St. Vincent and the Grenadines is well poised to take advantage of developments and investments in the Information and Communications Technology (ICT) sector due to its excellent telecommunications network, the training currently being offered in the field, the country’s proximity to North America and Europe. Heavy investments in higher education in Information Technology and plans for a new technology park will increase investment prospects in this sector. Value added services to telecommunications, Intellectual Property, Research & Development and Medical transcriptions are areas for investments that can be pursued in Saint Vincent & the Grenadines. English as a first language is a clear advantage over countries in the Far East in the transcription of medical notes dictated by Physicians. Similarly, Saint Vincent & the Grenadines is an attractive location, particularly since individual companies with proprietary software are finding it attractive to register offshore.
The Invest SVG is actively involved encouraging Small and Medium-size Enterprises (SME) in the ICT sector to develop their projects, and to seek investment for available sources, whether locally or overseas. Further, the Government has taken the initiative to ensure the availability of trained individuals in ITC through the National Institute of Technology
(NIT), higher education in Information Technology is being made available to increasing numbers of Vincentians. Some areas of training include MCSE, MCSA, CompTIA A+ Certification, and Training in Medical Transcription.
The Government is open to partnering with the Private Sector in order to establish an IT college. The overall objective of this training strategy will, in the short term, allow St. Vincent and the Grenadines to offer a pool of trained individuals in the areas of:
· Software development
· IT enabled services (call centres, back office processing etc)
· ICT Content/Data Base Creation
· Computer Hardware repairs and sales
· Contract programming Web page development ICT training Services
· Data communication, internet and ICT services provision
· Geographic Information System and Image Processing
Information and Communication Technology (ICT) is a youthful industry in St. Vincent and the Grenadines. Persons interested in investing in ICT at this time have the unique opportunity to help shape and influence the direction of this key sector.www.gov.vc