Jamaica Investment Confab Focused on Bankable Projects

Minister of Industry, Investment & Commerce, the Hon. Anthony Hylton, addresses a press briefing on the 2015 Jamaica Investment Forum (JIF) being held March 10 to 12 at the Montego Bay Convention Centre.

Minister of Industry, Investment & Commerce, the Hon. Anthony Hylton, addresses a press briefing on the 2015 Jamaica Investment Forum (JIF) being held March 10 to 12 at the Montego Bay Convention Centre.

 

Jamaica Promotions Corporation (JAMPRO), Jamaica’s Trade and Investment Agency is putting finishing touches to the 2015 Jamaica Investment Forum (JIF) being held March 10 to 12 at the Montego Bay Convention Centre.

The Jamaica Investment Forum, a JAMPRO event, is Jamaica’s premier international investment and business conference, designed for eager investors and business executives, who want to discover business opportunities and industry developments, learn about alternative emerging opportunities and discuss Jamaica ’s business climate.

The Forum will see executive level representatives from 90 organizations including: Aegis; The Unipharm Group; CEMEX; Accor Hotels & Resort; Apple Leisure Group; Melia Hotels International and The Wyndham Hotel Group. While most of the investors are out of North America, there are also investors coming out of Pakistan, Turkey, China, India, Spain, France and UK registered to attend.

JIF 2012 generated so far 2000 jobs, and progressed over US$500 million worth of projects.

JAMPRO President and CEO, Ms. Diane Edwards pointed out though that compared to the 2012 Forum, “the 2015 Forum is much more focused on marketable or bankable projects. We have undertaken a broad consultation with public and private sector to identify collaboration opportunities for PPP, sale, lease, and joint venture. We have also undertaken direct targeting of investors for these projects. On top of that we have over a US$1 billion dollars’ worth of projects on show for investors.”

JAMPRO President also stated that particular focus will be placed on, “Business Process Outsourcing (BPO), where there is a need to accelerate employment growth; Logistics due to its transformative opportunity for the Jamaican economy impacting on export competitiveness and our ability to access global value chains; new opportunities in tourism, such as health, wellness and medical tourism; and financial services, where Jamaica as a new, highly compliant jurisdiction, with world class legislation, will become a serious competitor for companies and individuals looking to place their funds in non-harmful jurisdictions.”

In addition to Prime Minister the Most Honourable Portia Simpson-Miller, other speakers include: Finance Minister, Dr. Peter Phillips; Industry, Investment & Commerce Minister, Mr. Anthony Hylton; the World Bank’s Senior Director for Group Global Practice on Trade and Competitiveness, Anabel Gonzales; International Monetary Fund (IMF) Western Hemisphere Director, Dr. Alejandro Werner; International Finance Corporation, Chief Investment Officer for Global Infrastructure, Shinji Yamamoto; Vistaprint, Senior Vice President, Jon Habeski; Commerzbank, Head of Export Finance BeNeLux-France Jacques Nyssen and a broad range of other leading local and international players.

JAMPRO Chairman Milton Samuda said that, “entrepreneurs, investors and business executives will, get an exclusive preview of select investment opportunities, find new prospects in a highly efficient manner, gain insight in Jamaica’s overall economic plans and future among other critical interactions.”

For more information on the investment forum, please visit website: www.jamaicainvestmentforum.com

Headline sponsors for the Forum are JAMPRO, Commerzbank, Digicel Business and the Inter-American Development Bank (IDB).

Source: 
http://jis.gov.jm/jamaica-investment-confab-focused-bankable-projects/
Published Date: 
Monday, March 9, 2015