Growth in Ecomony Demonstrate Ability to Implement Sound Policies – PM


Prime Minister, The Most Hon. Portia Simpson Miller, has said that the appreciable growth that was being experienced in most sectors, demonstrated the country’s institutional capacity to design and implement sound policies and strategies, which were supportive of the economy.
“Our leadership role within the CARICOM integration process and among developing countries underpins that capacity to build and sustain this favourable economic environment,” she told Spanish business leaders and potential investors in Madrid, Spain, on March 6.
The Prime Minister told the businessmen that Jamaica was abound with many lucrative investment opportunities, with the island’s impressive portfolio amounting to $2 billion covering infrastructural and development projects in areas such as roads and highways, ports, information communication technology, creative industries, and tourism, among others.
She further noted that the island’s location made it attractive for transshipment between North and South America, as well as a hub for air cargo.
“We provide the perfect entry point in the very lucrative English-speaking markets of North America, and Canada, as well as the CARICOM regional market. Above all, we are a stable democracy, governed by the rule of law and operating within a predictable economic environment,” she stated.
She pointed out further that Jamaica had a global recognition that was well-beyond its size, spanning music, cuisine and sports, among other areas.
The Prime Minister informed that the island was hosting the ICC Cricket World Cup, the world’s third largest sporting event, and in addition to visitors to the country, the event would bring Jamaica and the wider Caribbean, into the homes of an estimated 2.6 billion viewers around the world. “The market value of this event is inestimable,” she said.
The Prime Minister’s visit to Madrid was part of her four-city European tour, which has already taken her to London for a meeting with the Jamaican community, and Brussels for a meeting with the African Caribbean and Pacific (ACP) Committee of Ambassadors, where she reaffirmed Jamaica’s commitment to the ACP Group. She has also met with Belgian Prime Minister, Guy Verhofstadt and President of the European Commission, Jos

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