Dominica ranked among top ten cost effective Caribbean countries of the future

 

Roseau, the capital of Dominica. Photo by Frederick Francis

Foreign Direct Investment (FDI) Intelligence Division has ranked Dominica among the top ten best cost effective Caribbean and Central American countries of the future.

Dominica was ranked at number eight, right on the heels of St. Lucia which was ranked at number seven. St. Vincent and the Grenadines was the only other OECS country to be ranked. That country was ranked at number three.

The entire list is as follows:

Rank        Country
1               El Salvador
2               Trinidad and Tobago
3               Saint Vincent and the Grenadines
4               Dominican Republic
5               Belize
6               Montserrat
7               Saint Lucia
8               Dominica
9               Guatemala
10              Curacao

FDI is a British media group and the Countries of the Future shortlists are created by an independent collection of data by the fDi Intelligence division across 31 Caribbean & Central American countries.

Disclaimer: The comments on this page do not necessarily reflect the views of DominicaNewsOnline.com/Duravision Inc. All comments are approved by DominicaNewsOnline.com before they are posted. We never censor based on political or ideological points of view, but we do try to maintain a sensible balance between free speech and responsible moderating.

We will delete comments that:

  • violate or infringe the rights of any person, are defamatory or harassing or include personal attacks
  • are abusive, profane or offensive
  • contain material which violates or encourages others to violate any applicable law
  • promote hatred of any kind
  • refer to people arrested or charged with a crime as though they had been found guilty
  • contain links to "chain letters", pornographic or obscene movies or graphic images
  • are excessively long and off-message

See our full comment/user policy/agreement.

41 Comments

  1. namich2008
    September 2, 2011

    people,

    After reading through this report, I must say I have serious reservations about this report on a whole.

    For example, we can see they have different categories they base their report on, however what is not available in the report is the criteria use to determine what category in one country is better than that of another country.

    To emphasize my point, my work deals in the countries of Aruba, Curacao, St.Maarteen,Turks and Caicos and the three other Dutch Overseas territories of Saba, Bonaire and St.Eustatius. I travel to these countries constantly, and I can tell you without a doubt that there is no way the infra structure of Curacao is better than that of Aruba. Also the infra-structure of Antigua and Barbuda is better that that of Puerto Rico.

    Are you people kidding me.I would like to know how these people undertook this study.

    Another point worth noting:

    Guadeloupe ranked number three and even Barbados made the list in business friendliness. ……Hello…

    Even on this website was a number of comments made sometime ago about the attitude of the business community of Barbados when it come to being friendly to customers…especially coloured customers.(I am not trying to be racially motivated here)

    The same attitude is rampant on the French overseas territories. On St.Barths for example, if you are a coloured individual… they treat you like your no body even if you have money to spend.

    Let us take a look at internet user per Capita. As a computer network manager, the major ISP provider in the north are from Puerto Rico and via the French Territories:Guadeloupe, and this reports says that countries such as Lucia and SVG has a higher internet user per capita than countries such as Puerto Rico.
    This is laughable and seriously flawed.

    They need to come better than that.

    So I am jot taking this report at face value. To me it has numerous inaccuracies.

    • Anonymous
      October 24, 2011

      I agree 100%, especially when comes to Barbadians being friendly I don’t think so they are the most unfriendliest people of all the caribbean islands. :?:

    • January 31, 2013

      I have studied in Barbados on more than one occasion. Travelled to the island too many times for conferences, workshops, holidays and for medical purposes. You will find the not so friendly Barbadian like the not too friendly Dominican; but when it comes to business they are very professional and friendly. Never had any problems.Some people form their personal expectations of others and therefore behave in ways that cause these expectations to be fulfilled.

  2. Why NOT
    September 1, 2011

    @Nohogwash….You seriously have competency issues. DO you not think that all persons following DNO have the capability of hitting the search button on their computers to read more or are you that blind not to notice that we are in fact professionals at best in the English Language which we speak. DNO send out the fishnet and we come to buy. IDIOT. TAKE SOME NIGHT CLASSES IF THAT HELPS. EVEN DO IT ONLINE..They do that too didn’t you know…?

