Republic Bank Heads Seminar Geared At Economic Growth In The Tourism Sector

Republic House, St. George's; May 23, 2013: Further to the Republic Bank-sponsored one-day Business Summit themed: "Fast Forward Together, Reigniting Growth" held last month, the Bank facilitated another forum on Thursday, May 23rd, aimed at stimulating private sector activity in the area of sport fishing. The presenter on this occasion was Dr. Ellen Peel, President of the Bill Fish Foundation, Fort Lauderdale, USA, and President Obama's Commissioner for Recreational fishing. Other participants included Hon. Alexandra Otway-Noel, Minister of Tourism, Civil Aviation and Culture, marina operators, fishing club members, hotel operators, representatives from the Fisheries Division and the Grenada Board of Tourism, as well as senior managers of Republic Bank (Grenada) Limited.

The main objective of Dr. Ellen Peel's presentation was raising awareness among key stakeholders, of the economic benefits that can be realized, if Grenada invests in becoming a sport fishing destination, which requires the creation of a partnership between the Ministries of Tourism and Agriculture, and those  involved in the sport and commercial fishing sectors. Focus was also placed on sustaining the fish stock, beneficial to this form of tourism, for greater returns by means of establishing protections for juvenile billfish and landings limits.

Republic Bank is pleased to be associated with this forum geared to foster economic growth in the tourism sector through sport fishing.