.org. Procurement Officer. Project yachtownership. asp. Services Division. Caribbean Development Bank. PO Box 408, Wildey. St. Michael, Barbados, BB NEW SEAPLANE SERVICE TO VIRGIN 11000. Tel: (1-246) 431-1600. Fax: (1-246) 426- GORDA. With the inauguration of a new seaplane 7269. E-mail: email@example.com service to Virgin Gorda a week earlier, the BVI expects to see an increase in visitor arrivals to the territory, reports The Virgin Islands Daily News Caribbean UPDATE September 2007 8 (July 23, 2007). Chief Minister & Minister of Tourism Orlando Smith and other dignitaries were NEWSPAPER SALE. Hollinger Inc., the taken on an aerial tour of Virgin Gorda, after a company Conrad Black used to run his newspaper ceremony to mark the inaugural flight of Seaborne empire, said its subsidiary, Holcay Holdings Ltd Airlines to the island and the expansion of the entered into a repurchase agreement to sell its Captain Owen G. Harrigan Visitor Center in Gun 39.99% interest in the outstanding shares of Creek, North Sound. There are about five major Cayman Free Press Ltd, reports Bloomberg (Aug. hotels in the North Sound area, and the introduction 13, 2007). CFP owns and operated The Caymanian of this seaplane service will make transportation Compass newspaper. Black, 62, was convicted in into the island easier. July of mail fraud and obstruction of justice. He remains free on bail until his Nov. 30 sentencing. CAYMAN ISLANDS The committee investigating alleged financial wrongdoing by Black was reportedly unable to BAN ON UK ANIMALS, ANIMAL account for past dividend payments from Cayman PRODUCTS. The Cayman Islands Dept of Free Press of some US$1.5 million. Agriculture (DoA), in a response to an outbreak of Foot and Mouth Disease (FMD) in cattle in the SUIT OVER HEDGE FUND COLLAPSE. A United Kingdom, has instituted a ban on imports of limited partner in a failed Cayman Islands hedge animals and animal products from the UK with the fund run by Bear Stearns says the investment bank exception of poultry meat, said Minister of took only meager steps to prevent the fund's recent Agriculture Kurt Tibbetts, reports Caribbean Net collapse, reports Reuters (Aug. 11, 2007). New News (Aug. 6, 2007). York-based investment firm Navigator Capital Partners LP made the accusation in New York state CAMANA BAY SELECTS NORTEL. Supreme Court in Manhattan. Navigator, run by Residents and businesses in Camana Bay, the new Steven Resnick, invested more than US$700,000 in real estate development here, will soon benefit from the hedge fund between Aug. 2004 and mid-April high-speed, high-bandwidth communications 2005. The firm and other investors lost nearly the services, with a converged IP voice and data entire value of their investments. Bear Stearns Asset network from Nortel, it was reported Aug. 13. Dart Management, the hedge fund's general partner, Realty, developer of the 500-acre master-planned made more than $13.3 million in 2006 from community, chose Nortel to provide IP telephony, advisory fees and profit-sharing before the fund's unified communications, audio conferencing, demise, according to the lawsuit. Bear said two of contact centers and other multimedia services such its structured finance funds, the Bear Stearns High- as webcasting. Details: Nortel. Sarah Aldana. +954 Grade Structured Credit Strategies Fund and the 851-8217. Email: firstname.lastname@example.org. Web: High-Grade Structured Credit Strategies Enhanced www.nortel.com . Publicom. Luciana Santos Silva. Leverage Fund, made bad investments in bonds +5511 3531-4988. Email: linked to subprime mortgages, an area where email@example.com . Dart Realty. Susanna defaults have surged, and faced margin calls from Blackburn. +345 814-3669. Email: banks and redemption requests from investors. firstname.lastname@example.org COSTA RICA FINANCIAL DEAL. Flagstone Reinsurance Holdings Ltd on Aug. 1 said it took a majority DEADLINE EXTENDED FOR FREE ZONE position in Island Heritage Holdings Ltd., domiciled INCENTIVES. Costa Rica's free zones were here, which specializes in insurance and insurance granted another six years of breathing room after services in the Caribbean. Butterfield Bank and Ace the World Trade Organization (WTO) extended the Insurance will remain major shareholders, said deadline on which Costa Rica and other developing Mark Byrne, Chairman of Flagstone. Details: countries must stop subsidizing manufacturing HamiltonBrenton Slade, 441-278-4303 or Island exports with tax incentives, reports The Tico Times Heritage Holdings Ltd., Cayman Islands. Nigel (Aug. 3, 2007): Twohey, 345-814-7303 Caribbean UPDATE September 2007 9 Free zone exports last year were about US$4.31 “It's a decision about social responsibility, not billion, more than half of all Costa Rica's exports. just business,‖ said Karla Salazar, manager of Costa Rica now has until 2015 to change its Free- Grupo Marta, which owns two Best Western hotels Zone Law, which gives tax breaks to companies that have banned ―prostitution-related activities‖. that export most of their production, said Timothy The policy involves training employees, posting Scott, director of the Costa Rican Assn of Free- ―No to Prostitution‖ signs around the hotel and Zone Businesses (AZOFRAS); denying entry to suspected prostitutes and their clients. Companies like Grupo Marta say they lose Under the current law, foreign businesses that tens of thousands of dollars a year by denying entry meet investment and export requirements can be to those it suspects might engage in prostitution, exempt from paying corporate income taxes for and are also drawing fire from critics who question eight to 12 years, and exempt from 50% of taxes for the legality of a policy that bans prostitution since four to six years thereafter. the act is legal here. Along with other value-added tourism niches that have seen a surge thanks to *** Costa Rica's US$1.7-billion-a-year tourism LAND REGISTRY PROGRAM. An Inter- industry, sex tourism is enjoying a growth spurt; American Development Bank loan is for a Land Registry Program. Part of the funds are for land Up to 10% of tourists who come here reportedly markings in 900 kms of a specified zone engage in sex tourism. There are some 40 Web (Ejecucion del Amojonamiente en las Zonas Abre). sites, about 50 establishments and as many as Consultants will be required. Deadline: Sept. 27, 10,000 sex workers here, many of whom are 2007. Refer to: Licitación Pública Internacional immigrants and many catering to tourists, according UE-05-2007 . Details: Sr. Marcelo Solís Duncan. Jacobo Schifter, a professor emeritus of the Unidad Ejecutora Programa Nº 1284/OC-CR. Tel: National University in Heredia, whose book (506) 253-6212/8411/7240/7209. Fax: (506) 234- “Mongers in Heaven,” profiles the sex-tourism 6996. E-mail: email@example.com industry here; JUSTICE ADMIN. MODERNIZATION. An Marvin Carvajal, professor of constitutional law Inter-American Development Bank loan is for at the Univ. of Costa Rica (UCR), said hotels have Modernization of the Justice Administration (No. the right to decide what activities take place inside BID 1377/OC-CR). Part of the funds are to procure their establishments. They can ban activities such as equipment and other goods to strengthen the LAN smoking, drinking or large events that could harm network. Deadline: Sept. 4, 2007. Refer to: No. their infrastructure. But some prostitutes have 2007LI-000120-01; Llamado No. 1 . Details: figured out ways to get past security at hotels. The Contact: Unidad Ejecutora Programa Best Western Irazú, which has a casino and bar that Modernización Poder Judicial - BID. Edif Defensa were once popular spots for prostitutes meeting Pública. Sita 250 metros este Caja Costarricense de clients, has reportedly taken about US$45,000 a Seguro Social. Ave.2da San José, Costa Rica.. Tel: year in losses since banning prostitution (many (506) 211-9832. Fax: (506) 256-5668. E-mail: hotels boost profits by charging sex tourists double firstname.lastname@example.org . Web: www.poder- for extra company). judicial. go.cr/bid CUBA *** OPPOSITION TO SEX TOURISM. A small MORE CUBANS LEAVING BY SEA AGAIN. but growing number of businesses are opposing After a lull following Fidel Castro's illness last year, Costa Rica's booming sex tourism industry, but Cubans once again are taking to homemade boats or some find that implementing a controversial ban on powerful speedboats manned by smugglers on a trip prostitution comes with a cost, reports The Tico to the US that often includes a detour through Times (July 27, 2007): Mexico, reports Reuters (July 31, 2007): Caribbean UPDATE September 2007 10 Since May, the US Coast Guard has been border rather than coming ashore from a boat. This intercepting more boat people in craft crossing the fiscal year up to July 26, 9,296 Cubans have entered Straits of Florida. The US Border Patrol also has the US via land, vs. 8,677 for all of fiscal 2006 and been processing rising numbers turning up at the US 7,281 the previous year, said Jennifer Connors, a frontier with Mexico. Customs & Border Protection spokeswoman. Cubans coming across the 90-mile (145 km) gap The body of a Cuban-American who was under with Florida try to make it in anything that floats investigation in a migrant smuggling case was and has a motor -- from a hijacked fishing boat to found riddled with bullets along a road outside an array of inner tubes tied together with a weed Mexico‘s Caribbean resort of Cancun, reports AP whacker for propeller. For those with a relative in (July 31, 2007). Luis Lazaro Lara Morejon was Miami able to pay the US$8,000 fare, there are found handcuffed and blindfolded with duct tape. illegal "cigarette" boats that jet in and out of the He had been shot at least 10 times, said Didier Cuban coast in broad daylight. These cost upward Vazquez, the director of the judicial police in of US$150,000 and are built for eight to 10 Quintana Roo. Earlier, Mexican authorities outside passengers but often speed away jam-packed with Cancun arrested eight people -- six of whom were 30 to 40 people. They are twice as fast as Cuba's Cuban-Americans or Cubans with U.S. residency -- Russian-built patrol boats and give the US Coast on suspicion of smuggling migrants. Guard a run for their money, too; *** So far this fiscal year, 2,819 Cubans have made US AGENCY ISSUES REPORT ON CUBA it ashore in Florida, vs. 3,076 in all of last year, said TRADE. America's trade with could double if US US Customs & Border Protection spokesman financing rules on direct agricultural sales were Zachary Mann. The number of Cubans intercepted lifted, the US International Trade Commission said, in the Florida Straits are still below -- but likely to reports AP (July 21, 2007). ."All agricultural exceed -- last year's 2,810, says the US Coast commodity sectors would likely benefit from the Guard. That was the highest number since the 1994 lifting of the financing restriction,'' said the 180- exodus when the Coast Guard picked up more than page report:: 35,000 people floating off Cuba in all kinds of rafts when Castro opened the doors briefly. To avoid Under an exception to the 45-year-old US another rafting crisis, the US started sending back embargo on Cuba, American producers can sell Cubans intercepted at sea. Under the "wet-foot, dry- food and farm products on a cash basis. A separate foot" policy, only those who make it ashore get to exception allows sales of US medicines and medical stay in the US; supplies to the island. But US farm producers complain the transactions were slowed beginning in To avoid interception by the US Coast Guard 2005 by new US rules requiring them to receive and forced repatriation, most boat people leave payment from Havana before shipping their goods; through the Gulf of Mexico on speedboats that ferry them 140 miles (210 km) to Mexico's Yucatan The report was requested by the Senate Finance peninsula. Some also go south to the Cayman Committee, chaired by Sen. Max Baucus, D-Mont. Islands, and on to Central America. From there, Baucus has introduced legislation to lift most they make their way north on well-trodden migrant financing restrictions on US agriculture exports and routes to the US-Mexico border. Once there, the eliminate limits on travel. "Barring agricultural Cubans are home and dry. Unlike illegal migrants producers from the largest market in the Caribbean from other countries, Cubans can present is hurting American interests,'' Baucus said. It's themselves at land entry points and are clearly time for Congress to curb the overzealous automatically paroled into the US as political trade embargo on Cuba.'' Baucus said his bill could refugees; increase US agriculture exports to Cuba by over US$300 million; US officials say 89% of the Cubans emigrating illegally from Cuba to the US are entering by land Caribbean UPDATE September 2007 11 The report also found that if travel restrictions mosquitos, Cuba's foreign ministry said, reports were lifted, the number of US visitors to the island AFP (July 16, 2007): would jump from 171,000 in 2005 to as many as 1 million annually. That would also likely increase Cuban scientists developed and patented demand in Cuba for US farm goods, the ITC said. Bactivec, a biolarvicide which kills larvae of the The commission's report was welcomed by the USA Aedes aegypti mosquito, the dengue vector. China Rice Federation, which supports legislation to lift will reportedly defray the cost of building the US trade and travel restrictions on Cuba; factory in China, and Cuban Labiofam scientists will provide technology and know-how to build it. Havana says it has spent more than US$2.2 Cuba will purchase 6 million units annually of the billion (euro1.6 billion) on US farm products and insecticide, and China will donate another half related costs since 2001, when it began taking million to Cuba, the statement said; advantage of the law allowing the deals. This year, it expects to match the $570 million it spent on US Cuba suffered four dengue outbreaks during food and agricultural goods in 2006. 