The CSEZ is expected to attract sustained economic activities in specific value added industries as well as the SME sector through a cluster approach. It is also expected that the CSEZ will serve as a model for the development of future economic zones across the country in keeping with the GoJ’s growth and development agenda. The project forms part of a larger development for the area consisting of approximately 10,000 acres.
Jamaica’s reputation as one of the premier global destinations for investment continues to rise, as discerning entrepreneurs increasingly seek to capitalise on the exciting business opportunities that abound in the country. Beyond its vibrant culture and natural beauty, Jamaica’s value proposition is underpinned by its business-friendly environment, educated and trained workforce, stable democracy, solid infrastructure and strategic location.
Jamaica has seen a steady increase in stopover visitors to our coast between 2004 and 2015, with all of 61.3% coming from the United States. There has also been a steady climb since 2010, in the number of visitors coming from Canada. Lining up behind these two top markets, are the United Kingdom and the rest of Europe. See appendix 2 for details of stopover arrivals.
NEW APPLICATION All documents must be completed in triplicate and be notarized by a Notary Public where necessary 3 Completed application form (All sections must be properly completed) 2 Passport size photographs Processing fee of J$15,000.00 to be paid...
The contribution of agriculture to Jamaica’s Gross Domestic Product (GDP) was 6.8% in 2012, and the sector currently employs 18% of the national workforce. Food exports from the island increased by 22.3%, moving from US$224 million in 2011 to US$274 million in 2012.
Business Registration Before going into business in Jamaica, it is important to determine the legal structure best suited to your needs. The two basic options to choose from are: A Company - a commercial enterprise registered or incorporated under the...
The creative industries are those sectors that are born out of individual creativity, skill and talent and have the potential for wealth and job creation through the generation and exploitation of intellectual property. Chief among the core areas encompassed by the creative industries are film, music, fashion and sports.
The Jamaican energy landscape is dominated by the Jamaica Public Service company (JPSCo), which has a monopoly on transmission and distribution and is the largest energy supplier. The JPSCo ownership structure is four tiered, with Marubeni Caribbean Power Holdings Inc. and Korea-East West Power Company Limited each holding 40%, the Government of Jamaica owning approximately 19% and a small group of minority shareholders maintaining less than 1%.
The purpose of this report is to provide the Houses of Parliament, partners, stakeholders and clients with information on the performance of the Jamaica Promotions Corporation (JAMPRO) for the 2013/2014 Financial Year and the prospects for the 2014/2015 Financial Year.
With an estimated value of US$250 million in 2013, the ICT/BPO sector is a high-performing segment of Jamaica’s services industries. It has enjoyed the highest employment growth rate of any sector in the last decade, and presently accounts for more than 14,000 jobs across the island.