PM Urges Increased Private-Sector Investment

Photo: Donald De La Haye Prime Minister, the Most Hon. Andrew Holness (centre) participates in the breaking of ground for construction of a BMW and MINI showroom and AC Hotel by Marriott, at 38-42 Lady Musgrave Road in St. Andrew on January 20. Others (from left) are Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Hon. Daryl Vaz; Regional Vice-President of Development for AC Hotel by Marriot in Mexico and the Caribbean, Alejandro Acevedo; ATL Automotive Group and Sandals Resorts International Chief Executive Officer and Deputy Chairman, Adam Stewart; Sales Channel Development and Customer Relations Director for BMW Group in Mexico, Latin America and the Caribbean, Dirk Biehler; Head of Sales for BMW in the Caribbean and Latin America; Hernando Carvajal; and Minister of Finance and the Public Service, Hon. Audley Shaw.

Story Highlights

  • Prime Minister, the Most Hon. Andrew Holness, is again calling on the private sector to increase its investment in the economy.
  • He said the Government is working “very hard to ensure that every single Jamaican entrepreneur who has the industry, the drive, the enterprise, the entrepreneurship can, in the Jamaican environment, take the risk and invest”.
  • The project is part of a US$50-million investment by Sandals Resort International, ATL Autobahn and Marriot International that will also see the construction of a lifestyle centre – complete with a hotel, conference centre, restaurant, spa and gym.

Prime Minister, the Most Hon. Andrew Holness, is again calling on the private sector to increase its investment in the economy.

He said the Government is working “very hard to ensure that every single Jamaican entrepreneur who has the industry, the drive, the enterprise, the entrepreneurship can, in the Jamaican environment, take the risk and invest”.

The Prime Minister was speaking at the recent opening of the new BMW and MINI showrooms at 38-42 Lady Musgrave Road in St. Andrew.

The project is part of a US$50-million investment by Sandals Resort International, ATL Autobahn and Marriot International that will also see the construction of a lifestyle centre – complete with a hotel, conference centre, restaurant, spa and gym.

Prime Minister Holness commended the partners for their continued investment in Jamaica.

He said the Government is ready to partner with private investors and make the necessary financing and policies available for an investor-friendly economy.

This, he said, will allow for increased economic growth and job creation.

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