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Richard Le Tocq To Lead LocateGuernsey

by Jason Gorringe, Lowtax.net, London
30 October, 2015

The chairman of the Guernsey branch of the Institute of Directors, Richard Le Tocq, has been named as the new Head of LocateGuernsey, the island's new inward investment agency.

LocateGuernsey provides assistance via its network of business representatives, who can give advice, facilitate meetings, and act as general ambassadors for the island. The agency is intended to encourage businesses and high net worth individuals to relocate to the island. Over 50 relocation inquiries from off-island businesses and individuals have been submitted to the Commerce and Employment Department this year.

Mr Le Tocq, who begins his post in January 2016, said: "LocateGuernsey will be the most effective if it works collaboratively with on-island businesses, so getting these partnerships established will be a key part of my role."

Guernsey's Commerce and Employment Minister Kevin Stewart said: "Along with the recent announcement of the location of the Digital Greenhouse, this expansion of dedicated LocateGuernsey resources underlines how important the Department views proactivity and business development. We expect each project to be very positive for the other and LocateGuernsey will lead to enhanced business flows into Guernsey and, we expect, greater sales activity in the Open Market as well as a result."

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