Economic development through culturally-inspired creativity and innovation. 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 The FDi Intelligence Report 2009 ranks Jamaica among 31 Caribbean and Latin American countries: 2 nd for best infrastructure. Jamaica scored the highest for the number of ports compared with the rest of the region. 8 th for FDI Strategy 10 th for Business Friendliness 7 th for Cost Effectiveness
Infrastructural Developments
Air Routes Map
Donald Sangster Airport Improvements
NMIA Airport Improvement Programme
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.)
Montego Bay Cruise Shipping Port
Port Antonio – West Harbour
Opened July 2006 (Causeway) Opened section (12/15/2004) (KBP) Opened Section (22/09/2003 (OHB) Phase IIPhase 1B Phase 1a H2K Project: Stimulus to Heavy Industry development and South Coast Tourism
Highway 2000
North Coast Highway
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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 17
Investing in Jamaica JTI 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 Jamaica JTI Services Laurence Jones Regional Manager European Regional Office, London 1 Prince Consort Road London SW7 2BZ Tel: Fax: