24 July 2017News

BDA looks forward to working with new Government

The Bermuda Business Development Agency (BDA) has welcomed Progressive Labour Party Premier David Burt and his Cabinet following the official swearing-in ceremony at Government House.

BDA CEO Ross Webber said that he commended the PLP's prioritisation of fiscal responsibility, and said the Premier's pledge to work closely with the whole Bermuda community was a "unifying" message, underscoring for global audiences the island's long-time reputation as a collaborative jurisdiction.

Eleven Ministers and five Senators were sworn into office by Governor John Rankin following the PLP's 24-12 election victory Tuesday. Among them were the Premier, who also took on the portfolio of Finance after having served as Shadow Finance Minister since 2012, and Jamahl Simmons, who was named Minister of Economic Development and Tourism.

Webber said he and his BDA team look forward to working closely with Premier Burt, Minister Simmons, and other stakeholders, on jurisdictional and international business issues critical to the island's economic wellbeing.

"The BDA sends congratulations to Premier Burt and his new Cabinet, and we applaud the Premier on his clear message of collaboration," said Webber. "The Premier's message on fiscal responsibility, transparency and partnership was reflective of all the attributes which give Bermuda its top-tier status as a leading global financial centre.

"Bermuda is different to every other international financial jurisdiction in the world," added Webber, "and our whole community recognises economic success has been built on that same strong spirit of collaboration and transparency. Long may it continue."