Dominicans have an opportunity to participate in the manufacturing sector says NIPP Inc Investment manager
Nature Island Paper Products Incorporated launched its new company Nature Island People’s Paper Company Ltd.
Earlier this year proprietor of Nature Island Paper Products Incorporated announced the decision to place the assets of the company for sale on the open market.
The transition from Nature Island Paper Products Incorporated (NIPP Inc.) to Nature Island People’s Paper Company (NIPPCO) gives Dominicans an opportunity to own the paper products facility by allowing all Dominicans, at home and abroad, the opportunity to invest in the only paper manufacturing facility on the island.
Investment manager of Nature Island Paper Products Incorporated McDonald Thomas believes that Dominicans have an opportunity to participate in the manufacturing sector.
Despite the popular belief that manufacturing requires direct foreign investment in Dominica as was proven with Dominica Coconut products being bought by Colgate-Palmolive Thomas stated that this opportunity is tremendous should Dominicans both here and abroad participate in this venture.
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