1977-2002. In the most recent outbreak 14,524 cases were reported between June 2001 and March *** 2002, including 81 cases of dengue haemorrhagic RUSSIA DELIVERS AIRCRAFT. Russia fever, three of which were fatal. Dengue fever is delivered the first of three Tupolev jet planes, found in the tropics throughout the world; the reports the Communist Party newspaper Granma World Health Organization estimates there could be (Aug. 6, 2007). The cargo TU-204 arrived in some 50 million cases each year, and 500,000 cases Havana and two passenger jets will be delivered of more dangerous dengue haemorrhagic fever; before the year end as Cuba upgrades its aging Soviet-era fleet. Last year, Cuba received three The Aedes aegypti mosquito causes 200,000 Ilyushin IL-96-300s passenger jets used on routes to cases of yellow fever a year, resulting in 30,000 Europe and Latin America by Cubana de Aviacion. deaths, 95% of them in Africa. Cuba, the only The deal was financed by Ilyushin Finance Co. country that produces Bactivec, struck a similar deal Cuba last year agreed to buy US$100 million a year in 2000 with Amazonas state in Brazil, which in aircraft from Russia over the next seven years, produces and sells the biolarvicide to other including short-haul regional Antonov AN-148 countries. planes. Cuba is barred from purchasing Boeing aircraft or European Airbus planes because more *** than 10% of components are US made. INT'L BANKS SHUN CUBA. Heightened scrutiny of banking transactions since the Sept. 11 BUSH WAIVES CUBA LAWSUITS. President attacks has led European and Canadian banks to George W. Bush extended for 6 months a measure curtail dealings with Cuba, reports Reuters (July 20, banning lawsuits by Americans whose property here 2007). Cuba ceased exporting armed revolution to was taken by Fidel Castro's government, reports Latin America two decades ago, but Washington AFP (July 18, 2007). Bush said his action "is still lists Communist Cuba as a "rogue" state that necessary to the national interests of the US and sponsors terrorism, along with Iran, Syria, Sudan will expedite a transition to democracy in Cuba." and North Korea: Under a 1996 law, Americans may sue any individual, investor or business using property The USA Patriot Act allows US authorities to seized on or after Jan. 1, 1959, though it also gives confiscate assets and penalize institutions that fail to US presidents the power to block all such lawsuits report money laundering and terrorist financing. for six-month periods. Western businessmen in here are having nightmares moving funds in dollars to and from Cuba because CHINA TO MAKE DENGUE MOSQUITO refuse their business. HSBC, Barclays, Credit KILLER. China will mass-produce a Cuban Suisse, Royal Bank of Canada and the Bank of pesticide effective against dengue-carrying Nova Scotia, also known as Scotiabank, closed Caribbean UPDATE September 2007 12 accounts of Cuban companies or reduced business Arthur, in a meeting with his Canadian counterpart tied to Cuba since last year; Stephen Harper, reports ACN (July 21,2007). The vision of the world towards Cuba has to be based on The Havana-based owner of King City principles of "respect for the people's sovereignty, Equipment Inc. of King City, Ontario imports and non-interference, and the nations' right to vehicles and equipment from Canada, but is turning pursue alternative paths to their development," said to China for business due to increased hurdles Arthur. Referring to the US policy towards Cuba, placed by Canadian authorities who are bending to Arthur, who is also the Chairman of the Caribbean pressure from the US. ING Groep NV , which set Community (CARICOM), insisted that Cuba should up business in Cuba in 1994, said it will close its be involved in all regional affairs. Havana office. Scotiabank last year ended dollar transactions by the Cuban embassy in Jamaica. In DOMINICA its report filed with the US Securities and Exchange Commission in March, Credit Suisse said it will end POVERTY REDUCTION INITIATIVE. The all dealings with corporate clients and most private European Union is providing US$15.5 over three banking clients in the five countries under US years for the Dominica Social Investment Fund, an sanctions; initiative to reduce poverty and social vulnerability here, reports Caribbean Net News (Aug. 9, 2007). Shunned by Swiss banks, Cuba has had trouble The decision by government to establish the Fund funding its UN mission in Geneva. In June, Cuba came out of the findings of the Country Poverty complained that UBS and Panama-based Banistmo, Assessment of 2003, the consultancy conducted in owned by HSBC, had refused to process the 2001 by Whitco on the socio-economic impact payment of its annual membership fee in the Latin assessment of the changes in the banana industry on American parliament. The bank squeeze is rural livelihoods and other consultative assessments obstructing Cuba's financial operations more than on the delivery of social safety nets in Dominica. the US trade embargo enforced since 1962, which was amended in 2000 to allow US companies to sell Issa Trading Ltd seeks suppliers from the US food to Cuba. "It doesn't make life impossible, but it for: 1. Non-frozen food, grocery products and has become harder to find a bank that is willing to related items for the supermarket. 2. 220V-50HZ open an account," said a European businessman in Refridgerators, Television 14" up to 35". 3. Gas Havana who asked not to be named. Nine out of 10 Stoves 20" up to 36". 4. Cosmetics including international banks refuse to open accounts for Shampoo, Body lotions etc. 5. Green Houses Cuban nationals or companies operating in Cuba, he Details: Mr. Foued Issa. Issa Trading Ltd. P.O. Box said. 1303. 74 Independence St, Roseau, Dominica. Tel: *** 767-449-3636. Fax: 767-449-9555. E-mail: VENEZUELA BEGINS OIL SEARCH. email@example.com Petroleos de Venezuela SA, a state-run oil company, will search for light oil off the coast of Manufacturers or Suppliers of Carts and Cuba along with Cuban company CUPET, reports Bycicles for Ice Cream delivery are sought by a Bloomberg (Aug. 1, 2007). The effort will company here. Details: Nicholas Ducreay. N.A.N. encompass 6 blocks covering 10,000 sq kms (3,861 Ducreay. 90 Independence St. P.O. Box 136, sq miles) and involves 4,400 sq kms of deepwater Roseau, Dominica. Tel: 1-767-448-4223. Fax: 1- seismic mapping. The move deepens energy 767-448-1111 cooperation between two countries that have found common cause in asserting their independence from DOMINICAN REPUBLIC US foreign policy. IMF READY TO SIGN NEW ACCORD. The International Monetary Fund says it is ready to enter CUBA DESERVES RESPECT, SAYS into a new Stand-by arrangement with the DR BARBADOS PM. Cuba should be respected and government, reports Listin Diario (July 30, 2007). left to follow its own path without foreign The current agreement ends in Jan. 2008, said IMF interference, said Barbados Prime Minister Owen country representative the DR Erik Offerdahl. With Caribbean UPDATE September 2007 13 the sole exception of the failure to collect on Spain were the principal sources. DFI from Spain electricity bills, the government has exceeded the decreased a bit, while Canada's increased. Robert goals set by the IMF in the current Stand By said increased investments were the result of Arrangement. Details: www. bancentral.gov.do legislative reforms, policies to attract investments and the simplification of paperwork. FTA WITH MEXICO? Mexican Diplomat Francisco Hernandez said that a Free Trade PLASTIC REIGNS. Plastic is quickly replacing Agreement between the DR and Mexico is cash and checks in the DR. There are an estimated imminent, reports DR1 Daily News (July 31, 2007). 1,100,000 credit card users, up from 906,686 in He says that in order to facilitate the process, the 2005 and 723,228 in 2004, reports Listin Diario Mexican Embassy is simplifying the procedure for (Aug. 13, 2007). Credit card users pay banks Dominican business representatives to secure visas RD$400 for standard cards, to RD$800 for the gold for travel to Mexico. card and RD$1,200 for the platinum. *** CYBERNETIC PARK. Taiwan completed its WTO AGREES TO EXTENSION. The World promised investment of US$10 million for 2007 in Trade Organization (WTO) has extended the the Santo Domingo Cybernetic Park, reports incentives that the DR grants to free trade zones for Caribbean Net News (July 25, 2007). This comes on 8 more years, reports Hoy (July 19, 2007): the heels of visits by Taiwan‘s VP Anette Lui to the DR this year to support developing the Park and The exemptions and incentives were due to other business ventures, which would also benefit expire in Dec. 2009, but DR authorities and those Taiwan in an effort to enter the US markets via the from other affected countries lobbied and succeeded DR. The government is offering generous in extending the program through 2015. Luisa incentives to foreign businesses that wish to invest Fernandez, head of the National Free Trade Zone in high tech industries, especially those that located Council, said that four multi-national businesses in the Cybernetic Park. Taiwan is becoming very have already contacted the council about potentially active in the Caribbean and Latin America doing business in the DR. following the recent visits by China to the region, which is also very interested in establishing The incentives program is a welcome business ties with as many countries as possible. development in light of tough competition from Costa Rica, in particular, has recently shifted its China, especially in the textile market, which has allegiance to China away from Taiwan. led to 60,000 job losses. In the first quarter of the year, free trade sector exports fell by 12.2% vs. a HOT SPRINGS RESORT APPLICATION. 3.1% decrease in 2006. Exports decreased by 8.6% Tourist minister Felix Jiminez says an Italian between Jan-March after only falling 1.8% last company has signed a 99-year lease to build a year. The incentives include exemptions on income health and hot springs resort in the southwest tax, construction taxes and import duties of raw Barahona province, reports Caribbean Net News materials and machinery. Details: (Aug. 14, 2007). The ecological designated area www.wto.org/english/ news_e/ news07_e/ boasts hot springs and certain mineral springs that scm_july07_e.htm some claim to have beneficial healing properties. The Italian company says it is prepared to invest *** more than US$800,000 in state fees and to purchase FOREIGN INVESTMENT CLIMBS. Direct the land required for a large 5-star hotel, golf course foreign investment (DFI) for fiscal 2006 rose by and tennis courts, all constructed around the 16% to US$1.18 billion from 2005, said Maryse available hot spring thermal pools. The groundwork Robert, chief of the Trade Section at the is now set to be presented to the Dominican Organization of the American States, reports El Congress for approval to continue. Caribe (July 18, 2007). Tourism and telecommunications received the largest part of this CODETEL TO INVEST US$250 MILLION. investment. The US, the Netherlands, Canada and In 2007 the Dominican Telephone Co. (CODETEL) Caribbean UPDATE September 2007 14 will invest US$250 million in infrastructure, network improvement and services, reports DR1 The report referred to insecurity at Puerto Plata Daily News (July 27, 2007). CODETEL president Intl Airport where electronic gear and money seen Oscar Pena Chacon says this is the largest telecom on the X-ray machines, were stolen either upon investment in recent years. CODETEL plans to entering or leaving the country. Women are advised introduce new GSM phones, and faster Internet about robbery, sexual assaults and rapes. The services. famous "motoconchos" were singled out as dangerous. The report says "public transport is not US$500 MILLION IN MORTGAGE recommended," and adds that driving is not FINANCING. MortgageIT, Inc., a subsidiary of recommended due to the risk of extortion by police Deutsche Bank, on Aug. 11 said it agreed to make or people claiming to be police; available US$500 million in residential mortgage financing to qualified purchasers of properties in Malaria and dengue are found along the Haitian Cap Cana, a luxury real estate & tourism destination border and in the eastern provinces of La Altagracia on the eastern shore of the DR. Details: Deutsche and La Romana, and the report recommends the use Bank. Michele Allison,212-250-4864. Press of insect repellents. The US and Spain have long &Media Relations or Cap Cana. Saraida De issued similar advisories. Three million tourists Marchena Kaluche,809-472-2525 Ext.2238. Web: visited last year. Details: www.voyage.gc.ca/ www.db.com and www.capcana.com dest/report-en.asp?country=77000 *** *** GOLD MINE NEEDS POWER SUPPLY. The NEW DAM CONSTRUCTION UNDERWAY. latest casualty of the DR‘s inability to provide President Leonel Fernandez visited the San Jose De electric power is the Pueblo Viejo Gold Mine in Las Matas area in the central mountains to Puebo Viejo, reports Caribbean Net News (July 24, inaugurate construction of a new dam, the Las 2007): Placetas Hydroelectric Project, reports Caribbean Net News (July 18, 2007). To be built by a The mine, owned by Canada-based Barrick Brazilian firm, it is expected to produce over 80 International, is expected to produce more than 18 megawatts of power. million ounces of gold during its lifespan. But operations require a 24-hour supply of electricity. PLAYA BUYS LA ROMANA HOTEL. Playa Barrick will spend an estimated US$2 billion to Hotels & Resorts, formed in 2006 by Grupo Barcelo build the mine over a three year period, and will in Palma de Mallorca, Spain, on July 26 announced have to consider providing its own power source. its acquisition of the 756-room all- inclusive Government and company executives are striving to Sunscape Casa del Mar Resort in La Romana. In find common ground to solve the problem. 