Beautiful Virgin Islands

Wednesday, Jul 23, 2025

BVI Was Held Back For Years – Premier Tells Business Leaders

BVI Was Held Back For Years – Premier Tells Business Leaders

While speaking at the Business Solutions Forum that was held in conjunction with the BVI Chambers of Commerce and Hotel Association on November 26 Premier and Minister for Finance, Hon. Andrew Fahie announced that the BVI will be leaping into 2020 with a number of economically viable options to explore.
This new era, the BVI Leader announced, is testament to Virgin Islanders’ resilience because he stated that the Territory has been held back by forces outside its borders for a long time.

The Premier told the gathering of business leaders, heads of Departments and Statutory bodies that the progress of the BVI thus far has been at the push and perseverance of the people of the Territory, despite the challenges that they have faced.

“The BVI is an economic powerhouse, but it has been held back. It has been held back by external forces that have placed a glass ceiling above us,” Premier stated.

In noting how serious the situation was Hon. Fahie said, “It (BVI) has been held back because our people have been indoctrinated into believing that we should not dream big; that we are not capable of being much.”

As he commented that it is the start of a new era, Hon. Fahie declared, “It is time to wake up the slumbering giant and the elephant in the room for the BVI is on the move. Recovery has its place. Delivery has its place. And, we are moving forward towards greening the BVI in 2020...The BVI of today and the success stories we have seen over the years, is as a result of the fighting spirit of our forefathers, which is passed down to us through our blood and in our DNA.”

The Premier added, “Our forefathers, just a few generations ago, were innovators, entrepreneurs and builders. So, we have it within ourselves to transform this Territory...Government is doing its part. We believe that by helping you to increase your efficiency and effectiveness, we are also helping you to increase your profits and your return on investment.”

He further announced that this is just the start of great things.

“I believe we have only scratched the surface of what we are capable of as Virgin Islanders I believe we can create a sustainable, top performing economy that will provide our people with resilience in every aspect of the word; and, I believe we can get all of our people into meaningful, well-paying jobs and careers. This and more, is possible when we work together,” Hon. Fahie said.
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