US$28.7m CPL boost

BARBADOS had the highest investment as the 2014 Caribbean Premier League (CPL) pumped US$166 million into the region’s economy, a new independent economic impact study revealed, yesterday.

The study, conducted by SMG-Insight/YouGov, described as of the world’s leading sports measurement, research and analysis companies, says the figure represents a significant increase of 58 per cent on the 2013 CPL.

It said US$28.7 million was invested into Barbados, which was even more than the US$25.1 million which was invested into St Kitts and Nevis, the host country for the final and semi-finals.

According to the study, thousands of new jobs were created in tourism and travel across the region and more than 156 000 jobs positively impacted. (EZS/CMC)

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