Jamaica and Its New Experience

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The government of Jamaica has announced that it hopes to gain major foreign investment and create many jobs through the development of a ‘logistics hub’. The government believes that Jamaica’s geographical position will allow it to become an important part of the global value chain by serving at least some of the estimated 12,500 ships that will be passing through the Panama Canal as of 2015. According to information published on the government’s official website: With major investments and global partnerships, Jamaica will become: • The transhipment and air cargo logistics hub of the Western Hemisphere • The Caribbean’s strategic handling point for bulk commodities • The Latin America and Caribbean centre for aviation-related…show more content…
They pointed out that Jamaica was seeking to become the site of the fourth global logistic hub, the other three being located in Singapore, Dubai in the United Arab Emirates and Rotterdam in the Netherlands. On April 30, 2013, Prime Minister Portia Simpson Miller announced that Principal of the Mona Campus of the University of the West Indies, Professor Gordon Shirley, would chair the National Task Force, to coordinate the development of the range of infrastructural elements leading to the establishment of the Logistics Hub. Professor Shirley was subsequently appointed as Head of the Port Authority of Jamaica in September 2013. As the year drew to a close it became apparent that government was intent on going ahead with the establishment of the Logistics Hub ad Goat Island and that the Chinese engineering firm China Harbour Engineering Company (CHEC) was the front runner to carry out the project. In September 2013, the PM stressed that the country needed an economic game changer and that the US$1.5 billion dollars of investment attached to the Hub could be that game changer. She cautioned that delays could derail the discussions taking place with the proposed investors. Speaking to a large group of business people, she recognised the environmental issues raised by the project and announced the commissioning of a study to evaluate the environmental impact with a view containing and minimising negative environmental impact. The
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