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St. Kitts and Nevis

St. Kitts and Nevis. Manufacturing. Presented By: José Rosa General Manager Kajola-Kristada, Ltd. Agenda. Manufacturing Sector – Saint Kitts and Nevis Strengths Sector Composition Economical Indicators Strengths Challenges & Opportunities/Initiatives.

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St. Kitts and Nevis

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  1. St. Kitts and Nevis Manufacturing Presented By: José Rosa General Manager Kajola-Kristada, Ltd.

  2. Agenda • Manufacturing Sector – Saint Kitts and Nevis Strengths • Sector Composition • Economical Indicators • Strengths • Challenges & Opportunities/Initiatives

  3. Saint Kitts & Nevis ManufacturingSector Composition • Constituted by local and foreign manufacturing companies • Approximately Eighteen (18) different manufacturing companies • 90% of the companies have operated for over 10 years in St. Kitts and Nevis • Manufacturing companies categories. • Light Electronic & Electrical • Servo motors, switches, telecommunication and cable TV devices • Beverages • Beer, soft drinks, water, rum • Apparel • Uniforms, General Clothing • Furniture • Masonry, Windows and Doors • Agro processors

  4. Saint Kitts & Nevis ManufacturingGDP Impact Trend

  5. Percentage of GDP By Business Sector 2012

  6. Saint Kitts & Nevis ManufacturingSelected Economical Indicators Relevant Data Employees - Approximately 2,000 in 2012 Exports (Currency =XCD million) 2010 – $139.81 $110 – Electronic/Electrical $6.62 - Beverages 2011 – $163.42 $121 – Electronic/Electrical $9.03 - Beverages 2012 - $166.66 $132 – Electronic/Electrical $10.12 - Beverages

  7. Saint Kitts & Nevis Manufacturing Strengths • Stable political, social, economical and business environment • Business incentives and fiscal exemptions for local and foreign investors • Low cost producer relatively to USA and other developed countries • Free trade agreements and international initiatives to facilitate the free movement of goods • Caribbean Single Market Economy (CSME) • CARICOM • European Partnership Agreement (EPA) • Caribbean Base Initiative

  8. Saint Kitts & Nevis Manufacturing Strengths (cont.) • Strong Human Resources base • Trainable • Experience in manufacturing • Adaptability to meet markets demands • Adequate infrastructure • Diverse air and sea transportation services • Proximity to USA, South America, Central America and Caribbean Markets

  9. Saint Kitts & Nevis Manufacturing Other Important Facts • Bring new technologies • Continuous employee training and education • Create stable jobs • Employees work 40 hrs./week all year • Competitive salaries and working conditions • Participate actively in the community • Education scholarship • Sports and entertainment events • Support government and community initiatives • Maintain competition of cargo rates

  10. Saint Kitts and Nevis Manufacturing Challenges & Opportunities /Initiatives

  11. Saint Kitts and Nevis Manufacturing Challenges & Opportunities /Initiatives

  12. Saint Kitts and Nevis Manufacturing Challenges & Opportunities /Initiatives

  13. Thank You St. Kitts and Nevis Manufacturing

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