Business, Jobs To Flow From Logistics Hub
By: , December 3, 2015The Key Point:
The Facts
- Mrs. Ffolkes Abrahams said that close attention is also being paid to information communications and technology (ICT), which is central to logistics.
- Delegates and representatives from a number of milling and manufacturing companies from Canada, and the Caribbean and Latin American region, are participating in the two-day conference under the theme: ‘Synergies in Flour and Feed Milling’.
The Full Story
Minister of State for Industry, Investment and Commerce, Hon. Sharon Ffolkes Abrahams, says the Jamaica Logistics Hub initiative will facilitate expansion of businesses and make them more profitable, while boosting job creation.
“It will provide numerous business opportunities for support services to companies and persons working in and around special economic zones and airports, logistic parks and industrial parks,” she said while addressing the opening of the Caribbean Millers’ Association 19th Annual General Meeting at the Sunset Beach Resort in Montego Bay on December 1.
Mrs. Ffolkes Abrahams informed that the special economic zones to be established will foster large transnational corporations engaged in a variety of logistics activities, warehousing and manufacturing, and add value to semi-finished or intermediate goods that were destined for global markets.
“The special economic zones contemplated will be built across the country, connected with each other, linked with the port community system and naturally will be connected to the world. These zones will facilitate new and innovative commercial ventures for the micro, small and medium enterprise (MSME) sector, opening up new opportunities for job creation and allow more of our firms to link into global trading platforms,” she pointed out.
Mrs. Ffolkes Abrahams said that close attention is also being paid to information communications and technology (ICT), which is central to logistics.
“The efficient physical flow of goods must be supported by robust information systems that meet global standards,” she said.
She said the Logistics Hub project will transform the way Jamaica and the entire region conduct business with the rest of the world.
“We are talking about integrating our manufacturing and distribution processes into the global food production and distribution chains by seeking quicker routes and shorter times to market,” she pointed out.
Delegates and representatives from a number of milling and manufacturing companies from Canada, and the Caribbean and Latin American region, are participating in the two-day conference under the theme: ‘Synergies in Flour and Feed Milling’.