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X-WR-CALNAME:Legislature of the United States Virgin Islands
X-WR-CALDESC:"United in Pride and Hope"
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BEGIN:VEVENT
CLASS:PUBLIC
UID:MEC-340fb7d8e05b611f8350a934a53ca7c6@legvi.org
DTSTART:20260114T140000Z
DTEND:20260114T220000Z
DTSTAMP:20260107T172500Z
CREATED:20260107
LAST-MODIFIED:20260109
PRIORITY:5
SEQUENCE:4
TRANSP:OPAQUE
SUMMARY:Committee on Economic Development and Agriculture:
DESCRIPTION:The Committee on Economic Development and Agriculture has scheduled a meeting for Wednesday, January 14, 2026, at 10:00 AM in the Frits E. Lawaetz Legislative Conference Room, St. Croix, Virgin Islands to provide testimony on the following: \nBLOCK I 											  10:00 A.M. – 12:00 P.M. \nThe Committee on Economic Development and Agriculture will receive testimony from the West Indian Company, Ltd (WICO) on the following:\n•	Overview of WICO’s current financial status, including key revenue streams, operational challenges, and    financial performance indicators.\n•	Status of WICO’s Payment in Lieu of Taxes (PILOT) debt, including total amount owed, repayment plans, and impacts on financial operations.\n•	Leadership transition plan, including succession planning, timeline, and measures to ensure organizational continuity and stability.\n•	Update on infrastructure and berthing capacity improvements, specifically addressing timelines for planned dredging and facility enhancements.\n•	Strategic collaborations and partnerships with government agencies, private entities, and other stakeholders to strengthen economic contributions. \nInvited Testifier:\nJoseph B. Boschulte, President/CEO, West Indies Company, Ltd (WICO) \nLUNCH 											          12:00 P.M. – 12:30 P.M.\nBLOCK II											  12:30 P.M. – 2:30 P.M.\nThe Committee on Economic Development and Agriculture will receive testimony on the following Bill: \nBill No. 36-0194	An act urging the United States Congress and the Office of the United States Trade Representative to expand and modernize the Caribbean Basin Initiative (CBI) to further support economic growth and development in the Virgin Islands and the wider Caribbean region. \nInvited Testifiers:\nDr. Kendra L. Harris, Dean of School of Business, University of the Virgin Islands\nSandra L. Setorie, Executive Director, Virgin Islands Public Services Commission\nDr. Haldane Davies, Director, Virgin Islands Bureau of Economic Research\nEric Sonnier, Executive Director, University of the Virgin Islands Research and Technology Park\nDamie Sinanan, Executive Director, Caribbean Export Development Agency\nValerie Henry, Program Officer, Caribbean Export Development Agency\nVanessa Ledesma, Representative, Caribbean Hotel & Tourism Association\nDr. Justin Ram, CEO, Justin Ram Advisory\nDr. Didacus Jules, Director General, Organization of Eastern Caribbean States (OECS\n
URL:https://legvi.org/events/committee-on-economic-development-and-agriculture-23/
ORGANIZER;CN=Senator Hubert L. Frederick:MAILTO:senatorlfrederick@legvi.org
CATEGORIES:Economic Development and Agriculture
LOCATION:St. Croix
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