Tuesday 20 August, 2019

Destination Experience brings in US$100 billion in resources represented at Kingston event

Headline speakers included: co-founder and chairman of Fortress Investments out of New York, (with US$70 billion in assets under management) Wes Edens; Chairman of NCB Bank and founder of AIC, Michael Lee Chin; founder and chairman of Overstock.com, Dr Patrick Byrne, founder of Fremont Investment, Dr Sabrina Kay; Jamaica’s Minister of Finance Audley Shaw, Jamaica’s Prime Minister Andrew Holness ; Jamaica’s Ambassador to the United States, Audrey Marks and American entrepreneur Yanik Silver.

Destination Experience brings together entrepreneurs, business and social leaders to discuss economic development and investments.

Speaking with Loop News, Destination Experience founder Kirk- Anthony Hamilton said: “Many people don’t see Kingston as an investment opportunity, rather they see it as a place of crime. This year we wanted people to view Kingston as a city that attracts investments and we wanted to create a multiplier effect.  The aim was to get local enterprises engaged with international players.

“This year’s event was very well attended. Next year we intend to take the Experience outside of Jamaica and into the wider Caribbean.

Destination Experience’s partners for this year’s event were: Delta Airlines, Pan Jam, Jamaica Public Service (JPS), Jamaica Tourist Board (JTB), the Urban Development Corporation (UDC) and Mountainside Capital.

The host committee included Stephen Facey, Paula Kerr-Jarrett, Kelly Tomblin and Chis Reckord.

Kirk-Anthony Hamilton added, “Both Kingston and Jamaica are poised for growth and it is important that there is international participation working together with local companies to ensure that development and growth.

“Dr Patrick Byrne of Overstock.com has made significant investments in both Bitcoin and Blockchain  and believes they can both present benefits to the Caribbean and the region can be a pioneer in engagement with these tools. Such a concept was explored at Destination Experience and the idea of digital currencies and technological transactions can be a game changer for the Caribbean.” 

 

See more photos in the slider. 

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