  3. Why NOT
    September 1, 2011

    FDI’s Criteria for Cost effectiveness:

    Off course Dominica would be placed on that list: EASY TO SELL OUT …. THE ORDINARY LOCAL BUSINESS PERSON AND I MEAN REALLY LOCAL DON’T STAND A CHANCE WE ALL KNOW THOSE WHO CAN:

    Cost effectiveness
    • Cost of registering property
    • Cost of dealing with construction
    permits
    • Total tax rate, percentage of profit
    • Office costs
    • Minimum wage
    • Room rate for four-star hotel
    • Cost to export
    (Information collected by fDi Benchmark)

  4. Why NOT
    September 1, 2011

    FDI’s Criteria for Cost effectiveness:

    Off course Dominica would be placed on that list: EASY TO SELL OUT …. THE ORDINARY LOCAL BUSINESS PERSON AND I MEAN REALLY LOCAL:

    Cost effectiveness
    • Cost of registering property
    • Cost of dealing with construction
    permits
    • Total tax rate, percentage of profit
    • Office costs
    • Minimum wage
    • Room rate for four-star hotel
    • Cost to export
    (Information collected by fDi Benchmark)

  5. fatty batty
    September 1, 2011

    a day work 8-4pm 8-5pm in DOMINICA 20,25 30 35.WAKE UP WAKE UP WAKE UP my sleeping country.I NEED TO COME home.

  6. Nohogwash
    September 1, 2011

    @ 1979, I am playing with admin! But he should allow the link am referring to Dominicans need the information on it. Don’t worry it is being spread around by other means! It is growing!

  7. thinker
    September 1, 2011

    That was one column of the overall statistics published. Why hide the rest? Is it because DA received no ratings in the others?

    • BUWO
      September 1, 2011

      At least Dominica appeared somewhere. Shouldn’t we at least be thankful? Some countries did not even appear. Would you feel better if Dominica didn’t appear at all. Toneh.

  8. Respek
    September 1, 2011

    super-kali-fragi-espialli-docious<> just came to mind…Big up dominica….have a great day ….DNO giving to me with dem straight up answers wi….dno big up!!. :lol:

  9. Anonymous
    September 1, 2011

    EVERYDAY DOMINICA RANKING, I WOONDER IF THEM PEOPLE THAT RANKING DOMINICA EVER REALLY LIVED IN DOMINICA SAK WEY GARS

  10. Nohogwash
    September 1, 2011

    DNO will you please give Dominicans the opportunity to see and read some information other than what you are feeding them? What does it take from you? How will that affect you? Why do you refuse to post this link?

    ADMIN: We are NOT a free advertising agency. There are tons out there, so if you want some publicity, hire one. Or buy an ad on DNO.

    • Nohogwash
      September 1, 2011

      But you allow links from all other websites though! I know what is going on DNO, I know what is going on. It is not a business website and you now it! We know what is going on!

      ADMIN: We do provide links to websites that is related to the matter at hand. You have an issue? Here is a tissue!!

      • Nohogwash
        September 1, 2011

        You guys so unprofessional! You fall right into the cabal! I have no issue, I don’t need you tissue. There are millions of people on facebook and I ma free to post my links there, additionally, I can post them on all other Caribbean blogs.. You are not all that!! LOL!

        ADMIN: Why don’t you head over to Facebook and stay there. We post 95 percent of your comments and yet you say we defending the so-called ‘cabal.’ Just pray that we don’t permanently block you. lol

        Like or Dislike: Thumb up 0 Thumb down 6
      • 1979
        September 1, 2011

        easyyy hogwash, admin doing the best he can with what he’s got….. not everything is as it appear. believe me I know. me and admin have butted heads for a long time…trust me admin not up to nothing man….just cool, make your point and be done with it, it takes money to maintain the website we read and post for free so don’t sweat it.

        Like or Dislike: Thumb up 3 Thumb down 0
  11. 1979
    September 1, 2011

    ADMIN…have I said anything wrong?? whats wrong with my comments??

