Make your own free website on


Jamaica PM invites international investment

Home of the Caribbean
Carib News Now Caribbean representatives
Caribbean Love Connection
Trinidad-click flag
Grenada-click flag
St. Kitt's-click flag
Jamaica-click flag
Bermuda-click flag
Bahamas-click flag
Barbados-click flag
St. Vincent-click flag
St. Lucia-click flag
Cayman Islands
Dominica- click flag
Cuba-click flag
Antigua-click flag
Special offer
Links worldwide
Caribbean recipes
Letters to the editor
Caribbean Jokes
African penpals looking for Caribbean friends
Contact us

Kingston Jamaica July 05: Prime Minister Portia Simpson Miller, has invited international investment in Jamaica, noting that there was tremendous potential for doing business in the island.Mrs. Simpson Miller, who was addressing a meeting of international bankers and investors recently in Miami, pointed to the tourism and alumina industries as important areas for investment.

She noted that, "the country was on threshold of an investment boom" citing improvements in the country's road network, seaports and airports and telecommunications.

According to the Prime Minister, nearly 25,000 persons stood to benefit from jobs in tourism and construction, noting that some 12,000 hotel rooms were being built.

She further pointed to a decrease in the domestic interest rate, which she noted was an encouraging factor for investment, job creation and growth.
Turning to crime, the Prime Minister informed that the crime rate has been trending down since the start of the year, and stated government's intention to sustaining the reduced figures by strengthening social programmes and boosting early childhood education.

The meeting, which was sponsored by Wachovia Bank, was part of the Prime Minister's recent two-day visit to South Florida, which included a community forum with the Diaspora community and a reception held in her honour.

Jamaican Christopher Raymond, Director of Global Financial Institution chaired the meeting, which included the presentation of the keys to the city of Miami to Mrs. Simpson Miller, by Mayor Manny Diaz.

Send Page To a Friend

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for Carib News Now daily update

Carib News Now is dedicated to providing news and daily updates to its customers. Now, Caribbean people where ever you maybe have an opportunity to let your voices be heard as well as share your experiences with the world. E-Mail:
NB: No part of the content on this site should be used without the written permission of the publisher. Copyright 2005, all rights reserved.

powered by lycos
SEARCH:Tripod The Web