Business

Territory To Be Part Of Video Advertising In Times Square, New York, EDA Says

The Economic Development Authority (E.D.A.) on Friday announced that the territory will be part of the video attractions displayed in Times Square this holiday season in New York City. For its inaugural display in Times Square, the E.D.A. will feature a fast-paced teaser video with alluring images showcasing the U.S. Virgin Islands as a destination with favorable weather conditions, incomparable recreational activities, a rich culture, and opportunities for business investment, according to the release. The 15-second video is running in Times Square at the corner of 1500 Broadway & West 43rd Street from October through December 2018. The E.D.A. said the purpose of this video is to help encourage site selectors and potential business investors who live, or are visiting, New York City to consider the U.S. Virgin Islands as a place to explore opportunities for business investment and to apply for tax incentives through V.I. Economic Development Commission (E.D.C,). The E.D.C., a subsidiar...