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Caribbean Business Day Bremen, Germany Investing In Jamaica. JAMAICAN FDI TRENDS & INDICES. World Investment Report (WIR) 2008 ranks Jamaica among 141 countries : 21 st as an Inward Investment Location
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Caribbean Business Day Bremen, Germany Investing In Jamaica
JAMAICAN FDI TRENDS & INDICES • World Investment Report (WIR) 2008 ranks Jamaica among 141 countries : • 21st as an Inward Investment Location The FDi Intelligence Report 2009 ranks Jamaica among 31 Caribbean and Latin American countries: • 2nd for best infrastructure. Jamaica scored the highest for the number of ports compared with the rest of the region. • 8th for FDI Strategy • 10th for Business Friendliness • 7th for Cost Effectiveness
Port Expansions Underway US$ 20 mn Expansion planned Expansion Planned Expansion Complete Port (Bustamante/Gordon Cay)-Further Expansion planned
Port of Kingston Logistics Centre • Capacity of 2.0 • Million TEU’s • Throughput 1.3 • Million TEU’s • 19 Gantry Cranes (end-2007) • 50 Straddle Carriers • Warehouses - 10,200 square meters (110,000 sq.ft.)
H2K Project: Stimulus to Heavy Industry development and South Coast Tourism Phase II Phase 1B Opened Section (22/09/2003 (OHB) Opened section (12/15/2004) (KBP) Opened July 2006 (Causeway) Phase 1a
Foreign Direct Investment (FDI) in Jamaica Investors have been bullish on Jamaica because: • consistent low inflation, • equilibrium exchange rate, • liberalized trade, • stable and transparent political institutions and procedures, • an independent and capable judiciary, • very low levels of infectious disease
Investing in JamaicaJTI Services • Investment Support • Business Approvals Facilitation • Trade Advice • Marketing Intelligence • Technical Assistance • Trade Commissioner Services
JTI Going Forward: ‘Culturally-inspired Creativity & Innovation’ Building our Competitive Advantage… one Investor at a Time!
Investing in JamaicaJTI Services Laurence Jones Regional Manager European Regional Office, London 1 Prince Consort Road London SW7 2BZ Tel: 020 7584 8894 Fax: 020 7823 9886 E-mail: ljones@jti.org.jm