JIS News

Story Highlights

  • A one-day conference on the Logistics Hub initiative will be held at the Jamaica Conference Centre, in downtown Kingston, on November 12.
  • Minister of Industry, Investment and Commerce, Hon. Anthony Hylton,said the Chamber believes that if the hub is developed in a timely and effective manner, it has the scope to fundamentally transform the Jamaican economy for the better.
  • The Logistics Hub initiative is being spearheaded by the Government of Jamaica in an effort to position the island as the fourth major node in the global supply and logistics chain.

A one-day conference on the Logistics Hub initiative will be held at the Jamaica Conference Centre, in downtown Kingston, on November 12.

This was disclosed by Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, at a post Canada mission press briefing, held on Tuesday, October 15, at the Ministry’s New Kingston offices.

The Minister pointed out that the conference will be hosted by the Jamaica Chamber of Commerce, in conjunction with the Ministry.

He said the Chamber believes that if the hub is developed in a timely and effective manner, it has the scope to fundamentally transform the Jamaican economy for the better.

“The Chamber says it is convinced that Jamaica must act urgently, fully and sustainably internationalise our economy and that the logistics hub initiative presents us with a platform for this transformation,” Mr. Hylton said.

Meanwhile, Jamaica Chamber of Commerce President, Francis Kennedy, said he expects full support for the conference.

 

“We want to educate the Jamaican investors on what the logistics hub is about and how important it is for the future development of Jamaica. That is the main purpose for the conference,” Mr. Kennedy explained.

“We are not going to have any overseas investors there. We are going to have some overseas speakers; hopefully they will tell us how they did it. If we can get the Singaporeans to come, I think that is very important and also some Canadians who have had experience in Panama and elsewhere in international trade,” he added.

The Logistics Hub initiative is being spearheaded by the Government of Jamaica in an effort to position the island as the fourth major node in the global supply and logistics chain. This is intended to enable the country to take advantage of an anticipated increase in maritime activity, consequent on the expansion of the Panama Canal.

It also forms part of the Government’s strategic priorities for 2013/14 and beyond, particularly in the area of job creation and economic growth.

From October 1-10, Mr. Hylton headed an intensive four city mission to Canada to increase the awareness of the global logistics hub, to engage potential investors and promote primary investment opportunities in the logistics hub and other sectors of Jamaica.