    • 1979
      September 1, 2011

      admin i didn’t mean for you to post that nuh.. i was jus asking.

  12. ineedfree
    September 1, 2011

    Khastro;

    good info. I observed that Waitikubuli appeared in one category alone.

    good or bad?

    • khastro.
      September 1, 2011

      As you can see, they were not giving us the full picture. Did we arrive at the same conclusion?

      • 1979
        September 1, 2011

        8)

        Like or Dislike: Thumb up 1 Thumb down 1
  13. D/a Massive
    September 1, 2011

    Big up to D/ca and the Government. Keep up the good work. Lets all chip in and maintain our economy.

  14. 1979
    September 1, 2011

    we need local financial institutions to enable more locals to invest in the development of Dominica….we want as locals to be a larger part of the driving force behind our development. let Dominica be indebted to Dominicans for the development of Dominica. That is the only way we can curb the assimilation of Dominica by foreign entities under the guise of Development aid. this to me is a hopeless request, as most locals and the government are dead set to sell the island piece by piece.

    • WIKILEAKS
      September 1, 2011

      As a local Financial Institution, they would not provide funds to you…you spend too much time on DNO…there is no ROI to be recouped from being on the Internet 24/7

      You are an activist

      • 1979
        September 1, 2011

        you would always know what I am wikileaks… :mrgreen:
        lets just hope you know what you!! are.

        I am one individual who needs NO financial assistance buddy. I also earn more than you OBVIOUSLY. That’s why I always have some free time to drop a line on DNO. like I said. your EGO is my stress ball, i like to give it an occasional (((((SQUEEZE)))) MMMMMM THAT FELT GOOD…I must scan and publish my property title for you…would that satisfy your lust for me??? 8)

        Like or Dislike: Thumb up 3 Thumb down 1
      • 1979
        September 1, 2011

        if not maybe a kisss would do….. ADMIN where your kiss icon nuh??? i want to give wiki a kisss… <<<<>>>> mmmm wiki ou dou!!

        LOL

        Like or Dislike: Thumb up 3 Thumb down 0
    • DE CARIBBEAN CHANGE,
      September 1, 2011

      get a job, 1979.

      • 1979
        September 1, 2011

        LMAO you jalousie we DE CARIBBEAN CHANGE…

        MMMMMWAH….LOOK A KISS TOO, JALOU….

        this dynamic duo making my cheeks hurt smiling
        :-D we must link up for a threesome..

        all this for lil ol MOI…..wooosh!!! LOL

        Like or Dislike: Thumb up 2 Thumb down 0
  15. Donald Tusk
    September 1, 2011

    Jones & Paul u forget the list for High Taxes
    Total tax rate % of Profit
    1)Trinidad & Tobago
    2)Belize
    3)St.Lucia
    4)ElSalvador
    5)Dominica

  16. Donald Tusk
    September 1, 2011

    :wink: Thank u for the report, but Dominica did not make the
    Best Economic potential List
    Best Infrastructure List
    Best Business Friendliness List
    Best for Quality of Life List (I was shocked)
    Best FDI Strategy List
    Best Human Resources List

    When an investor read this report, they will not look at the Cost effective country list, i hope u fellas improve.

    • namich2008
      September 2, 2011

      That is what I wanted to know Donald. Good posting.

  17. mouth of the south
    September 1, 2011

    so really what this means…. when the powers that be diminish others… they will certainly come n diminish our resources at very low spending cost… this is of no benefit to us but to investors who may want to come and take advantage…. remember we were ranked 10 least populated… so there’s supposedly many opportunities available to those with money

    • WIKILEAKS
      September 1, 2011

      Moouth, this is very basic economic. Production and cost of labour. With the new Geothermal on stream, we will be well poised to harness our new potential to be a manufacturing power house in the Caribbean.

      So lets Dream big for DA and not shoot down everything we see good coming our way.

      Don’t be another lennox linton, Angelo Alleen kind of person

      There is much more to life than this constant negativity.