2006, Playa purchased the Breezes Punta Cana Barrick is completing feasibility studies for the Resort, Spa and Casino, which has been re-branded mine, a project with a budget of US$2.3 billion, as the Barcelo Premium Punta Cana Resort and is reports Diario Libre (July 20, 2007). In addition to undergoing major renovation. Playa owns 8 hotels gold, the company has reportedly identified 2.6 in Mexico and the Caribbean., said CEO Bruce billion pounds of zinc, 358 million pounds of Wardinski. Details: 1-866-786-7227. Web: copper and 88 million ounces of silver. The mine at www.sunscapecasadelmar.com and www. Pueblo Viejo is the oldest in the Americas and was playahr.com . first opened by the Spanish colonizers in 1505. GOLF RESORT DEAL. La Estancia Golf *** Resort on Aug. 7 said it signed an agreement with CANADA WARNS TRAVELERS. Canada has Southworth Golf Mgmt (SGM) to manage and issued a travel warning for citizens who plan to visit operate the new facility and rental properties. La to the DR, citing the increase in crime and concerns Estancia sits atop a gorge of the Chavon River over public transportation, reports Listin Diario valley. Its residential community, designed around a (July 18, 2007: P.B. Dye Championship golf course, features single Caribbean UPDATE September 2007 15 family villas and home sites, golf cottages, town remittances to the DR, because some of the cash houses, and condo apartments, said Armando may be part of schemes to launder drug money, Cignarale, Pres. of Baltimore-based Cignal Corp. reports Hoy (July 16, 2007). Reliable sources say the developer. Details: investigations deepened after DR customs officials www.laestanciagolfresort.com and www stopped Diana Marte Jerez who was carrying .cignalcorp.com. US$738,000 hidden away in packages of rice and other products. The DEA is tracking large sums of MANGO EXPORTS. Several small businesses money from the US to Puerto Rico that are then joined forces to export mangoes, reports Listin shipped to the DR. People carrying the money are Diario (July 16, 2007). The Mango Cluster has sold paid between US$10,000 and US$15,000 per trip. 10 container loads to Europe over the last month, The DEA is looking at some unnamed remittance contracting the packing services of the Ocoa Agro- companies. Industrial Co. b , which normally packages avocados for export. Sources say the group is RECYCLING PLANTS. A RD$30 million packaging 15-20,000 mangos a day, but they are far investment has brought two recycling plants to the below their maximum capacity of 50,000 per day, Rafey Refuse Dump outside Santiago, reports DR1 mainly due to the poor quality of roads in the region Daily News (July 30, 2007). One plant, installed by that prevented the harvest from reaching the a Chinese company 10 months ago, processes up to packing plant in perfect condition. During the 20 tons of plastic daily and has sold RD$20 million current harvest, the group plans to ship 20 so far. Another, installed by Colombia‘s Forem's, containers to Europe. can pack up to 13 tons of recycled material daily. More than 50 people work in both companies. The EARLY CHILDHOOD EDUCATION. A material is sold to the US, Canada and Hong Kong World Bank loan is for an Early Childhood and to a facility in Manoguayabo, Santo Domingo. Education Project (No. 7144-DO; Proyecto No. Each exported ton is worth about US$50 and each P054937 ). Part of the funds are for civil works ton sold in the country is worth about RD$1,000. (construction and rehab of school facilities). Forem's exports up to 100 tons weekly and both Deadline: Sept. 13, 2007. Refer to LPI-01-2007. plants thus far have exported recycled materials Details: Secretaria de Estado Educación. Oficina worth US$500,000. Due to the interest in recycled Cooperación Intl. Depto Licitaciones y plastics, the number of informal "divers" earning a Adquisiciones. Proyecto Educación Inicial. living at the garbage site has increased significantly. Préstamo BIRF 7144-DO. Ave. Máximo Gómez esq. Before the recyclers were installed, there were 150 Ave. Bolívar,Piso #1,Gazcue. Sto Domingo, Repúb. searchers, but now there are at least 400. Dominicana. Tel: (809) 685-3615. Fax: (809) 685- 3790. E-mail: firstname.lastname@example.org; email@example.com; GPS ADVERTISING. ProLink Solutions, a anunez@ see. gov.do subsidiary of ProLink Holdings Corp. and a provider of Global Positioning Satellite ("GPS") HAND OPERATED INPUT DEVICES. A golf-course management systems and digital out-of- US$5.5 million Inter-American Development Bank home on-course advertising, on July 25 said it has loan (1511/OC-DR) is for Strengthening Foreign partnered with Inverlogy to distribute the ProLink Trade Management. Part of the funds are for system and sell advertising on ProLink screens on purchase of digital multifunction processing system golf carts at courses and resorts throughout the DR for the Investment & Export Promotion Center which cater to high-end golfers that are the perfect (CEI-RD). Deadline: Sept. 4, 2007. Refer to: demographic for ProLink's advertisers, said Roberto Public Bid LPN 003-2007 Details: Project Rodriguez, CEO of Inverlogy. Details: Rich Katz. Management Team 1511. Phone: 809-987-7069. Buffalo Communications, 703.891.3319. Email: Fax: 809-533-3564. WebSite: www.cnnc.gov.do rkatz@ billycaspergolf.com. Daniel Mitchell Buffalo Communications. 253.312.4536. Email: DEA LOOKING AT $$$ REMITTANCES. firstname.lastname@example.org. Investor Relations The US Drug Enforcement Agency (DEA) is Contact:CEOcast, Inc. Andrew Hellman. looking at individuals and companies that send 212.732.4300. Email: email@example.com. Caribbean UPDATE September 2007 16 BPC Financial Marketing. John Baldissera. material used in the manufacturing of injections. 800.368.1217. Web: www.goprolink.com. Email: The company now imports from Mexico but would firstname.lastname@example.org. like to benefit from the Free Trade Agreement between Central American and the US (CAFTA) STOMACH VIRUS OUTBREAK. AXA and import the product from the US. HTC Assistance USA said Aug. 9 it is caring for more 3001.20.00.02. US exporter must provide a than 73 UK tourists who fell ill due to a stomach phytosanitary certificate, and the certificate of virus outbreak at the Bahia Principe Puerto Plata origin. Laboratorios VIJOSA has 35 years of Resort. More than 300 were affected and more than experience in the Salvadoran market, and its main 40 were hospitalized. The 4-star resort, holding business is the manufacturing of injections and more than 2,000 guests, was shut down on Aug. 6. syrup. Quantity: 500 liters per year. Details: Karla Details: www.axa-assistance-usa.com Campos. Import Manager. Phone: (503) 2278- 3077. Fax: (503) 2278-3121. Email: FOOD PROCESSING EQUIPMENT email@example.com. Web: www.vijosa.com MARKET. A US Dept. of Commerce report provides an overview of the market for food FRENCH WEST INDIES processing equipment here. Several factors contribute to the positive outlook of this sub-sector: TWO TINY ISLANDS BREAK AWAY. Two macro-economic stability, the implementation of tiny French islands broke away from Guadeloupe, DR-CAFTA free trade agreement, and stability of gaining partial financial and political autonomy, the exchange rate. There are opportunities for US reports AP (July 15, 2007). St. Barts and St. Martin firms interested in expanding their presence in this can now create or change laws related to local taxes, market. Details: Maria Elena Portorreal, U.S. tourism, public transportation and other issues, Embassy. Ave. Pedro Henriquez Urena no. 133, according to the French government. St. Barts, a Santo Domingo, DR. 809-227-2121. 809-920-0267. popular retreat for the rich and famous, also gained Email: maria. firstname.lastname@example.org. web: jurisdiction over housing, construction and buyUSA.gov/caribbean environmental and energy affairs, areas over which St. Martin will have autonomy in 2012. About DR-ANDALUSIA AGREEMENT. The DR and 35,000 people live on St. Martin and about 7,000 on the Andalusia Council have signed a cooperation St. Barts. Both are still considered French agreement focusing on education, health, drinking territories but are no longer dependencies of water and strengthening municipal government, Guadeloupe, an overseas French department. reports DR1 Daily News (July 26, 2007). The Residents in both islands overwhelmingly approved agreement with the Spanish regional government the new status in a 2003 referendum. includes construction of dams, rural development and the promotion of equal opportunities between GRENADA men and women. The four-year agreement has a budget of between EUR16 million and EUR20 ECO-TOURISM PROJECT. The Grenada million. Board of Tourism on Aug. 8 announced the 360- acre Levera Bay Project on the northern tip of the All kinds of footwear are sought by Distribuidora island that is teeming with wildlife and lush Coral, an importer/distributor, operating since 1997, vegetation. It will be developed into a US$112 and a member of the American Chamber of million eco-tourism project, featuring 250 rooms, Commerce. Details:Miguel L. Moronta, Operations starting starting with a 40-room boutique hotel, a Director. Phone: 809/ 583-4300. Fax: 809/ 583- turtle watching program, horseback riding and 9447. Email: email@example.com nature trails in the Levera National Park. Snorkeling and scuba diving in the coral reef are already very EL SALVADOR popular attractions, said Jocelyn Sylvester-Gairy, Director of Tourism.Details: Sue McGill- Laboratorios VIJOSA, is seeking US providers Kauffman. 973-627-8180 ext. 22. Email: of liquid, dry powder or paste liver extract, raw Caribbean UPDATE September 2007 17 kauffman@ rfcp.com. Web: violence and corruption in its wake. Guatemala www.grenadagrenadines.com offers a key transit point, as traffickers take advantage of the country‘s dire poverty and *** lawlessness. They have already made progress over MANGOES TO CANADA. The Agency for the years, political analysts and law enforcement Reconstruction and Development (ARD), through officials say, by installing sympathetic politicians in its efforts with the Marketing and National Congress and in local city halls; Importing Board (MNIB), on July 14 said that during the first two weeks of July the MNIB made Candidates move around with their own private two shipments averaging 2,000 pounds of mangoes armies, usually in bullet-proof vehicles loaded with per shipment to Canada, using a new passenger and small arsenals. One who feels most vulnerable is freight service from Network Airlines Services Mr. Colom, a businessman who leads the pack in (NAS), operators of Sky Services and Zoom the presidential race. Party affiliates his party have Airlines. Gen. Mgr. Fitzroy James said the mangoes suffered more attacks, 16 of the 61, than any other. were sourced from about 200 farmers; NAS also He is also haunted by the past. His uncle, Manuel plans to provide freight and passenger services Colom Argueta, was a leading presidential from Grenada to other international destinations. candidate in 1979, when he was gunned down; Weekly freight capacity to Canada through this service will average about 6,600 lbs. In promoting Guatemala's Congress voted to create The increased exports of Grenada‘s exotic fruits, the International Commission Against Impunity, to be ARD commissioned a study which recommends comprised of experts who will investigate organized establishment of 2,800 acres of fruit tree orchards, crime and its links with the police and government including mango, avocado, soursop, golden apple, and then issue recommendations, reports AP (Aug. guava, breadfruit and tamarind. 3, 2007). The US, Sweden, Norway and Spain have GUATEMALA offered to help finance the commission, which is expected to start work in November. DRUG GANGS USE VIOLENCE TO SWAY VOTE. In the campaign leading to Sept. 9 *** elections, authorities reported 61 violent attacks on DATA CENTER EQUIPMENT. A World Bank candidates and political activists. The death toll is loan is for Phase II of an Integrated System of 26, including seven national congressmen and Financial Administration and Control (No. 7104- numerous other office seekers, reports The N.Y. GU; Proyecto No. P066175). Part of the funds are Times (Aug. 4, 2007): to procure data center equipment. Deadline: Sept. 17, 2007. Refer to: Licitación Pública Internacional The flurry of bullets, and occasional machete GUA/02/002-431/07. Details: Programa de las attacks, make this the bloodiest campaign in the Naciones Unidas para el Desarrollo - PNUD. history of a country with a long tradition of political Sección de Adquisición de Bienes y Servicios - ABS. violence, including 36 years of civil war that ended Atención: LPI No. GUA/02/002-431/07. Edif Euro in 1996. What makes the bloodletting different is Plaza World Business Ctr. 5ª. Avda 5-55 Zona 14, that it has been attributed to narcotics traffickers Torre IV, Nivel 10. Ciudad Guatemala 01014 intent on infiltrating the political system; Guatemala . Tel: (502) 2384-3238. Fax: (502) 2384-3202. Email: firstname.lastname@example.org Web: www. So dangerous is campaigning that Álvaro pnudguatemala. org. Guatecompras: Colom, the leading presidential candidate, flies in a www.guatecompras.gt NOG 475580. Web: helicopter to avoid ambushes and travels with a http://www.pnud.org.gt/invitacion/gua00012edp.ht physician experienced in bullet wounds. He is m careful what he eats, lest someone poison it; TEXTBOOK PRINTING. A World Bank loan 60 to 90% of South American cocaine enters the is for Universalization of Basic Education (No. US comes through Central America, US officials 7052-GU; Project ID No. P048652 ). Funds will be say, pulling rising levels of political instability, used for printing of several lots of primary and Caribbean UPDATE September 2007 18 multi-grade textbooks (in the many thousands of southern township of Lethem to Guyana's coast. copies). Bid deadline: Sept. 2007. Refer to: BIRF 7052-GU-200-2007; Sección I. Llamado a VEHICLE NEEDED. A grant from the World licitación. Details: Unidad Coordinadora de Bank's International Development Assn is for an Proyectos – Ministerio de Educación. Adquisiciones HIV/AIDS Prevention & Control Project (Contract y Contrataciones. 