JAMPRO Promotes Stronger Trade and Investment Links with US Diaspora
Summary
Many of the initiatives that are currently being pursued signal that Jamaica is ideally poised to capitalize on the post-recession opportunities, and is still a highly regarded location for investment and trade,” stated Bennett Templer.The JAMPRO President added that other initiatives currently being pursued include the rationalization of the public sector, comprehensive tax reform, drafting and implementation of measures to curb corruption and crime and the cultivation of a business friendly environment and supportive infrastructure.Bennett Templer highlighted continued growth and opportunities in the area of information and communications technology (ICT), in which JAMPRO-facilitated projects created 2,100 jobs last year and capital expenditure of J$500 million to date.New businesses/accounts were established in the areas of debt collection, telecommunications customer support, telesales and lead generation, timeshare sales, medical help line, advertising/market research and human resource outsourcing.She noted that based on research, possibilities exist within agro-processing for lucrative value-added products from crops such as yam, sorrel and lemongrass.“I know many members of the Diaspora who own land back home, which may be lying idle, are looking for opportunities to invest in an agricultural venture.