      • 1979
        September 1, 2011

        :mrgreen: wiki u make me laugh, though we DO see eye to eye with regard to the manufacturing bit. please ensure with all the BIG DREAMS….. these areas are taken into consideration.

        1. practicality
        2. reality
        3. local ownership
        4. that foreign investors make significant contributions to Dominica’s’ treasury. be it tax or whatever for the use of our resources.
        5. that no outrageous concessions are given.
        6. please don’t make us give away our prime properties to foreigners let them LEASE!
        7. please ensure that the maleweh Dominicans who have good business ideas can gain financial support to see the materialization of there venture.

        in other words, please ensure that Dominica, and Dominicans. get what they deserve. we know we are never the lucky ones in any deals being struck by ehhhemmmm we all know the rest….. please don’t let us wake up one day and have to pay to access the beautiful things that we once were free to enjoy in our homeland…. please don’t render us unable to acquire any good piece of property because it all bought up by New Yorker’s and fortune 500 companies…

        we all know your family will come out good, when the investing taking place….. but don’t be a crab, please think of other Dominicans and their families as well. i know some of you don’t feel anything as long as you’re not in the hot water…

        Well-loved. Like or Dislike: Thumb up 7 Thumb down 1
    • 1979
      September 1, 2011

      that is the big secret that they want to put over our eyes…..only a few Dominicans Going to be enriched by these “investments” when these foreign investors drop anchor in Dominica
      they just going to be suck suck sucking!!!! If we are smart as Dominicans. we will ask the government to start supporting LOCAL INVESTORS AND PEOPLE WITH INNOVATIVE IDEAS, ASSIST THEM IN GETTING FUNDING TO PROMOTE LOCAL ENTREPRENEURSHIP AND INVESTMENT….
      BUT I THINK POWERS THAT BE ALREADY KNOW WHAT THEY ARE ABOUT…..AND MOST OF US ARE SLEEPING RATHER THAN TENDING TO OUR COUNTRIES AFFAIRS. WE WANT TO SIT DOWN AT RAZE EACH OTHER WITH CHAT….THAN PRESSURE THE GOVERNMENT TO ACT FOR THE TRUE EMPOWERMENT AND ENRICHMENT OF THE LOCAL CHICKEN.

    • Anonymous
      September 2, 2011

      exactly mouth of the south. when will the cycle stop. developing countries let western and asian investors come in deplete the natural resources ruin the economy then move on to the next place leaving the country just as poor as it was before the investors ever came. if we are to grow we have to invest from within like the japanese did after wwii or like the chinese. \

      • 1979
        September 2, 2011

        can you imagine there is an illiterate somewhere who doesn’t understand this concept and is just waiting to give you a thumbs down.
        it just shows that there are traitors within Dominica itself…..whats wrong with the persons comment. if you thumb it down in disagreement… where is your rebuttal??? some people are just plain jack#&&es. GO BACK AND GET SOME TERTIARY EDUCATION… IF EVEN THAT CAN HELP YOUR BROKEN MIND AT ALL….

        Like or Dislike: Thumb up 0 Thumb down 0
  18. khastro.
    September 1, 2011
    • 1979
      September 1, 2011

      HEY HEY HEY WAIT A MINUTE!!……..the only areas I see Dominica Rated here is under cost effectiveness (cheap labor) and naturally if u getting cheap labor that is going to increase your profit percentage….this doesn’t spell good for Dominica, unless the investing company has a GENUINE interest in helping the people of Dominica.

      • Nohogwash
        September 1, 2011

        Oh Dominica, Dominica, Dominica, how my heart bleeds for my country and my people! We are so happy that we are being recognized as a cheap labor destination!! I just have to shake my head when I come on DNO I am in awe of the ignorance that still remains so prevalent in my country in 2011!!! WOW Dominica, wake up! wake up! Wake up please!! I beg you!

        Like or Dislike: Thumb up 5 Thumb down 2

Post a Comment

Your email address will not be published. Required fields are marked *

:) :-D :wink: :( 8-O :lol: :-| :cry: 8) :-? :-P :-x :?: :oops: :twisted: :mrgreen: more »

 characters available