Jamaican Prime Minister Portia Simpson Miller Opens IDB Investment Forum

By: - March 2nd, 2012

Above: the Montego Bay Convention Centre

By the Caribbean Journal staff

Jamaican Prime Minister Portia Simpson Miller opened the Jamaican Investment Forum in Montego Bay Thursday, a conference organized by the Inter-American Development Bank.

More than 400 participants attended the forum’s first day, exploring investment-ready projects and opportunities offered by Jamaica’s business climate.

“The forum is an excellent opportunity for Jamaica to showcase its potential to international investors,” said IDB Vice-President for the Private Sector, Steven J Puig. “We are excited to participate in the event and look forward to showcasing the financing options we have for Jamaican-based projects as well as making contacts with businessmen interested in the Caribbean’s largest English-speaking country.”

The conference focused in particular on the growing ICT sector in Jamaica, which got a significant boost in December with the announcement that Convergys would soon open a call centre in the country potentially employing 1,000 Jamaicans when fully staffed.

The event is also being hosted in partnership with the Compete Caribbean programme.

Jamaica

US Virgin Islands Mulls Post-HOVENSA Energy Options With Federal Officials

Above: the discussions in Washington (Photo: OG) By the Caribbean Journal staff With the closure of the HOVENSA refinery in February, the US Virgin Islands lost its main source of gasoline, jet fuel, diesel and propane. The change led the territory, which is not connected to any larger power grid, to discuss the possibility of […]

Jamaica

CARICOM's LaRocque: Caribbean Integration a "Work in Progress"

Above: CARICOM Secretary Genreal Irwin LaRocque (UN Photo/JC McIlwaine) By the Caribbean Journal staff Emphasizing the Caribbean Single Market and Economy is “relevant” but still a “work in progress,” according to CARICOM Secretary General Irwin Larocque. But the private sector must play a crucial role if CARICOM is going to meet its priorities on that […]

Jamaica

OAS Electoral Observation Mission Arrives in Belize Ahead of Vote

Above: Ambassador Frank Almaguer (OAS Photo/Juan Manuel Herrera) By the Caribbean Journal staff The Organization of American States Mission that will observe Belize’s election arrived in Belize City Thursday ahead of the March 7 vote. Ambassador Frank Almaguer is leading the mission, which will be deployed for general and municipal elections. “I am delighted to […]


Dominican Republic Projects More Tourists from Strengthening Italian Market

Above: the Sanctuary Cap Cana By the Caribbean Journal staff The Dominican Republic projects an increasing number of visitors from Italy to the country in 2012, following a jump in 2011, according to Vice Minister of Tourism Magaly Toribio. The Italian market grew by 5 percent in tourist arrivals in 2011 relative to the previous […]

In the Bahamas, Nassau's Montagu Gets a Brand-New Beach

Above: the new beach at Montagu (BIS Photo/Letisha Henderson) The redevelopment of Nassau’s Montagu area is nearing completion. The Montagu Foreshore Redevelopment Project, a joint initiative of the Bahamian government and Kerzner International, includes beach replenishment aimed at expanding the beach from one to almost three acres. “The government directed Kerzner’s community outreach programme to […]

Jamaica "Has to Do Much to Restore Its Credibility" With Multilaterals

Above: the Sanctuary Cap Cana By the Caribbean Journal staff The Dominican Republic projects an increasing number of visitors from Italy to the country in 2012, following a jump in 2011, according to Vice Minister of Tourism Magaly Toribio. The Italian market grew by 5 percent in tourist arrivals in 2011 relative to the previous […]

OECS Mourns Grenada's George Brizan

Above: St George’s, Grenada (CJ Photo) By the Caribbean Journal staff The Organization of Eastern Caribbean States has issued a statement mourning the death of former Grenadian Prime Minister George Brizan. “It is with deep regret that I learn of the death of Mr George Brizan,” said Dr Len Ishmael, the OECS’ Director General. “This […]

SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You