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AMCHAM LAUNCHES TECH ISLAND SUMMIT 2025
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5 months ago
AMCHAM has officially launched the T&T and Republic Bank Tech Hub Island Summit 2025.
AMCHAM says the upcoming conference will seek to the push the country to accelerate digital transformation.
Sharla Kistow has the details.
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00:00
Amcham's Tech Island Summit is intended to be an avenue for accelerated digital transformation
00:06
through exploration of innovation and existing opportunities.
00:11
According to CEO of Amcham, Nirad Tiwari, it is important that TNT cements itself in the global tech value chain.
00:19
He says not only would the country benefit from better service to consumers and growth in exports,
00:24
but it would also create more jobs.
00:26
Tiwari says if used correctly, technology can improve our lives and enhance government services.
00:33
And the team for this year's conference is Engage, Execute and Evolve.
00:38
We have to widen the tax net and we have to do that by using technology to identify the leakage,
00:47
but also to make it easier to be voluntarily compliant because voluntary compliance drives up revenue collection significantly.
00:55
And you'll probably have heard me say this before if you've heard me speak on this,
01:01
but a simple, simple thing like using the GIS data that is available, overlaying it with businesses, taxpayers,
01:12
and seeing where the gaps are would allow for significant expansion of the tax net
01:18
and significant revenue collection immediately.
01:22
Republic Bank is a title sponsor of the event and its Vice President Richard Sami calls the summit
01:28
a nation-building initiative as it will define what the region becomes and what future generations inherit.
01:35
I also applaud Amtram for this year's theme of Engage, Execute and Evolve.
01:43
Because rarely in an era defined by relentless technological development and advancement,
01:50
one, how strongly we engage with both digital possibilities and people will be crucial,
01:57
two, how we strategically execute that transformation,
02:03
and then three, how we continuously evolve to meet this future that's just enveloping day by day.
02:11
Delivering his future, addressed Minister of Public Administration and Artificial Intelligence,
02:16
Dominic Smith says his ministry's goal is simple, to make TNT a digitally empowered nation.
02:23
MP and AI operates at the intersection of innovation and public service.
02:30
Our mandate is clear to modernize the public sector, spearhead digital transformation across all government,
02:39
and integrate emerging technologies, and in particular artificial intelligence, into our national development agenda.
02:48
You can get more information on the upcoming conference by visiting www.techislands.net.
02:57
Charlotte Kisto, TV6 News.
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