6ª Calle 1-87 zona 10, Sala No. No. H-079-GUA, Project ID P076722 ). Funds will 22. Ciudad de Guatemala, Guatemala. Tel: (502) be used for supply and delivery of one mobile 2360-3887. Fax: (502) 2361-5000. Correo voluntary counseling and testing vehicles. Deadline: Electrónico: email@example.com. Web: Sept. 11, 2007. Refer to: ICB No. http://www.mineduc.gob.gt WB/GO/07/ICB/001 Invitation for Bids (IFB) . Notice Number: WB3479-708/07 Details: (1) Exec Dir. Attn: Mr. Prakash Sookdeo, Procurement Officer. Health Sector Development GUYANA Unit. Georgetown Public Hospital Compound. East St. Guyana. Tel: (592) 225-3470, 226-2425. Fax: CHICKEN IMPORTS GIVEN OK. The (592) 225-6559. E-mail: firstname.lastname@example.org. (2) government opened the market for imports of Chairman. National Board for Procurement chicken in order to reduce the prices, reports GINA &Tender Admin, (July 20, 2007). Minister of Tourism, Industry & Min. of Finance. Urquhart St. Guyana. Tel: (592) Commerce Manniram Prashad said ―We are looking 223-7041. for about six to seven persons to import chicken into Guyana that will total some 500,000 pounds.‖ ELECTRIFICATION PROGRAM. A loan Consumers have paid up to $260 (US$1.30) per from the Inter-American Development Bank is for pound for plucked chicken due to a shortage, the Unserved Areas Electrification Program (No. resulting from efforts to make making the chicken LO 1103/SF-GY). Part of the funds will pay for industry more economically viable in order to Supply of a Customer Information System and facilitate exports to neighboring Trinidad & Related Services for Guyana Power & Light Co. Tobago. Before the Value Added Tax (VAT) was Deadline: Sept. 18, 2007. Refer to: ICB No. GPL- implemented on Jan. 1 2007, imported chicken DM-005/P2. Details: Mr. Elwyn Marshall. drew 40% duty with 10% consumption tax. This Implementation Mgr . Guyana Power &Light, Inc, was increased by 100% in order to resuscitate the UAEP-PIU. 232 Middle St, Georgetown, Guyana. local industry. Government also recently Tel: 592-225-7923. Fax: 592 225 5638. E-mail: liberalized the flour market, due to a shortage of email@example.com. For online inspection wheat on the international market creating an of Bidding Documents. Web site: www.gplinc.com increase of flour products such as bread. HAITI POSSIBLE JUNGLE ROAD TO BRAZIL. Guyana will get US$900,000 from the Inter- UN PEACEKEEPING ROLE EVOLVING. American Development Bank and US$225,000 Three years after arriving in Haiti in the wake of a from government for a pre-feasability study to revolt that ousted the country's president, U.N. assess the possibility of building a road to link it to peacekeepers have decimated violent gangs, calmed neighboring Brazil through the Amazon jungle, said teeming slums and provided breathing room for a President Bharrat Jagdeo. The proposed road is part fledgling elected government, reports AP (Aug. 1, of the South America Regional Integration drive 2007): aimed at linking the countries to boost trade, tourism and other economic activities. Guyana and UN Secretary-General Ban Ki-moon says it‘s Brazil have already signed a land transport too soon for the UN to consider withdrawing its agreement and are finalizing arrangements ahead of 8,800-strong, Brazil-led peacekeeping force. The next January's completion of a bridge across the peacekeepers arrived in 2004 after a revolt toppled Takatu River that borders the two countries. An former President Jean-Bertrand Aristide, touching earthen trail now takes Guyanese vehicles from the off a turf war against well-armed, slum-based gangs blamed for a wave of killings and kidnappings; Caribbean UPDATE September 2007 19 Blue-helmeted soldiers no longer get shot at or *** need to conduct raids into slums in search of alleged DIGICEL-CAM PARTNERSHIP. Digicel gunmen. Neighbors simply call and tell soldiers Group, the regional telecom provider, on July 16 where gang members are. The UN mission hopes announced a partnership with Caribbean Air Mail, to use more civilian police than soldiers but is Inc. (CAM), a leader in the money transfer market hampered by a shortage of trained, French-speaking to Haiti. This alliance allows Haitian Diaspora officers. The peacekeepers provide more than 80% communities in USA and Canada (2 million people) of Haiti's security needs. Government hopes to to buy handsets and pre-paid minutes for friends, eventually take over that responsibility. The family and associates in Haiti, said Ben Atherton, national police academy is pumping out hundreds of Digicel Group Marketing Director. A recent Inter- recruits, trying to bolster the nation's small police American Development Bank report said global force of 6,000. remittances to Haiti topped US$1.65 billion in 2006. Digicel Haiti says it recorded 1.4 million *** customers in 12 months and to date has invested TELECOM MARKET REPORT. The U.S. US$260 million -- the largest investment ever made Dept. of Commerce has issued an 11-page market in the country by an international company. Digicel report on Haiti's growing Telecommunications Haiti employs 551 Haitian residents, has a staff of Sector. Paid subscribers to Caribbean Update more than 700. Details: Zach Siegel. 212-798-9859. newsletter may receive the report free of charge Email: firstname.lastname@example.org. Web: upon request via Email (unpaid readers may inquire www.digicelgroup.com as to cost). Contact: email@example.com. DRAINAGE PROJECT. An Inter-American *** Development Bank loan is for an Economic PARTIAL LIFT OF MANGO BAN. The Infrastructure Program (No. BID 1493/SF-HA). United States has partially lifted a ban on mango Part of the funds will pay for a Drainage Project at imports from Haiti that was imposed after fruit fly Port-de-Paix (Projet de Drainage Des Eaux larvae was found in three shipments sent to Florida, Pluviales de Port-de-Paix). Deadline: Sept. 10, reports AP (July 15, 2007): 2007. Refer to: No. AOI-CT-TPTC-29. Details: Ministère des travaux publics, transports et US agriculture investigators here inspected and communications. Direction des transports. Palais certified 3 of 9 treatment plants designed to rid des ministères. Rue des Ministères. Port-au-Prince, Haitian mangos of pests, said Ambassador Haïti, W.I Note: the lack of detailed contact Raymond Joseph. Three other treatment facilities information casts doubt on the transparency of the will be inspected and certified soon, while the process. remaining three, the origin of the affected shipments, will be dealt with later, Joseph said. "We HONDURAS wanted to be able to resume shipments as soon as possible because the mango is an important income ENVIRONMENTAL MANAGEMENT. A loan earner for the Haitian economy,'' Joseph said, from the Inter-American Development Bank is for adding that the first crates of the fruit would leave Environmental Management of the La Bahia Islands within a week; (No. 1113/SF-HO). Funds are for equipment (tractor, trucks, excavator, etc) for the landfill at US Animal Plant Health Inspection Service Santo Guardiola Municipality. Deadline: Sept. 3, spokeswoman Melissa O'Dell said the US halted 2007. Refer to: LPI-PMAIB-001-2007. Details: Haitian mango imports after inspectors in Florida Coordinación General. Programa Manejo found fruit fly larvae in three shipments on June 25 Ambiental de las Islas de la Bahía (PMAIB). Inst and July 2. Haiti earns between US$20 million Hondureño de Turismo (IHT). Col. San Carlos, (euro14.5 million) and US$40 million (euro29 Edif. Europa, 4to piso, Tegucigalpa, Honduras. million) per year for mango exports and the US is Tel: (504) 238-1475, 222-1282. Fax: (504) 236- its main customer. 8701, 236-9611. E-mail: Caribbean UPDATE September 2007 20 firstname.lastname@example.org. Web: GRUPO ELEKTRA BANKING www.honducomras. gob. hn. and Instituto OPERATIONS. Grupo Elektra S.A. de C.V. a Hondureño de Turismo. Col. San Carlos, Edificio, banking and financial services company, announced Europa, 5to piso, Tegucigalpa, Honduras. Tel: on July 23 the start of operations of its third banking (504) 238-1475, 222-1282. Fax: (504) 236-8701, subsidiary outside Mexico, in addition to Panama 236-9611 and Guatemala. Banco Azteca Honduras, a subsidiary of Grupo Elektra, saw with the NUTRITION, SOCIAL PROTECTION simultaneous opening of 46 points of sale in the PROJECT. A loan from the World Bank's Intl main cities of Honduras, and headquarters in Dev. Assn is for a Nutrition & Social Protection Tegucigalpa. Elektra operates more than 1,600 Project (No. 4097-HO; Proyecto No. P082242). Part points of sale in Mexico, Guatemala, Honduras, of the funds are for consultants to conduct a Survey Peru, Panama, El Salvador and Argentina and is a of Evualuation of the Impact of AIN-C Health member company of Grupo Salinas . Details: Sector. Deadline to prequalify: Sept. 14, 2007. Dinorah Macias Bruno Rangel. Grupo Elektra S.A. Details: Unidad de Extensión de Cobertura y de C.V. Grupo Salinas. Tel. +52 (55) 1720-7819 Financiamiento (UECF). Oficina de Adquisiciones. Tel. +52 (55) 1720 9167. Fax. +52 (55) 1720-7822 Edif 414 Emma Andino, 2do nivel, Colonia Fax +52 (55) 1720 0831. Email: dmacias Palmira, Ave,. República de Panamá, Paseo @elektra.com.mx and jrangelk@ tvazteca. com.mx. Republica de Argentina. Tegucigalpa, Honduras. Press: Tristan Canales Daniel Mc.Cosh. Grupo Telefax: (504) 239-1014/1018/1016. Email: Salinas. Tel. +52 (55) 1720-1441 Tel. +52 (55) email@example.com 1720-0059. Email: firstname.lastname@example.org and dmccosh@ tvazteca, com mx. Web: www. COMPUTER EQUIPMENT. A loan from the gruposalinas.com. World Bank's Intl Dev. Assn (IDA) is for a Land Admin. Program (No. 3858–HO; Project Id: SPIRIT FLIES TO HONDURAS. Spirit P055991). Part of the funds are for procurement of Airlines on July 20 launched non-stop service computer equipment to renovate the technological between its Ft Lauderdale, Fla. hub three times platform. Deadline: Sept. 17, 2007. Refer to: weekly (Tues, Fri, Sun). Flights from La Mesa Licitación Pública Internacional (LPI/ICB) No. 001- International Airport in Honduras will be offered on 2007. Details: Ing. Roberto Milla Villeda, Mon, Wed, and Sat. Honduras is the third Central Coordinador Nacional. Programa Administración American country served by Spirit Airlines, joining de Tierras de Honduras (PATH),. Col. Florencia Guatemala and Costa Rica. Norte, Edificio Educrédito, Segundo Nivel.. It is the fifth country in Latin America and the 35th Tegucigalpa, Honduras, C.A. Tel: (504) 239-6259, destination overall, said Chief Marketing Officer 231-0426. Fax: (504) -239-7817. E-mail: Barry Biffle..Details: Spirit Airlines, Alison Russell, gcarranza@ path.ucp.hn / email@example.com;. 954-628-4827. Email: firstname.lastname@example.org Web: www. honducompras. gob.hn or Juan Arbelaez, 954-447-7856. Email: email@example.com RURAL DEVELOPMENT. Honduras is seeking US$30 million from the World Bank's Intl Dev. JAMAICA Assn for a project to improve the competitiveness of the rural economy and to raise rural per capita US$20 MILLION ETHANOL PLANT. Prime incomes. Project preparation is underway. Minister Portia Simpson Miller and Brazilian Consulting services to be determined. Details: President Luiz Inacio Lula de Silva spoke at the Secretaria de Agricultura y Ganaderia3er Piso opening of a US$20 million ethanol plant built with Subida a Col. Loma, Linda Norte, Av. la FAO, support from Brazil by Jamaica Broilers Ltd at Port Honduras. Contact: Hector Tablas, Coordinator. Esquivel, reports Caribbean Net News (Aug. 11, Tel: (504) 232-5007. Fax: (504) 232-6225. E-mail: 2007): firstname.lastname@example.org She said Jamaica was far too dependent on imported oil with the country's oil bill for 2006 Caribbean UPDATE September 2007 21 amounting to over US$1.7 billion. The plant JOBS IN CANADA. More than 1,000 (capacity 60 million gallons per year) is the second Jamaicans are to be recruited for jobs in Canada by energy sector investment undertaken by the Jamaica the end of 2008, under the Overseas Employment Broilers Group, the first being the acquisition of a Program, reports JIS (July 14, 2007): Co-Generation facility at its Spring Village processing plant; Minister of Labor & Social Security, Derrick Kellier said that in June discussions with the This marks the second ethanol project recently Canadian Federal Minister of Labor, business launched by Brazilian and Jamaican investors. In leaders and other officials the need was indicated 2004, Grupo Coimex and Petrojam began operating for skilled workers from Jamaica to work in various an ethanol dehydration plant. Silva‘s visit was part industries in the province of British Columbia; of a five-nation tour to develop energy and biofuel agreements in Latin America and the Caribbean. "We are expecting that over the period of a year, we should have upward of 1,000 persons going to *** British Columbia, to work in the hospitality, SMALL BUSINESS INCUBATOR. A window construction and agriculture industries," he said, of opportunity for business development and