RIPEL Committee concludes investor dialogue series

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The RIPEL Cabinet Sub-Committee has recently completed a series of The Investor Dialogue at the National Hosting Authority conference room at town ground.

High Level officials in Government Ministries will demonstrate clear strategic actions to enhance investment in any rural regions, specifically Russell Islands.

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 Technical people and high-level officials from the Government ministries came together to draw out incentives for investment in Russell Islands.

A statement from the RIPEL Cabinet Sub Committee says it is a cross-sectoral opportunities approach and that various sector opportunities can be enhanced to promote investment in Russell Islands.

The major sectors include the coconut and tourism industries.

This is a result of a Memorandum of Understanding signed between the National Government, Central Islands Province and Russel Islands Investment Forum (RIIF) in September 2019 as the pathway for reinvestment and redevelopment in Russell Islands.

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 The Investor Dialogue Series was formulated as part of the National Planning Investment Development Framework (NPIDF) stipulated under the MOU.

It proposed a participatory inclusiveness and cross-sectoral opportunities approach for Russell Islands.

It also encourages investment and participation of ordinary people to engage in business entrepreneurship.

A report will be produced from the series of dialogue and will be used as an investment fact platform for investors guide to the investment opportunities in Russell Islands.

This will eventually become the formal investment scope to be used in the investment symposium proposed to be held in February 2020.

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