BRIDGETOWN, Barbados – Minister of economic affairs and investment, Kay McConney, believes that small island states must pay close attention to the rapidly changing global environment and stand ready to confront the realities that are shaping the business landscape.
Minister McConney expressed this view yesterday against the backdrop of an evolving environment characterised by the climate crisis, geopolitical shifts, artificial intelligence and other technological advancements. McConney was, at the time, delivering the feature address at the Invest Barbados Renfrewshire Business Network’s 2025, UK Investment Mission to Barbados, being held at Crane Beach Resort, St Philip.
The minister told the audience that despite the daily global shifts, “it is encouraging to have…business leaders and captains of industry such as yourselves, come into Barbados, so that you can scale-up your knowledge and expand your relationships, recognising the potential that Barbados has to help you navigate this environment”.
McConney further stated: “Your presence is certainly a demonstration that Barbados remains attractive as a location for investment, offering as we do, stability, reasonable predictability and a business-friendly and a resilient environment.”
The economic affairs minister also shared with attendees that Barbados’ economy continued to perform well based on the Central Bank of Barbados’ September review of the island’s economic performance. It stated that the island had maintained its growth momentum during the first nine months of 2025 despite ongoing challenges globally. Additionally, McConney stressed that the country recorded 17 consecutive quarters of growth, with predictions that that trajectory would continue.
“It bodes well for the future, and I believe it reflects not only the resilience of our people, but effectively the result of sound policies, fiscal discipline and forward-looking strategies being implemented to enhance investment from both government as well as the private sector. The kind of growth that Barbados is pursuing, is a growth that is inclusive, which means we carry the entire society along with us,” the Minister assured.
McConney reaffirmed the government’s commitment to providing an enabling environment, adding:
“I want to take this opportunity to reaffirm to you that the government of Barbados was committed to ensuring a supportive and dynamic business environment for investment adding that Invest Barbados and the newly created entity Business Barbados, stood ready to assist wherever possible.”
During the session, chief executive officer of invest Barbados, Kaye Greendige, gave an overview of the investment opportunities in Barbados, while the chief executive officer of export Barbados, presented on GIGA IP – The Engine for Economic Transformation.
There were also welcome remarks from British High Commissioner to Barbados and the Eastern Caribbean, Simon Mustard, and Jo Smith of Renfrewshire Business Network, who outlined the UK Trade Mission’s objectives
There will also be other presentations on other aspects of business and B2B, and other networking opportunities. The sessions will end on Friday, November 14.
The post Barbados’ stability and strong economic performance a plus for investment appeared first on Caribbean News Global.