adding that the agreement will seek to address labor entrepreneurship has been opened with the launch shortages in British Columbia. ―The workforce is of the Incubator and Entrepreneurial Production about to retire (about a million people) and they are Centres project, reports JIS (Aug. 8, 2007). only capable of filling that gap with about 690,000 Minister of Industry, Technology, Energy and persons, so there is a huge gap in terms of filling Commerce Phillip Paulwell said ―An incubator is a their needs right across the sectors," he said. He said supportive environment for entrepreneurship with a 150 skilled construction workers have already been small management team that provides physical recruited and are expected to leave for British workspace, shared office facilities, counselling, Columbia in the next couple of months; information, training and access to finance and professional services in one affordable package." Jamaicans have, over the years, been recruited to Major beneficiaries will include unemployed work in Ontario, Montreal, Quebec and New females who are heads of households who may not Brunswick on the agricultural program, but this is be accustomed to working; youth with low level the first time workers are being requested for the education, skill and work ethics; street youth; hospitality and construction sectors. "There was persons with some level of physical disability; and also an agreement for a student exchange program; persons in households that are beneficiaries of food Jamaican students would go to the Okanogan stamp as well as sane street people. J$120 million College and students from the college would come will be allocated to pilot the project over a two-year to Jamaica for training," he said. period and will provide support for building refurbishment, machinery and equipment, technical *** assistance and training. Hazardous Waste Disposal. An urgent need has been identified for the disposal of up to 40 tons per CUBAN MEDICS COMING. An agreement year of hazardous material. Waste comes from a was signed for Cuban nurses and doctors to come to consortium of different Jamaican manufacturing the island to stem shortfalls in the health sector, companies. Local company is willing to undertake reports Caribbean Net News (July 27, 2007). Health shipping costs to the US and pay for proper Minister Horace Dalley said these will include disposal. Types of waste could include toxic solids, pharmacists, medical technicians, radiologists, oily absorbents, sludge. High temperature nurses, biomedical engineers, physiotherapists and incinerator disposable recommended. Incinerator others. Cuba will pay their salaries. Jamaica began temperatures 1600 oC. Preference will be given to a accepting Cuban medics in the late 70s. Last year, company in the south (eg. Florida). Details: Peter Dalley said, 70 Jamaicans went to Cuba to study Kolbusch, Consultant. Phone: (876) 925-0952. medicine, with more expected to go this year. Email: email@example.com Caribbean UPDATE September 2007 22 NETHERLANDS ANTILLES ally, President Daniel Ortega. He called himself and Ortega the region's ``anti-imperialist vaccine.'' ARUBA-BONAIRE FLIGHTS. Tourism Corp. Ortega vowed in his campaign to have changed Bonaire on July 24 said that Tiara Air, a privately from his revolutionary days and said he would work owned Aruban Airline, commenced non-stop with the US, but since taking office he has called service between Aruba and Bonaire. Tiara operates President Bush a "world tyrant"' who came to power 6 weekly non-stop roundtrip flights between the two ``through fraud''; Islands, using a Shorts 360 airplane with 33 seats and 215 cubic feet of cargo space. Details: Tel: 1- Venezuela is building new refineries in 800-BONAIRE. Web: www.tiara-air.com. politically aligned countries such as Nicaragua, Cuba and Brazil to ease the country's reliance on the NEW BEST WESTERN ON CURACAO. Best US - its main market. Chavez promised Nicaragua Western Intl on Aug. 1 announced the opening of millions of dollars in financial aid and investment the Blue Bay Village in Blauw Baai, Curacao. The after Ortega's inauguration. Ortega said Venezuela new hotel offers 45 three bedroom villas, an 18-hole has sent generators to curb Nicaragua's rolling golf course and tennis courts, said Mark Williams, blackouts and offered the country US$400 million VP, North American Development. Details: R.S. in aid. ``I haven't seen the US send one single van der Meer, Gen Mgr. 005999 8888800. Email: energy plant during this emergency''; firstname.lastname@example.org .Web: www.bestwestern.com. US ambassador Paul Triveli said Ortega's comments surprised him. He said the US has DIVING SERVICES ACCORD. Sovereign launched a 5-year aid program that has so far given Exploration Associates Intl. on July 31 said that its Nicaragua US$10 million and there are plans to subsidiary, Lavelle Holdings, has assisted in give an additional US$16 million. procurement and signing of a Diving Services Agreement for its subsidiary, REDS Caribbean with *** Statia Terminals N.V., said John Garnsey, President HIGHWAY REHAB. An Inter-American of Lavelle Holdings. Statia, a subsidiary of NuStar Development Bank loan is for Highway Energy, has contracted with REDS to provide divers Rehabilitation (No. 1599/SF-NI). 88.8 kms. and diving supervisors for the inspection, Contractors are invited to bid by Sept. 24, 2007. maintenance and repairs of Statia's offshore Refer to: LPI-003-2007 2da Convoc. Details: terminal assets in the Caribbean including Statia's División de Adquisiciones. Costado Norte del jetty, single-point mooring systems, underwater Estadio Nacional “Dennis Martínez”. Atn: Lic. pipelines, buoys, tugs and barges. Details: Robert Norelly Vargas El’Azar, Directora. Managua, D. Baca, President/CEO. Tel: 215-968-0200. Web: Nicaragua. Tel: (505) 222-2591. Fax: (505) 228- www.sea-int.com. 1382. E-mail: adquisiciones @ mti.gob.ni NICARAGUA ENERGY EFFICIENCY. A non-reimbursable technical cooperation of up to US$726,350 from the VENEZUELA BUILDS REFINERY. Inter-American Development Bank is for Venezuelan President Hugo Chavez inaugurated a Development of Energy Efficiency. No. ATN/JF- 150,000-barrel-a-day refinery being built in 9884-NI. Funds are for general procurement of Nicaragua as part of the leftist leader's oil-funded equipment, and studies, printing and training battle against US influence in the region, reports AP workshops. No deadline specified thus far. Details: (July 22, 2007): Ministerio de Energía y Minas. Dirección General de Electricidad y Recursos Renovables. Lic. Iván Chavez said the US$2.5 billion refinery will Cortes Sánchez . Managua Nicaragua, del portón allow Nicaragua - the second poorest nation in the del Hospital Bautista 1 cuadra abajo 1 1/2 al lago. Western Hemisphere - to earn US$700 million Tel: (505) 222-5576. Fáx: (505) 222-4629. E-mail: annually. Chavez a day earlier celebrated the 28th email@example.com firstname.lastname@example.org anniversary of the Sandinista revolution with his Caribbean UPDATE September 2007 23 PANAMA COPA EXPANDS FLEET. Copa Airlines said July 27 it took delivery of its eighth EMBRAER- WATER, SEWAGE PROJECT FOR POOR 190, bringing its fleet total to 32. Copa is scheduled AREAS. A US$32 million World Bank loan for a to receive five more aircraft later in 2007 -- three Water & Sewage Project for Poor Areas (No. EMBRAER-190's and two Boeing 737-800's, said P082419). There will be general procurement of CEO Pedro Heilbron. Copa services 39 destinations construction, goods, equipment and services in 21 countries through its Hub of the Americas in (including consultants). No deadline specified. Panama City. From the US, service includes Details: Nicolas Alvarado Quintana, Director nonstop flights to Panama City and connections General. Unidad Coordinadora de Proyectos. from five cities: three times daily from Miami, daily Ministerio De Salud. Ancon, Edif. 2-61, 3er Piso. from New York City, Los Angeles and Washington, Antiguo Hospital Gorgas. Ciudad de Panama, D.C., and 10 times a week from Orlando. Details: Panama. Tel/Fax: (507) 236-9849. E-mail: www.copaair.com . email@example.com, firstname.lastname@example.org PUERTO RICO BASIC EDUCATION. A US$5.4 million World PORTAL DEL FUTURO. Antonio J. Colorado, Bank loan is for additional financing to continue Exec. Dir. of the Portal del Futuro Authority, a original project objectives: (i) improving the quality division of the Dept of Economic Development & and efficiency of basic education; (ii) improving Commerce (DEDC), is amid talks with the US Dept equity of access to preschool and basic education; of the Navy to secure additional land from the (iii) expanding coverage of preschool and early Roosevelt Roads sector to develop the proposed childhood education; (iv) strengthening the Portal del Futuro, reports Caribbean Business (July planning, supervision and policy-making capacity 26, 2007): of MEDUCA. No consultants required. Details: Project Coordination Unit. Albrook Edif 869, The move was accelerated by the Navy‘s recent Panama. Dora Berrocal, Project Coordinator. Tel: Wall Street Journal ad where it put on the block the (50-7) 315-1995, 315-1996, 315-1997. Fax: (50-7) 2,900 acres of land it plans to sell. Even if the local 315-1217. E-mail: email@example.com government fails to secure more land, plans for Portal del Futuro will continue to move forward, as SCIENCE MICRO-LABS. A loan from the there is enough land within the sector to develop the Inter-American Development Bank is for an project. Sources say there‘s a great degree of Educational Development Project (PRODE) (No. optimism regarding Colorado‘s negotiations given 1013/OC-PN ). Part of the funds are to acquire his good relations with and support from Natural Science Micro-Laboratories. Deadline: Congressman Charles Rangel of New York, Sept. 20, 2007. Refer to: LPI No. PRODE/REF/LPI chairman of the Ways & Means Committee which, 01-07. Details: Unidad Gestión Administrativa y among other things, oversees funding for the Navy; Financiera (UGAF) del PRODE. Dra. Maritza Villalaz, Directora Ejecutiva de UGAF. Calle Although the amount of land for sale by the Maritza Alabarca . Edificio 1003, Planta Baja, Navy is considerable, Puerto Rico will still retain Clayton. Ciudad de Panamá, Panamá Notice 67% of the area‘s estimated 8,000 acres for a IDB590-708/07. No phone or Email provided. myriad of developments. Among those portions transferred by the federal government to the local HOTEL & RESTAURANT EQUIPMENT. government are the hospital, the airport, the The U.S. Commerce Dept. has prepared a study: bowling alley, beachfront and areas of natural “Market Research on Panama's Hotel & Restaurant resources conservation. The Portal del Futuro and Equipment Market - 2007.” Details: Jeane Zuniga. future Science Park are estimated to need 50 Unit 0945. APO AA. Panama, Panama 34002, cuerdas to develop the science-theme project. Panama. (507) 207-7392. Email: jeane.zuniga @ mail.doc.gov. Web: www.buyusa.gov/panama *** Caribbean UPDATE September 2007 24 US$610 MILLION BANK BUYOUT. Doral *** Financial Corp., the bank-holding company facing GROWTH INDUSTRY: LONG-TERM bankruptcy, said shareholders approved a US$610 CARE. Nearly 70,000 citizens 65 years or older million buyout offer from a group led by Bear need long-term care in Puerto Rico. By the year Stearns Cos. reports Bloomberg (July 19, 2007). 2020, the island‘s senior population will reach 95% of shareholders approved the plan involving 650,000 (16.7% of the total population), according investors including Goldman Sachs Group Inc., to the US Census, reports Caribbean Business (July Doral said. The deal was completed in time for 12, 2007). Doral to make a US$625 million bond payment by July 20. Doral said in April that it may need to The senior population is taxing an already pursue bankruptcy protection if talks with a private- overburdened hospital system. There are 69 equity firm didn't result in a cash infusion of at least hospitals here (54 are private and 15 are US$700 million. Regulators including the US government institutions). A hospital‘s average Federal Reserve, Federal Deposit Insurance Corp. patient mix on the island is 30% Medicare, 30% and agencies in Puerto Rico have approved Bear Health Reform program and 40% other. These Stearns's proposed buyout, Doral said. numbers are expected to more than double by the *** year 2020. At the projected rate of growth of the BONANZA FOR SHOE MANUFACTURERS. island‘s elderly population, the hospital ndustry Three shoe manufacturers were awarded one-year won‘t have enough beds to provide the recurring contracts from the US Dept of Defense (DOD) long-term services some of these patients will need. worth over US$42 million, and one may have landed a 5-year, US$100 million contract, reports The insurance industry is also feeling the Caribbean Business (July 18, 2007): pinch. Industry experts affirm Puerto Ricans are not prepared to face the high cost of long-term care. Altama Footwear, which owns Altama Delta in A person‘s chances of using long-term care Salinas, was awarded over US$20.4 million, Wellco insurance is a whopping 50%. Yet, long-term care Enterprises, which operates Moka Shoe Co. in insurance products are among the least purchased Aguadilla, was awarded US$15.1 million, and insurance products here. In light of this, the Family Rocky Shoes &Boots, which owns Lifestyles Inc., Dept commissioned a US$60,000 study to in Moca, was awarded US$6.4 million for the recommend a new public long-term care policy; manufacture of combat boots. The Phoenix Group, which owns Altama Footwear, also said it won a The study calls for collaboration of the private DOD contract for over US$100, which could mean and nonprofit sectors, the Legislature and key the US$20 million