Jamaica courting new Indian and Middle Eastern investors


KINGSTON, Jamaica,  The Jamaica government is about to appoint investment ambassadors who will have responsibility for stimulating economic opportunities for Jamaica overseas, specifically in India, the Middle East and Europe.

Prime Minister Andrew Holness said two will be appointed by Wednesday, one with responsibility for India and the Middle East, and the other with a focus on Europe.

“They will assist in creating new markets and opportunities for Jamaica,” he said.

Holness said the government has its eyes set on expanding markets for Jamaica and, as such, is moving to put a market development strategy in place. He said the administration is also ensuring that its foreign economic policies are aligned.

“These policies should be able to open new markets, create new linkages and provide new business opportunities for the country,” the prime minister pointed out.

He said the private sector will be engaged in driving the growth agenda, with a representative from the sector to be named shortly.

The Prime Minister also declared that the government will not tolerate unfair trade practices in the regional and global marketplace.

“This government believes in free and fair trade, in open trade,” Holness said, declaring that the government will be “assertive” in ensuring that the country benefits from commerce.

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