BDA CEO Meets With Minister Simmons

July 28, 2017

Following a meeting with the Minister of Economic Development & Tourism, the Bermuda Business Development Agency affirmed a “positive partnership in its work to support Bermuda-based companies and attract new business for economic growth.”

BDA CEO Ross Webber sat down with Minister Jamahl Simmons and his Permanent Secretary Randy Rochester at Ministry headquarters.

“It was a productive meeting. The Minister was very positive about the BDA’s role,” said Webber afterwards. “We agreed on the importance of close collaboration in our work to benefit all of Bermuda.”

Minister of Economic Development & Tourism Jamahl Simmons speaks with BDA CEO Ross Webber

BDA CEO with Minister Simmons Bermuda July 27 2017

Webber said the meeting included discussion about the agency’s funding, structure, and the best model for sustainability. They also talked about expanding the BDA’s regional business-development horizons to explore more geographic areas, in particular, the Middle East, China, and other parts of Asia.

“We spoke about development of Bermuda’s banking infrastructure and the need for more banking options, as well as access to seed and venture capital and angel investors,” Webber said. “Given the newly combined portfolios of Economic Development and Tourism under his Ministry, we also discussed expanding the synergies between tourism and business.”

Notably, the meeting also focused on the BDA’s comprehensive schedule of local and overseas industry conferences, roadshows and events—and the agency’s intent to include ministerial representation on many of these to showcase the jurisdiction’s strong collaboration between government, industry and regulators. Last year, the BDA participated in a total of 62 conferences and events.

“The Minister advised we should continue unfettered, and be aggressive about getting the word out far and wide that Bermuda is indeed open for business,” Webber added.

“On behalf of our BDA team, we are grateful for the Minister’s support and very much look forward to working with him and his Ministry.”

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Comments (7)

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  1. inna says:

    Didnt these guys berate the OBA for ‘photo ops’ ?

    How many have the PLP had in how many days ??

    • Joonya says:

      Yeeeeup.. Silence from them..

    • Can't believe it says:

      Inna you are an idiot. The PLP are introducing themselves as the new Government what do you expect them to do. I would think thst you have more to be concern about in your failing party the OBA. You just got your butts kicked more than any Government in the history of Bermudian politics. You can’t seem to get over it. Many of your surrogates are saying they didn’t treat people well. Concentrate on trying to figure out how to treat people like human beings. You come across as wanting for PLP to fail. Dont hold your breath. With the help of God the PLP will do well.

      • Toodle-oo says:

        *You just got your butts kicked more than any Government in the history of Bermudian politics.*

        Your gloating is clouding your vision and messing with your memory .

        1985 – UBP 31 seats PLP 7 (IND 2 seats)

  2. Rocky5 says:

    “The Minister advised we should continue unfettered, and be aggressive about getting the word out far and wide that Bermuda is indeed open for business,” Webber added. In other words, So just continue what they were doing under the OBA….

  3. Warlord3 says:

    We are in trouble if Jamal is left to his own device about economic development.Just be a puppet Jamal and don’t open your mouth.

  4. Smiths says:

    ..and Jamahl has no f’ing idea what he is being told. Just staring into space.