contract awarded to Altama government agencies, and offers a road map for Footwear could be a five-year contract; creation of a new industry which could, in turn, provide as many as 10,000 new jobs. The contracts were awarded to the US-based *** parent companies, but will impact operations here, QUANTUM METRO CENTER. Engineer since both Wellco and Altama Footwear have no Robert Arthur, president of Quantum Metrocenter cutting and fitting plants in the US, and Rocky Corp., has received the go ahead from regulatory Shoes & Boots has no plant stateside. The awards agencies to develop a mixed-used US$300 million- come at a critical time for these companies, plus complex in the Hato Rey business district, particularly Altama Footwear, which had to lay off reports Caribbean Business (July 26, 2007): employees at its Salinas factory. The DOD contracts are for combat boots destined for the Army, Navy, Arthur said Quantum Metro Center will be Air Force and Marine Corps. The once-vibrant local within walking distance of the Hato Rey Urban footwear-manufacturing segment has declined in Train station, and part of Ciudad Red‘s US$1 recent years due to competition from lower-wage billion joint development program, which consists jurisdictions in the Dominican Republic, Mexico of private-sector projects around existing Urban and Asia. Train stations. The project will include a 100-room hotel to complement the area‘s real-estate Caribbean UPDATE September 2007 25 development. A commercial phase will consist of Q commercial leasing, investment and corporate Tower, sporting 300,000 sq ft of office and banking units, said spokesman Robert Julavits. commercial retail space, which just received the Details: Teruca Rullan. Senior VP, Corporate green light from the Federal Aviation Communications. Popular, Inc. Email: Administration to become the tallest tower in Hato firstname.lastname@example.org. Tel: 1-917-679-3596 Rey; PRASA CUTS OFF WATER TO 10,000 The residential component, under construction, WEEKLY. Every week, the Puerto Rico Aqueducts will consist of two 26-story towers. Apartments and Sewers Authority (PRASA) cuts off service for averaging 2,000 sq ft starting at US$600,000 will be clean water to 10,000 customers, says to PRASA ready for occupancy in late 2009. Sierra Cardona Exec. Dir. José Ortiz, reports AP (July 30, 2007). Ferrer Architects is in charge of the towers design, Ortiz said the suspension of service helps to avoid and other area projects, including the Banco rate increases for those clients who do pay on time. Popular remodeling and the José Miguel Agrelot Half of the clients who have seen their service Coliseum. suspended have had it reconnected, but others presumably ―look for a way to get water somewhere *** else,‖ he said. Most suspensions have occurred with MAYAGUEZ PORT DEAL. Holland Group residential clients of all social classes, although they Investment took the reins of the Mayagüez Port have also occurred in business and industry, he after finalizing the transition with the Port added. Commission, an almost public entity that administered the facility, reports AP (Aug. 12, FRAUD PROBE TARGETS DOCTORS. US 2007). The plan includes promoting cruise ship federal agents arrested dozens of doctors accused of tourism, commercial exchanges that can extend as obtaining medical licenses through fraud or bribery, far as Holland, as well as the development of other reports AP (Aug. 3, 2007). A federal grand jury projects, said José González Freyre, main officer of indicted 88 doctors following an investigation into the group. On May 11, Holland and Mayagüez members of the medical licensing board, who Mayor José Guillermo Rodríguez, signed a contract allegedly altered low-scoring tests to certify for the operation and development of the port for a unqualified candidates. The doctors, mostly Puerto 30-year term with the Port Commission, an entity Ricans who studied medicine in the Dominican that will retain the title of the property. However, Republic, Mexico or Cuba, paid board members Port Commission President Dennis Bechara warned bribes of as much as US$10,000, according to the that for the port to be viable requires the 118 acres indictment. At least 75 were practicing medicine in of nearby land that belong to the pier that was given Puerto Rico, including some at hospitals or to the Ports Authority years ago and is now in the emergency rooms, authorities said. Most of the hands of the Puerto Rico Industrial Development suspects failed the licensing exam multiple times. Co. Steps are being taken to return that land to the One man who earned a medical degree in Spain port, Bechara said. failed the exam 16 times between 1974 and 2001 before he was granted a medical license in 2002, CITIGROUP SELLS BRANCHES. Citigroup according to the indictment. Health Dept. Secretary Inc. is selling its Puerto Rico branches to Popular Rosa Perez Perdomo said the fraudulent doctors' Inc. for US$120 million, reports Bloomberg (Aug. patients would have no shortage of alternatives 11, 2007). Popular has 196 branches here, the most among legitimate health care providers here, where among the island's 11 banks, according Federal about 10,000 doctors serve a population of 4 Deposit Insurance Corp. data. Citigroup, with 17 million. branches, had the smallest network. The deal includes US$1.1 billion in deposits and US$230 P.R. SUPPLIES ACQUISITION. Puerto Rico million in loans, according to Popular. Citigroup Supplies Co. (PRSC), a tobacco and consumer has another US$3 billion in deposits here, according products distributor, has acquired F. Pont Flores and to FDIC data. Citigroup will continue to serve local Caribbean Snacks, reports Caribbean Business customers through its loan offices, credit cards, (Aug. 8, 2007). PRSC, which is growing through Caribbean UPDATE September 2007 26 the acquisition of new lines, is preparing to Manuel de la Pila, operates Hospital Dr. Pila and inaugurate its new 200,000-sq ft distribution center Villa Ponce Housing, an apartment complex for the in Bayamón (investment US$20 million), said elderly. company President Edwin Pérez. Established in 1946, F. Pont Flores was an industry pioneer in the TAX INCENTIVES FOR FILM distribution of perfumes, health and beauty aids and COMPANIES. New York-based Holedigger toiletries. Through the Caribbean Snacks Studios, an independent film company, is eyeing the acquisition, PRSC retains the distribution of Filler, Puerto Rico market to establish local operations, Wise, Lance (cookies) and Hostess (pastries) to reports Caribbean Business (July 12, 2007). name a few. Holedigger, which benefited from a local TIFF (tax incentive fund) to produce its 2003 film “The Dying DOUBLETREE HOTELS EXPANDS. Gull,” featuring actor Campbell Scott, has become Doubletree Hotels on July 31 said it entered into a a key player within an industry niche producing franchise agreement to introduce its first Caribbean quality affordable films featuring Hollywood talent. hotel. This summer, the 8-story, 184-room Hotel George VanBuskirk, Holedigger Studios co- Pierre at Gallery Plaza will begin a year-long hotel founder, said company reps would be visiting renovation and by mid-2008 will be known as the Puerto Rico later in the month. Doubletree by Hilton Hotel San Juan. Owned by Swiss Chalet, Inc., it will continue to be managed FT. LAUDERDALE-PONCE FLIGHTS. by San Juan-based International Hospitality JetBlue on July 24 said it will launch daily, year- Enterprises, said Dave Horton, senior VP - brand round nonstop service between Ft Lauderdale, Fla. management for Doubletree. Details: Hilton Hotels and Ponce, on the south coast, beginning Nov. 5. Corp., Thomas Wingham, +1-310-205-3381. Email: Introductory fares start as low as US$59 each way, thomas_wingham @hilton.com. Karla Visconti, +1- with regular fares ranging from US$99 -- US$299 786-866-7240. Email: email@example.com. each way. Ponce will be JetBlue's 12th destination Web: www.hiltonworldwide.com served nonstop from Fort Lauderdale/Hollywood International Airport, said Marty St. George, CHOICE HOTELS TO MANAGE 254 JetBlue's VP of Network Planning. Details: ROOMS. Choice Hotels Intl said it recently Corporate Communications. (718) 709-3089. executed agreements in Puerto Rico with a series of Email: CorporateCommunications@jetblue.com. former independent inns and hotels that will now JetBlue Reservations. (800) JET-BLUE (538-2583). become a Choice Hotels brand, reports Caribbean Web: www.jetblue.com Business (Aug. 2, 2007). Included in the deal are the 60-room Comfort Inn Suites, Campomar NEW/OLD SPANISH RESTAURANT. One of (formerly Hotel Campomar) in Toa Baja; the 97- Madrid's most-renowned culinary traditions and room Quality Inn, El Tuque (formerly Hotel El most-visited tourist attractions, Restaurant Botin— Tuque) in Ponce; the 47-room Quality Inn, El Portal the oldest in the world according to the ―Guinness (formerly Hotel El Portal) in Condado and the yet- Book of Records‖—was scheduled to open its to-be-built 50-room Quality Inn &Suites in San doors in Old San Juan Aug. 22, reports Caribbean Germán, said Raúl Fuentes, emerging markets Business (July 18, 2007). A replica of the Spanish director for Choice Hotels. restaurant—established in 1725 on Cuchilleros St alongside Madrid‘s majestic Plaza Mayor—it will HEALTHCARE CO. SEEKS BANKRUPTCY. occupy the colonial-style landmark building on Fundacion Dr. Manuel De La Pila Iglesias Inc., Recinto Sur St (corner of San Justo Street) where a which operates a 170-bed hospital here, has filed for Banco Santander branch used to operate. The 7,000- bankruptcy, reports Bloomberg (Aug. 10, 2007). It square-foot, three-story restaurant will feature listed assets of US$55.9 million and debt of Botin‘s regular menu, particularly the house US$53.5 million in Chapter 11 documents. Its 20 specialties of suckling pig (cochinillo) and old largest unsecured creditors are owed US$11.7 Castilian-style lamb roasted in a wood-fired oven. million. Revenue for 2006 was about US$40.3 Most ingredients will be imported from Spain. The million. The foundation, founded in 1927 by Dr. two-year restoration and construction project, Caribbean UPDATE September 2007 27 estimated at more than $2 million, is a private have roads, electricity, water and other venture of Dr. Sanchez Quiles, his wife actor Von infrastructure installed. Marie Méndez, and their son Chef Luis Freyre. ST. LUCIA PUERTO RICO 7 ADDS 2 STORES. Prime Time Group on July 30 announced that Puerto Rico ST. LUCIA, HESS EXTEND ACCORD. St. 7, Inc. has opened two new stores, Pinero II and Lucia and Hess Corp. extended an agreement Borinquen Towers. PR-7 operates 16 7-Eleven allowing Hess to operate a fuel transshipment convenience stores in San Juan. Details: Johnny terminal here, reports AP (July 25, 2007): Ray Arnold. 561-674-5866. Email: ir@ primetimestores.com . Web: The new accord, which extends an option to www.primetimestores.com build an oil refinery, was announced by Acting Prime Minister Stephenson King. New York-based ST. KITTS & NEVIS Hess will pay the government 5 cents for every barrel of crude oil stored at the terminal and 10 NEW 150-SEAT CALL CENTER. Cabinet cents per barrel of refined product. The previous approved a new 150-seat call center ―to be operated accord, which was to expire in 2013, paid St. Lucia by International Market Access Ltd which also 2 cents per barrel of crude and 4 cents for refined operates in Barbados and Antigua. More than 100 products. The new accord expires in 2057. King young persons will receive special training to said Hess agreed to establish a vocational training handle customer service,‖ said Minister of State for program here so islanders can qualify for jobs at the Information & Technology, Nigel Carty, reports refinery if Hess decides to pursue the project. The Caribbean Net News (Aug. 1, 2007). It will be company says it has no immediate plans to build a located in the Stanford Bldg near the Robert L. refinery here; Bradshaw Intl Airport in St Kitts. A subsidiary of Hess operates the Hovensa oil TAIWAN FINANCES NEW SPORTS refinery with a subsidiary of Petroleos de Venezuela FACILITY. Taiwan's resident ambassador John SA, the Venezuelan oil company, in the nearby US Liu presented Prime Minister & Minister of Sport Virgin Islands. Note: Caribbean Net News (July 27, Dr Denzil Douglas with a US$1.4 million check for 2007) reported that an agreement between Hess ongoing construction of the sports facility at Bird and the government was signed for a US$5 billion Rock, reports Caribbean Net News (Aug. 14, 2007). oil refinery, but no other sources verifies this. This follows an initial contribution of US$500,000 in mid-June. The Bird Rock stadium construction is *** scheduled to be ready to host the 2008 CARIFTA SOLAR-POWERED FERRY. A solar-powered Games in March. ferry was introduced by a resort here that hopes to inspire others across the Caribbean, reports AP LAND SALES OFFICE TO DISPOSE OF (July 30, 2007). The 12-foot Sunshine Express, with 5,000 LOTS. Government announced setting up of photovoltaic panels mounted on the roof, carries up a lands sale office to dispose of 5,000 lots in 24 to 15 guests of the Discovery at Marigot Bay resort locations on St Kitts, reports CUOPM (July 20, to waterfront bars and restaurants, said owner Judith 2007). Sen. Nigel Carty, Minister of State in the Verity said. The vessel, touted as the first of its kind Ministry of Finance, Sustainable Development, in the Caribbean, was designed by the harbor master Information & Technology, said more staff is being and built by local craftsmen she said. mobilized so that the land distribution initiative could commence by Aug. 6, 2007. In June, Cabinet SURINAME decided to empower young persons and persons without their own land through the process of land GAS & OIL DEPOSITS REPORT. Research ownership. It approved the allocation of 603 acres & Markets (based in Dublin, Ireland) on July 16 around the island. The lots will have a minimum announced the addition of "Suriname Upstream Oil size of 4,000 sq ft in residential projects that will and Gas Fiscal Regime Profile" to its offering. The Caribbean UPDATE September 2007 28 report covers the petroleum fiscal environment, license terms and key fiscal terms for assets. It TRINIDAD & TOBAGO describes various elements of the geography's fiscal regime and gives an understanding of its petroleum IMF: ECONOMY MUST DIVERSIFY. regulations and the framework of opportunities Trinidad & Tobago must diversify its petroleum- available to the players in the industry. Details: based economy to prepare for the eventual depletion Laura Wood. Senior Manager. Email: of its fossil fuel supply and survive swings in global firstname.lastname@example.org. Fax: +353 1 4100 energy prices, the International Monetary Fund said. 980. Web: IMF economist Max Alier said the twin-island www.researchandmarkets.com/reports/c62836. nation, where the energy sector accounts for 40% of GDP, should focus on improving competitiveness UPGRADING AIR NAVIGATION SYSTEM. of non-energy sectors. The country, the second- Funds from the Islamic Development Bank and the largest energy producer on the Caribbean Sea after Govt of Suriname are for Upgrading the Air neighboring Venezuela, pumps out 150,000 barrels Navigation System.