Michael Lee Chin to establish a multi-billion investment fund for the Caribbean region

Expected to be launched by the second quarter of 2005, the fund will take positions in both new companies and start-ups in the region. AIC , of which Lee-Chin is chairman and a 95 per cent shareholder, would use the investment fund for investment in four principal areas. Tourism, the financial services, infrastructure, media/communications and potentially telecommunications.

Over the last few years Mr. Lee-Chin has invested in a number of companies in the Caribbean region including a 44 percent stake in Jamaica's Kingston Wharves, Cable & Wireless, Radio Jamaica, Red Stripe, and an assortment of real estate properties.

Related Sponsors:

If you like this article then please consider subscribing to our feed. You can also subscribe by Email and have new posts sent directly to your inbox. You can also subscribe by adding our feed to one of the following services by clicking on the appropriate buttons.