The Grenada Industrial Development Corporation (GIDC), the investment promotion agency of the Government of Grenada, is now a member of The Caribbean Association of Investment Promotion Agencies (CAIPA)
The objectives of CAIPA are:
- to promote and develop understanding and cooperation among Investment Promotion agencies, and other national Investment Promotion entities, within the Caribbean Region;
- to strengthen information gathering and information monitoring systems as well as actively promote information exchange amongst these Investment Promotion Agencies;
- to share country and regional experiences in attracting investment;
- to assist Caribbean Investment Promotion Agencies, and other national investment promotion entities, to gain access to technical assistance and funding through advice, assistance and referrals to relevant agencies;
- to facilitate access to funding and other assistance, through referrals to relevant bilateral and multilateral agencies, for the development and implementation of investment promotion programmes; and
- to assist Caribbean Investment Promotion Agencies in advising their respective governments in the formulation of appropriate investment promotion policies and strategies;
- to provide advisory and pro-active services to the membership related to–
- regional image building and regional investment promotion
- policy advocacy
- capacity building
- research and information