Chinese Trade Centre to be Built in Montego Bay

A trade centre, which will serve as a window for buyers of Chinese-made products in Jamaica and the wider Caribbean, Latin and North America, is to be established in Montego Bay.
The Yiwu-Montego Bay Western Regional Trading Centre will offer Chinese-made products and opportunities for economic trade cooperation between Jamaica and other countries.
A Memorandum of Understanding for the establishment of the facility was signed recently in the city of Ningbo, China, when a seven-member delegation from Montego Bay, led by Mayor, Councillor Noel Donaldson, visited the Asian city at the invitation of the Zhejiang Foreign Affairs Department.
A release from the office of the Mayor, noted that the primary objective of the visit was to improve relations between the cites of Hangzhou and Montego Bay, and the Province of Zhejiang and St. James, which have shared sister-city relations for the past six years.
“The signing of the memorandum represents a great honour for our city, and we expect that many opportunities will arise for the development of Montego Bay as a significant commercial centre in the Caribbean and the Latin America region”, the Mayor said in the release.
He pointed out that the city of Yiwu was a famous trading centre in China and that this was the first time that it would be permitting the use of its name outside of China.
According to the Mayor, the Yiwu-Montego Bay trading centre would be built and operated by the twinning commission, which is comprised of representatives of the parish of St. James and China.
While in China, Mayor Donaldson and the team participated in a number of meetings with the Zhejiang Provincial Tourism Bureau and the China Council for the Promotion of International Trade.