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Antigua and Barbuda to aggressively grow European Market

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Antigua and Barbuda tourism officials have returned to Antigua and Barbuda having participated in the ITB Travel Trade Show, held from March 6 to 10 in Berlin, Germany.

The trade show is considered the World’s leading travel trade show and the largest exhibition of its kind in Europe, with over 10,000 exhibitors from 185 countries and over 109,000 visitors.  The event brings together trade from not only Germany but also Italy and emerging source markets in Eastern Europe to do business with destination’s worldwide.

Antigua and Barbuda’s delegation led by Minister of Tourism, Charles Fernandez, included, Antigua and Barbuda Tourism Authority’s CEO Colin C. James, and Director of Tourism for UK & Europe Cherrie Osborne.  Royalton Resorts, Ocean Point Resort and Spa, The Great House, Villas at Sunset Lane, Carib World Travel and St. James Travel and tours, were also partners on the Antigua and Barbuda tourism stand.

Coming out of meetings, the Tourism Minister said, “The German speaking market remains an important source market for the destination being the third largest European source market after the UK and Italy.  While the onset of Brexit is creating some uncertainty in the marketplace, the strategy of aggressively growing European business is at the forefront of the destination’s focus.”

Antigua and Barbuda recorded over 21,000 continental European arrivals at the end of 2018 reflecting a growth of 4 per cent with potential for further growth.

“Antigua and Barbuda will continue to support the growth in the market, by working with Condor airlines and our tour operator partners within the region,” said Minister Fernandez.

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The German travel trade were excited at the news of major television coverage in Germany for Antigua and Barbuda this year.

 

 

German film productions ‘Grenzenlos – Die Weltentdecken’ and ‘Traumschiff’ are expected to bring great awareness to the destination. The travel documentary Grenzelos will air on Saturday 7th April and will reach an audience of 1 million.  Traumschiffwhich is currently being filmed on island, is a highly popular, family-orientated, prime-time German TV-series produced for the second largest German Television Network. The show will be broadcasted in Germany, Austria and Switzerland.

Antigua and Barbuda Tourism officials also used the ITB exhibition to preview amongst a group of 30 influential bloggers the destination’s upcoming summer campaign ‘What Cool Looks Like’.

The Antigua and Barbuda team conducted a packed schedule of meetings with tour operators, cruise operators and airlines.  European tourism partners also received updates, on the latest plans for hotel developments in the destination and the increased prospects for tourism in Antigua and Barbuda.

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]