“If there's one industry that we can develop right now to diversify our economies and make our economies competitive, it is to build a sporting industry in our region.”
The University of the West Indies (The UWI) Vice-Chancellor, Professor Sir Hilary Beckles made the statement at the official launch of The University's Faculty of Sport on Wednesday at The UWI Regional Headquarters in Jamaica.
Vice-Chancellor Beckles referenced a report which assessed the global sport industry to be valued at an estimated US$145 billion and growing at a rate of 4.5 per cent per year.