Industrial Development and Technology Transfer among the Member States of the Caribbean Community implemented by UNIDO
2026/5/22
Courtesy call by UNIDO and IPCU team (May 20th, 2026)
From left： Mr. Dominik Koc,Junior Research Economist, UNIDO Ms. Jennifer Taborda Martinez, Value Chain Expert for UNIDO Dr. Nobuya Haraguchi, Chief, Research and Industrial Policy Advice Division, UNIDO Ambassador Yamakura First Secretary Shinya Mr. Florian Hespeel, Communications Associate, UNIDO Mr. Daryl Manzanero, Investment Officer, IPCU
On May 20, Ambassador Yamakura received a courtesy call from representatives of the United Nations Industrial Development Organization (UNIDO) and the Investment Policy and Compliance Unit (IPCU), the Government of Belize counterpart for the Grant Aid titled “The Project for Industrial Development and Technology Transfer in the Member States of the Caribbean Community” which covers 14 CARICOM countries and one territory, including Belize. They exchanged views on the potential of Belize’s blue and green industries and on how the project could contribute to attracting foreign investment, including from Japan.
Japan signed for a UNIDO project in 14 CARICOM countries: “The Project for Industrial Development and Technology Transfer in the Member States of the Caribbean Community”
CARICOM countries face vulnerabilities such as the effects of climate change, frequent natural disasters, and economic structures that are dependent on specific industries such as tourism. In addition, industrial policies in many countries prioritize investment in agricultural and manufacturing sectors to diversify their economic base.
In December 2024, a grant aid for “The Project for Industrial Development and Technology Transfer in the Member States of the Caribbean Community" was signed. This project will contribute to overcoming the vulnerabilities of CARICOM countries by providing equipment utilizing technologies of Japanese companies, inviting CARICOM government officials in charge of investment promotion to Japan, and providing technical cooperation in the industrial sector, thereby facilitating industrial diversification and addressing development issues through utilization of the expertise of Japan and UNIDO.
The project has three pillars: 1) investment and business promotion, 2) technology transfer in the agro-industrial sector, and 3) industrial structure analysis and policy-making capacity development.
In December 2024, a grant aid for “The Project for Industrial Development and Technology Transfer in the Member States of the Caribbean Community" was signed. This project will contribute to overcoming the vulnerabilities of CARICOM countries by providing equipment utilizing technologies of Japanese companies, inviting CARICOM government officials in charge of investment promotion to Japan, and providing technical cooperation in the industrial sector, thereby facilitating industrial diversification and addressing development issues through utilization of the expertise of Japan and UNIDO.
The project has three pillars: 1) investment and business promotion, 2) technology transfer in the agro-industrial sector, and 3) industrial structure analysis and policy-making capacity development.