Breaking Ground: Shaping Bermuda’s Future
On Thursday [May 15], the Bermuda Economic Development Corporation [BEDC], in partnership with the Urban Development Authority [UDA], will host the inaugural Bermuda Infrastructure and Development Summit at the Bermuda Underwater Exploration Institute [BUEI].
A spokesperson said, “Under the theme ‘Breaking Ground: Shaping Bermuda’s Built Future,’ this groundbreaking event will bring together industry leaders, policymakers, and community stakeholders to explore the challenges and opportunities shaping Bermuda’s physical and economic landscape.
“The Summit aims to foster meaningful dialogue around critical development issues such as housing, regulatory reform, financing, and inclusive growth. With a full day of panels, keynote presentations, and networking opportunities, attendees will gain insights into how Bermuda can create a more resilient, equitable, and economically vibrant built environment.”
“The BID Summit represents a pivotal step forward in aligning public and private sector efforts to accelerate responsible development throughout Bermuda,” said Erica Smith, Executive Director of BEDC. “By working together, we can identify innovative solutions, unlock financing, and breathe new life into our communities, ensuring that development benefits all residents.”
The spokesperson said, “The Urban Development Authority [UDA], formerly the Uptown Development Authority, will kick off the summit with a keynote presentation titled ‘Why This Summit? Why Now?’
“This opening session will highlight the UDA’s mission to lead redevelopment within Bermuda’s four Economic Empowerment Zones [EEZs]: North East Hamilton, South East Hamilton, Somerset, and St. George’s. The UDA aims to catalyze growth in these communities by identifying underutilized assets, encouraging investment, and applying creative development tools to support sustainable, inclusive regeneration.
“Panel discussions throughout the day will address pressing topics such as overcoming regulatory barriers, affordable housing, redevelopment of dilapidated properties, and financing mechanisms to spur economic growth. The event will also feature a keynote address by Heather Pinnock, Managing Director of LUCEA Caribbean, who will speak on housing as a driver of economic development.”
For more information and to register, contact uda@bedc.bm.
