The COVID-19 pandemic is a public health crisis shared by all. It has required the team at the Jamaica Special Economic Zone Authority (JSEZA) and special economic zone (SEZ) stakeholders, like many other entities, to adapt to new circumstances and support efforts to contain the spread of this disease.
As part of our Sustainable Economic Development Framework, it is a standard operating requirement for all companies in the SEZ regime to have fully documented Business Continuity, Emergency Management and Occupational Health and Safety Plans. This is required of new applicants and companies that transitioned from the previous Free Zone regime into the new SEZ regime.
Our stakeholder base currently stands at one hundred and sixty-eight (168) companies operating within ten (10) parishes contributing $1.2B to the economy, through the provision of over 54,500 jobs. The impact of COVID-19 on some of our SEZ stakeholders, and in particular the Global Shared Services (GSS)/Business Process Outsourcing (BPO) sector, which comprises forty percent (40%) of our total stakeholders, is concerning as the sector is a major employer and large income generator for the country. JSEZA has since collaborated with the sector to enable mitigation measures provided by the Government of Jamaica.
Through JSEZA’s continued efforts to impact the country’s preparedness for full economic recovery, we are actively developing our SEZ Stakeholder Cluster for international viewership. As part of our campaign, the Authority will collate demographic information and aerial photographs of each Zone to highlight the diversified industries within Jamaica’s shores. This will then be packaged on the Authority’s website for international viewership by potential investors from the Middle East, and Europe and the Americas.
Our Emergency Management and Response Team will continue working with our stakeholders, other regulatory partners, and Government Ministries, Departments and Agencies in our fight to saves lives while contributing to the maintenance, recovery and development of a sustainable economy for our people.