Opportunities

Opportunities

Whether you are a large or small manufacturer, a producer of niche or mass products, or an assembly house, there is an opportunity for you right here in Jamaica.

Agro-processing 

The increased demand for Jamaica's unique and diverse range of food products from both the local and export markets has opened up significant room for expansion in agro-processing. Within the context of manufacturing, the agro-processing industry contributes to adding value to Jamaican agricultural products as well as generating employment opportunities in rural areas. Chief among Jamaica's agro-processing outputs are beverages, fruit jams, jellies, preserves, liqueurs, condiments, sauces and confectionery.

Medical Devices

Investors can count on cost competitiveness and other key advantages when they choose Jamaica as an investment location for the manufacturing of medical devices, an industry that is expected to grow to $228 billion by 2015, according to estimates from global market research firm Markets and Markets. The opportunities in this area include:

    • Medical disposables - surgical drapes and gowns, gloves, syringes and needles, catheters, wound care products, colostomy and incontinence products, and blood bags.
    • Medical equipment - orthopaedic implants, pacemakers, stents, surgical instruments, medical instruments and heart valves.

Non-equity Modes (NEMs)

Jamaica welcomes investment in non-equity modes (NEMs) of international production that can yield significant economic benefits. These include contract manufacturing, services outsourcing, contract farming, franchising, licensing, management contracts, and other types of contractual relationships.

Globally, there is an increase in cross-border non-equity modes (NEMs) of international production, which generated at least $2 trillion in sales in 2012, according to UNCTAD's 2013 World Investment Report. Contract manufacturing and services outsourcing accounted for $1.1 - 1.3 trillion, franchising $330-350 billion, licensing $340-360 billion, and management contracts around $100 billion.

Prime investment areas include bio-technology and organic farming; irrigation projects along the south coast; aquaculture and large scale production of facilities to farm shrimp and seafood; and other production activities required to meet the demand of the export sector and the tourism industry.

 Chemicals sector

There are a number of new industries and processes in which there is substantial potential for growth and investment.  Within the chemicals sector there are developments such as a new ethanol dehydration facility, plus expansion of existing cement and bauxite facilities.  

FOR FURTHER INFORMATION PLEASE CONTACT

MINING, ENERGY & MANUFACTURING MANAGER

Ricardo Durrant
Email : mem@jamprocorp.com | Tel : 876-978-7755 ext 2230
Mobile : 876-382-6613