BDA publishes annual report
The Bermuda Business Development Agency (BDA) has released its 2021 End of Year Report on its mission to encourage inward direct investment and economic growth for Bermuda.
Examples of economic investment opportunities created by the BDA in 2021 include: 47 Economic Investment Certificate (EIC) leads generated and 13 EIC applications approved for a total investment of $236 million.
As part of Bermuda’s efforts to establish the jurisdiction as a climate risk finance capital, the BDA: led three climate risk finance roadshows to NYC ; produced a Bermuda Angle Webinar featuring experts from the Bermuda Monetary Authority, the Bermuda branch of the Alternative Investment Management Association and the Association of Bermuda Insurers and Reinsurers, with a focus on climate risk finance; attended COP26; and created a new climate risk finance webpage and climate central video.
David Hart, BDA CEO said, “2021 saw the BDA implement initiatives and events to promote Bermuda as an ideal place to both work and live, bringing in critical investment to strengthen Bermuda’s economy and positioning the jurisdiction as a global leader. I was fortunate to join the BDA as CEO in late 2021 and from the moment I started I saw the tremendous work this agency does. The BDA continues to be a vital asset to Bermuda’s efforts to globally promote its advantages and bring business investment and opportunities to the island.”