(UANS SUR - 0010). Part of the of oil a day and is the leading supplier of liquid funds are to procure aeronautical communications, natural gas to the US. But Trinidad's non-energy surveillance and ancillary equipment. Deadline: deficit has widened recently to nearly 16% of the Oct. 5, 2007. A mandatory information meeting and GDP due to tax cuts, growing subsidies and rising site visits will be held Sept. 4, 2007. Details: Dept capital spending. of Civil Aviation. Coesewijne Straat No. 02. Zorg en Hoop. Paramaribo Zuid, Suriname. Web: GOVT. LANDS BIG BOAT DEAL. www.uans-sur.com. Mr. J.H. Veira, Director. Tel: Government will save TT$400 million over 10 (597) 498-898, 497-914. Fax: (597) 498-901. E- years, because it purchased, rather than leased, two mail: email@example.com. Mr. L. Gonsalves, Project fast ferry vessels now serving the inter-island route, Coordinator. Tel: (597) 531-288. Fax: (597) 531- said Transport Minister Colm Imbert, who spoke at 290. E-mail: firstname.lastname@example.org . Notice GN101- a ceremony at the Port Authority in Port of Spain to 708/07 commission the T&T Spirit which made its inaugural sailing to Scarborough, reports The EU AID FOR TOURISM, TRANSPORT. The Trinidad Guardian (July 22, 2007). Imbert said European Union (EU) signed several contracts with Government decided to buy the vessel after it government to improve the tourism and transport compared the cost over a 10-year period. The Spirit, sectors, reports Caribbean Net News (July 31, purchased for US$46.5 million in June, has a 2007). Suriname will receive 1.5 million euros to passenger capacity of 900 and a vehicle capacity of execute a "sustainable tourism capacity building 180 cars, Imbert said. program" and 3.2 million euros to strengthen the transport sector. Brussels earlier financed two 7 NEW TV STATIONS COMING. Seven new tourism improvement projects and ―the third project local TV stations should be coming on stream soon, will build further on these excellent results,‖ said said the Telecommunications Authority of Trinidad EU rep Richard van der Horst. The tourism sector & Tobago, reports The Trinidad Express (July 19, grew by 8% per year between 2000 and 2004. A 2007). TATT acting exec. dir. Cris Seecheran said consultant for the Suriname Road Authority and the that the board of the Authority agreed to open the Ministries of Transport and Public Works will carry free-to-air television market to allow for three more out a three-year study. Government is studying national providers, two more territorial providers options to improve roads, airports and port (Trinidad only) and two more territorial providers facilities, and enhance the east-west and north-south (Tobago only). Seecheran said that in April TATT road links in the country. Financing is already received 12 responses to an Expressions of Interest secured; works start as early as 2008. In June China notice for establishment of new TV stations and that pledged to asphalt the Afobakka Road connecting TATT will issue a Request for Proposals by late Paramaribo with the southern district of August, 2007. TATT will also open up the market Brokopondo, said VP Ram Sardjoe, after with regard to broadband wireless services. concluding an official visit to China in June. Caribbean UPDATE September 2007 29 TT$3 BILLION FOR DEVELOPMENT IN Financial acquired a whiskey distillery in the US TOBAGO. Prime Minister Patrick Manning has from Pernod Ricard. promised TT$3 billion for going development of Tobago, reports Caribbean Net News (Aug. 6, COMPUTER REFURBISHMENT. Trinidad & 2007). Funds will go to complete the Crowne Point Tobago will benefit from a $100,000 Airport, the new Tobago Hospital, extension of the Commonwealth Connects program to fund a Claude Noel Hwy, an administrative complex at computer refurbishment project that will benefit Boxborough and completion work at the Sure Park needy schools and communities, reports Caribbean Cultural Facilities Net News (July 26, 2007). The project, managed by the Ministry of Public Administration and CONSTRUCTION OF BUILDING. A World Information, involves collection of used computers Bank grant is for the Pan-Caribbean Partnership donated by Caribbean governments and the private Against HIV/AIDS (PANCAP) Project (Grant No. sector for re-use here through upgrading and repair. HO77-0-6R; Project: P080721. Part of the funds are for Construction of a Proposed Building for the PANAMA-PORT-OF-SPAIN FLIGHTS. Copa Health Economics Unit (HEU) of the Univ. of the Airlines Aug. 1 said it will offer new service from West Indies. St. Augustine Campus. Deadline: Panama and connecting cities in Latin America to Sept.14, 2007. Refer to: Bid No. C-02- Port-of-Spain, beginning Dec. 15, 2007. Details: 07/PANCAP/WB . Details: The Secretary,. Web: www.copaair.com Campus Procurement Committee. Univ. of the West Indies. c/o Campus Projects Office. #25A Warner TURKS & CAICOS I. St. St. Augustine, Trinidad and Tobago. Tel: (1-868) 645-7276, 663-2208. Fax: (1-868) 645-7258. E- NEW CASINO LAW. Lawmakers approved a mail: email@example.com. Web site: measure to would allow wealthy islanders to www.caricom.org gamble in local casinos, which in the past have catered only to foreigners, reports AP (July 25, WATER SUPPLY IMPROVEMENTS. The 2007): Water & Sewerage Authority (WASA) has embarked on several projects aimed at improving The House of Assembly voted 13-3 in favor of a the water supply in South and Central Trinidad, bill permitting anyone with annual earnings of more following receipt of TT$136.2 million, reports The than US$75,000 to gamble in the two casinos here. Trinidad Express (July 19, 2007). TT$70 million Michael Misick has previously said he would sign will be spent to cover the cost of new pipes to the bill into law. The bill's sponsor, Deputy Premier replace the current 35 km Navet Trunk Main; the Floyd Hall, had initially proposed a threshold of remainder will facilitate: US$50,000, but raised it because of opposition from an upgrade of transmissions and distribution church groups concerned about the expansion of networks including 100 km of pipelines to enhance gambling. The average annual income is roughly service; construction of 5 service reservoirs to US$10,000 in the British territory, a popular tourist enhance reliability; installation of 193 km of pipe to destination that has a population of about 22,000; serve communities lacking mains; and installation of bulk meters. Hall said he backed the bill at the request of residents who want to gamble and casino operators SELL-OFF. Angostura and CL Financial will who have struggled because of the restriction. dispose of their 68% stake in the French spirits Opposition leader Floyd Seymour said the company Belvedere for 345 million euro (more than legislation would lead to increased gambling losses TT$3 billion), reports The Trinidad Guardian (Aug. and hurt the island chain. Casinos that cater only to 1, 2007). Angostura said the Laventille-based rum foreigners are found across the Caribbean, where and bitters producer decided to exit Belvedere due some sectors of socially conservative island to a board struggle. Sale proceeds will be used to societies regard them as immoral. reduce Angostura‘s debt, for new acquisitions and for brand development, officials said. In June, CL *** Caribbean UPDATE September 2007 30 500,000 barrels per day) is the 11th-largest refinery U.S. VIRGIN ISLANDS in the world, the fourth largest in the western hemisphere and the third largest in the US. 397-ACRE WEST END DEVELOPMENT. The first stage of building preparation at Botany Bay has *** been completed, laying the groundwork for CONCH BAN EXTENDED. Regulators here development to begin shortly on St. Thomas' West said they will close the territory's waters to conch End, reports the US Virgin Islands Daily News (July fishing for the rest of the year due to concerns about 18, 2007). A stone wall, wrought-iron fence, overfishing, reports AP (July 27, 2007). The gatehouse with around-the-clock security and shellfish is normally off-limits to commercial signage now tell visitors they have arrived at the fishing from July through September, but the 397-acre property being called The Preserve at Department of Natural Resources extended the ban Botany Bay. The project, to cost more than to help stocks replenish: US$200 million, will include vacation homes, timeshares or fractional real estate, a boutique hotel Significant poaching could further delay the start and a restaurant and spa, said David Burden, CEO of the season. ``If the closed season is not observed, of Colorado-based develop Timbers Resorts. we're not going to reopen the season in January,'' Details: Lynn Freehill. Tel: 774-8772 ext. 311. E- said David Olsen, the department's fish and wildlife mail firstname.lastname@example.org. director. Fishermen who dive for conch off St. Croix, one of three islands that make up this US RAPID FITNESS DEAL. Rapid Fitness, Inc. territory, have produced harvests exceeding said Aug. 10 it signed s purchase agreement with sustainable levels since 2000, saidaccording to Caribbean Fitness, Inc., d/b/a America's Paradise department spokesman Jamal Neilsen; Gym, a firm with 2 fitness centers in St. Thomas Much of the meat is sold in Puerto Rico, where and 1 in St. Croix). Combined assets are reportedly it fetches up to US$14 per pound. Divers have US$2.5 million with more than 5000 members, ventured into increasingly deep waters to collect generating US$1.5 million a year, said CEO queen conch, a variety prized for its meat and Anthony Mellone. Details: Rapid Fitness, Inc., Ft lustrous shells. ``We're starting to see divers off St. Lauderdale. Tom Nelson, 480-326-8577 Web: Croix get serious decompression sickness,'' Olsen www.americasparadisegym.com and said. ``So extending the closed season is also a www.rapidfitness.com public health issue.'' *** REFINERY REPAIRS. Repairs at the Hovensa IMPORT TAX SUSPENDED. A tax levied on oil refinery in St. Croix affected the bottom line of cars, furniture and other personal items shipped here parent company, Hess Corp, reports Caribbean Net from the mainland was ruled unconstitutional, News (July 28, 2007). Hess said its second quarter reports AP (Aug. 1, 2007). US District Judge net income fell 1.6% partly due to the cost of a Harvey Bartle III ruled that a 4% tax the US shutdown of part of its refinery, according to territory imposed on imported items worth more Market Watch. Hovensa said in May the refinery than US$1,000 violated the US Constitution's would shut down for 35 days for cleaning, commerce clause. The case stems from an April inspection and repairs. Hovensa President/CEO complaint filed by a St. Croix resident who Larry Kupfer said in 2006 the refinery generated protested a US$2,365 ``personal use'' tax the US$161 million in USVI government tax revenues government levied on two cars and floor tiles he (including US$14 million in real property taxes and shipped in from Virginia. The government is US$102 million in corporate income taxes by appealing. After Bartle's ruling, a lawsuit was filed refinery owners and contractors). Ongoing by several thousand inhabitants who paid the tax for improvements include a new laboratory (US$12 items they imported. If the lawsuit is successful, million), a low-sulfur gasoline unit (US$195 residents could be refunded and possibly collect up million), a gas-turbine power generator (US$83 to 12% interest, attorney Jeffrey Moorhead said. million) and Phase II of a wastewater treating unit The USVI has collected more than US$3 million (US$93 million), Kupher said. Hovensa (capacity from the tax since it was introduced four years ago, Caribbean UPDATE September 2007 31 said Gizette Thomas, director designee for the islands' Bureau of Internal Revenue. U.S. Trade with the Caribbean Basin May 2006, 2007 PUEBLO STORES PURCHASE. Chicago- (millions of US$) based World Fresh Market, owned by Yousef Yassin, acquired the four Pueblo supermarket stores U.S. exports U.S. imports here (two each on St. Thomas and St. Croix) for an (F.A.S.) (c.i.f.) undisclosed amount, reports Caribbean Business 2006 2007 2006 (Aug. 8, 2007). Pueblo‘s filing for Chapter 11 2007 bankruptcy comes on the heels of the USVI sale in Anguilla 14.3 31.3 2.8 2.7 an effort to seek court protection on more than Antigua & Barbuda 86.6 87.4 2.7 5.0 US$11 million owed to local suppliers. Aruba 235.0 223.9 1377.9 1335.6 57 ACRES FOR AFFORDABLE HOUSING. Bahamas 884.9 881.0 211.0 The V.I. Housing Finance Authority has purchased 210.4 57 acres of undeveloped land in Estate Donoe from Barbados 170.4 181.5 15.3 Lockhart Realty for US$2.1 million, reports The 15.7 Virgin Islands Daily News (July 21, 2007). It plans Belize 109.1 98.7 51.6 to build affordable housing units on 25 acres and 42.6 will hold the remaining acreage for future use, said Bermuda 311.9 244.3 4.7 7.2 Exec. Dir. Clifford Graham. It plans to put out a British Virgin I 94.9 69.3 11.7 24.8 request for proposals for developing the first phase Cayman Islands 266.6 267.0 6.8 10.8 in August or September, he said. Ethienne Bertrand, Costa Rica 1695.4 1782.5 1718.5 president of Lockhart Realty, said "There is a 1794.2 tremendous need for housing for essential workers Cuba 153.4 144.7 0.1 0.2 such as firefighters, teachers and nurses." Bertrand Dominica 23.1 36.8 2.1 1.0 said the planned housing fits in with other Dominican Rep. 2046.0 2315.4 1832.0 developments planned for that area of St. Thomas. 1774.4 In Estate Donoe, development company Urbanika El Salvador 880.4 915.9 659.9 809.6 plans to build 173 three-bedroom and four-bedroom French Guiana 9.5 10.8 0.2 0.1 homes throughout the hillside behind Market Grenada 28.1 35.5 2.0 5.1 Square East Plaza and Home Depot. The project is Guadeloupe 18.8 69.0 0.9 2.2 called Raphune Vistas and the homes will be Guatemala 1400.5 1610.2 1387.2 targeted at moderate-income residents. 1442.0 Guyana . 73.6 81.7 67.9 56.7 BROADBAND CONTRACT. Global Crossing, Haiti 349.5 316.0 197.4 205.5 an IP solutions provider, on July 19 said the Honduras 1502.8 1751.7 1507.5 1649.5 University of the Virgin Islands Research and Jamaica 730.5 860.0 236.8 343.2 Technology Park (RTPark) has signed a 15-year Martinique 10.4 80.1 0.5 0.9 contract for high capacity broadband connectivity Montserrat 10.7 2.5 0.3 0.4 and colocation space at its fiber switching facilities Netherlands Ant. 639.3 650.5 513.8 338.0 in St. Croix. Under the agreement, RTPark has Nicaragua 316.1 328.8 636.2 633.3 direct access to the Global Crossing's global IP Panama 1014.7 1335.7 153.8 151.2 network, which delivers services in more than 600 St. Kitts & Nevis 73.6 43.3 21.7 24.3 cities in 60 countries, said David M. Zumwalt, St. Lucia 51.1 64.1 22.8 7.8 Exec.Dir. of RTPark. Details: Becky Yeamans. St. Vincent & Gren 18.5 6.2 0.5 0.9 973-937-0155. Email: PR@ globalcrossing.com. Suriname 104.8 96.8 56.4 57.3 Kendra Langlie. Latin America. 305-808- 5912. Trinidad & Tobago 612.5 687.4 4002.1 3916.9 Web: www.globalcrossing.com Turks & Caicos I 134.6 153.2 4.5 5.3 DATA BASE Caribbean UPDATE September 2007 32 Source: U.S. Dept. of Commerce. Details: Nick Saba Jan-May 5,290 - Orsini (301-763-6959) or Vanessa Ware (301-763- 1.4 2311), Foreign Trade Division. St. Lucia Jan-May 125,998 - 9.2 Tourism Stop-Over Arrivals, 2007 St. Vincent & Gren. Jan-May 40,463 - 2.8 %change U.S. Virgin Islands Jan-May 331,028 - Destination Period Arrivals vs. 2.1 2006 Anguilla Jan-Mar 24,974 Tourism Cruise Ship Arrivals, 2007 +22.2 Antigua Jan-Apr 98,173 %change -1.5 Destination Period Arrivals vs. Aruba Jan-Mar 187,027 2006 +9.8 Aruba Jan-May 266,464 - Bahamas Jan-May 660,096 10.7 -6.8 Bahamas Jan-May 1,341,729 - Barbados Jan-Jun 295,916 4.5 +2.8 Barbados Jan-May 306,951 Belize Jan-Mar 77,756 +15.6 +2.4 Belize Jan-Apr 340,904 Bermuda Jan-May 107,083 +8.7 +5.6 Bermuda Jan-May 75,584 British Virgin Islands Jan-Mar 108,527 +8.9 +0.9 British Virgin Islands Jan-May 311,368 Cancun (Mexico) Jan-May 923,643 +17.6 +48.1 Cayman Islands Jan-May 983,824 Cayman Islands Jan-May 137,249 +4.6 +8.7 Cozumel (Mexico) Jan-Mar 875,074 Cozumel (Mexico) Jan-Feb 57,075 +30.7 +35.1 Curacao Jan-Apr 176,392 Cuba Jan-Apr 895,307 - +14.6 8.3 Dominica Jan-Mar 141,243 - Curacao Jan-Apr 90,471 6.2 +9.5 Dominican Republic Jan-Mar 161,971 Dominica Jan-Apr 26,000 - +2.4 3.6 Grenada Jan-May 162,710 Dominican Republic* Jan-May 1,778,103 +16.1 +0.5 Jamaica Jan-Mar 411,622 Grenada Jan-May 56,437 +1.3 +8.6 Martinique Jan-Apr 46,781 - Guyana Jan 8,933 16.3 +9.5 Montserrat Jan-Mar 102 - Jamaica Jan-Mar 427,252 - Puerto Rico no data provided 2.1 St. Lucia Jan-May 320,387 Martinique Jan-Apr 201,244 +52.3 +5.1 St. Vincent & Gren. Jan-May 96,085 Montserrat Jan-May 3,059 - +52.2 7.1 U.S. Virgin Islands Jan-Jun 1,023,111 Puerto Rico Jan-Feb 258,392 - +0.3 9.7 *Non-Resident air arrivals Caribbean UPDATE September 2007 33 **Non-resident Hotel registrations only Sept. 30-Oct. 7: 44th Port Antonio Int‘l Source: The Caribbean Tourism Organization,latest MarlinTournament. Jamaica. Organized by The Sir data supplied by member countries, available as of Henry Morgan Angling Ass‘n. Email: July 18, 2007 email@example.com Oct. 1-5: 16th annual Caribbean Water & CALENDAR Wastewater Association Conference & Exhibition, St. Kitts. Details: Email: firstname.lastname@example.org. Web: Details and contact information for most events www.cwwa.net. listed here may be obtained on the website Oct. 3: Aruba KLM Open Tournament. www.calendar.caribseek.com. Readers are invited Organized by Tierra del Sol. to submit information on relevant activities, at least Oct. 5-6: 5th Aruba Music Festival. Aruba 45 days prior to date of your activity. Mail Tourism Authority. Email: email@example.com to: Caribbean UPDATE, 116 Myrtle Ave., Millburn Oct. 5-7: Puerto Rico Art & Wine Fair. Puerto NJ 07041. U.S.A. Email: firstname.lastname@example.org. Rico Tourism Co. Some dates are tentative, all are subject to change; Oct. 5-7: Renowned seafood chef Eric Ripert readers are urged to reconfirm prior to making headlines a weekend celebration of gastronomic travel plans. pleasures at The Ritz-Carlton Grand Cayman, Aug. 30-Sept. 1: Texaco One Cool Summer including cooking class, gala dinner and a fishing International Drag Races. Aruba. trip. Part of the proceeds will provide a young Aug. 31-Sept. 1: Re-Discover the Caribbean Caymanian chef with the opportunity to embark on Trade Show. Barbados. Contact: Adrian Loveridge. his own culinary journey. Weekend packages for Email: Reemail@example.com. the event are available from US$1,429. Details: call Sept. 1-30: Havana Theatre Festival. Cuba. 800-241-3333 or visit www.ritzcarlton.com. Organized by Consejo Nacional de las Arts Oct. 7-14: 40th Annual Intl Sailing Regatta, Escenicas (CNAE). Bonaire. Welcomes boats in 25 categories to Sept. 3-9: 44th Montego Bay International Marlin participate in this island tradition that attracts sailors Tournament. Jamaica Tourist Board. many countries. About 180 boats from catamarans Sept. 9: Elections in Guatemala. and yachts to sunfish, windsurfs and fishing boats Sept. 15-16: Belize Expo. Belize Tourism are expected to participate. Other festivities will Industry Ass‘n & BETEX Committee. include a bicycle tour, walking and running races, Sept. 15-23: Culture Week, Curacao. Organized softball tournament, swimming and kayaking to by Curacao Tourist Board. Email: Klein Bonaire, the All Nations Parade, participants firstname.lastname@example.org BBQ party, evening festivals with music, local food Sept. 24-30: National Tourism Awareness Week. and dancing, a concert by George McCrae who‘s Jamaica Tourist Board. number one hit ―Rock Your Baby‖ sold over 52 Sept. 25-Oct. 2: Ultimabet.com Aruba Poker and million copies worldwide, and the closing awards Blackjack Tournament. Contact: Melissa Gaddis. ceremony. Details: Sarah Biggerstaff/Candice Email: mgaddis@ spirtech.com. Kimmel. Adams Unlimited. (212) 956-5900. Email: Sept. 27-28: 2nd Annual Vermont Forum on Cuba, email@example.com. Web: Burlingon, TV. Guest speaker Larry Luxner, editor www.bonaireregatta.org. and publisher of CubaNews, to speak on ―Cuba Oct. 10: Annual Oktoberfest. Turks & Caicos Today: Business, Politics & Trade.‖ Details: Island Tourist Board. Marisha Kazeniac, Exec. Dir., Vermont Institute on Oct. 19-24: The 30th Annual Caribbean Tourism the Caribbean. Tel: 802-864-4334. Email: Conference will be held in San Juan, Puerto Rico. firstname.lastname@example.org. The theme is: The Next Generation; Learning from Sept. 27-30: Caribbean Gift and Craft Show, the Past, Preparing for the Future. Details: CTO 2007,World Trade Centre, Curacao. Details: New York office. Tel: 212-635-9530. Email: Caribbean Export Development Agency. Tel: (246) email@example.com 436-0578. Fax: (246) 436-9999. Website: Oct. 13-16: National Platano (Plantain) Festival. www.carib-export.com. Email: clowe@carib- Puerto Rico Tourism Co. Email: export.com and cchristie@ carib-export. com firstname.lastname@example.org Caribbean UPDATE September 2007 34 Oct. 18-21: Air Jamaica World Championship of Dec. 1: ―Jubilation‖, 4th Annual World Gospel Dominoes. Jamaica Tourist Board. Festival. Antigua & Barbuda Dept. of Tourism. Oct. 21-23: Prince George‘s County 2007 Dec. 1-2: Authentically Bahamian Christmas International Economic Summit: Latin America & Trade Show. Bahamas Ministry of Tourism. Email: the Caribbean Basin, Washington. Details: Lavinia email@example.com Baxter. Email: LABaxter@co.pg.md.us. Dec. 1-8: Caribbean Jazz Cruise. From solo piano Oct. 26-29: International reggae artists Beenie performances to trios, quartets and full seven-piece Man and Beres Hammond headline Dominica‘s bands, the many sounds of jazz will take center 11th instalment of the World Creole Music Festival stage aboard the Crystal Symphony's cruise. As the (WCMF). ship embarks from Miami on this seven-day voyage Oct. 31: "Jubilation" World Gospel Festival, through the Caribbean, the lineup features noted Antigua & Barbuda. Ministry of Culture. jazz performers and five times its usual complement Oct. 31-Nov. 2: Expo Caguas 2007, Coliseo of musicians. Crystal Symphony will call upon Key Hector Sola Bezares, Caguas, Puerto Rico. A West, Fla; Puerto Costa Maya and Cozumel, networking event for business people from Puerto Mexico; and Belize City, Belize. Details: Mimi Rico, Mexico, Panama, Costa Rica, Dominican Weisband 310-203-4305. Email: Republic, and other Caribbean islands. publicrelations@ crystalcruises.com Nov. 2-4: Caribbean International Literary Dec. 3-5: 31st Miami Conference on the Festival. Antigua. Organized by Avonelle H. Pole. Caribbean Basin, Inter-Continental Hotel, Miami. Nov. 3-4: WIOC Calcutta Tournament. Antigua. Workshops on agribusiness, apparel, energy, Organized by Cedar Valley Golf Course. financial services, technology, telecom, Nov. 3-4: 16th Edition Fishing Tournament, transportation,tourism. Features heads of state as Martinique Biffsh Assoc. Email: firstname.lastname@example.org. keynote speakers. Details: Caribbean-Central Nov. 5-9: An August conference and trade show, American Action, 1818 N St. NW, Suite #310, aimed at expanding Puerto Rico's role in the Washington DC 20036. Tel: 202-466-7464, Ext. 28. Dominican Republic-Central American Free Trade Fax: 202-822-0075. Website: www. C-caa.org. Agreement (D.R.-Cafta), has been rescheduled for Dec. 3-10: Bacardi Artisan Fair. Puerto Rico November, at the Puerto Rico Convention Center, Tourism Co. San Juan. Details: www.caftagroup.com. Dec. 5-10: Antigua Charter Yacht Show. Nov. 8-11: Tranquility Jazz Festival. Anguilla Organized by Antigua Charter Yacht Meeting. Tourist Board. And: 9th Annual Carriacou Sailing Email: email@example.com Series. Organized by Grenada Yacht Club. Email: Dec. 6-13: Bahamas International Film Festival. firstname.lastname@example.org. Dec. 8: Caribbean Comedy Festival. Antigua & Nov. 10: 7th Annual Bonaire EcoSwim. Features Barbuda. Details: Gordon ―Banks‖ Derrick. Tel: eight swimming races with and without fins for 268-560-5149. participants to show off their stroke and kicks. Dec. 12: ―Scientific Research in Cuba: Highlights www.aquamoonadventures.com. Caradonna Dive & Future Prospect,‖ London. Speaker, Luis Alberto Adventures at 1-800-328-2288. Montero-Cabrera, Havana Univ. Scientific Council. Nov. 14: ―US-Cuba Policy: Stumbling Towards Details: Claire Farfan, Intl. Inst. Study of Cuba, the Post-Castro Era,‖ London. Speaker: Phil Peters, London Metro. Univ. Tel: 44-20-7133-2405. Email: chief Cuba policy analyst, Lexington Institute. No email@example.com. charge. Details: Claire Farfan, Intl Inst. For Study Dec. 15-Jan. 2: National Carnival, St. Kitts. of Cuba, London Metro Univ. Tel: 44-20-7133- Details: Ministry of Tourism, Culture & 2405. Email: firstname.lastname@example.org. Environment. Nov. 14-16: Point-a-Pitre Jazz Festival. Guadeloupe Tourism Office. 2008 Nov. 16-22: San Juan Cinemafest. Puerto Rico March 28-30: 35th International Rolex Regatta. Tourism Co. St.Thomas, US Virgin Islands. An annual favorite Nov. 29-Dec 1: Reggae Marathon. Jamaica on the Caribbean racing calendar, catering not only Tourist Board. to handicap yachts but also to one-design sailboats of at least 24 feet and beach cats. Details: Bill Caribbean UPDATE September 2007 35 Canfield. Email: email@example.com or 340-775- 6320. The regatta web page is www.rolexcupregatta.com. And: Barby MacGowan. Media Pro Int'l for Rolex. Email: barby@ mediapronewport.com. Ph +1 401-225-0249. Or: Wally Bostwick. St. Thomas Yacht Club. mobile +1 340-690-2898. Email: firstname.lastname@example.org. And: Key Partners (KPMS). Phone: +41 32-724- 2829. Email: email@example.com. Web: www.regattanews.com April: The Association of Caribbean States (ACS) has been selected is the honoree at the 11th International Book Fair of the Dominican Republic, in Santo Domingo. For two weeks, it assembles hundreds of exhibitors, artists and visitors from different parts of the world, Aug. 1-31: Belize Tourism Expo, Belize City. Organized by Suzette Gibson, BETEX Manager (Belize Tourism Industry Assoc.) Email: firstname.lastname@example.org.
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