JIS News

Story Highlights

  • The second staging of the Jamaica Investment Forum (JIF) promises to be bigger and better with several new features added to this year’s event.
  • JIF 2015, which is slated for March 10 to 12, at the Montego Bay Convention Centre, is Jamaica’s premier international investment and business conference.
  • President of JAMPRO, Diane Edwards, informed that this year’s staging will be more focused on marketable or bankable projects and centred around six key sectors - tourism, business process outsourcing (BPO), logistics, agri-business, financial services, and manufacturing.

The second staging of the Jamaica Investment Forum (JIF) promises to be bigger and better with several new features added to this year’s event.

JIF 2015, which is slated for March 10 to 12, at the Montego Bay Convention Centre, is Jamaica’s premier international investment and business conference, designed for investors and business executives who want to discover business opportunities and industry developments, learn about alternative emerging opportunities and discuss Jamaica’s business climate.

Speaking at a recent press briefing at Jamaica Promotions Corporation (JAMPRO) in Kingston, President of the entity, Diane Edwards, informed that this year’s staging will be more focused on marketable or bankable projects and centred around six key sectors – tourism, business process outsourcing (BPO), logistics, agri-business, financial services, and manufacturing.

“For the first time, we have initiated a session on Jamaica’s home-grown multi-nationals, because we want to show the world that out of this little island come world-class, globally impactful organizations. We have selected three to be on that panel as we think it is important that our foreign investors and visitors understand that powerhouses are grown in Jamaica,” the President said.

Another new feature, Mrs. Edwards highlighted, is the participation of the World Bank and the International Monetary Fund (IMF), which she described as “a huge endorsement of our economic and investment programme.”

For the first time also, there will be a focus on financial services, where Jamaica has structured an attractive legislative framework for high net worth individuals and companies in compliance with global legislation, “thus making us a non-harmful jurisdiction,” she added.

She informed that there will be plenary sessions focused on cross-cutting themes, such as the Jamaican economy, Jamaica’s talent pool and financing of projects that involve multilaterals as well as local banks.

“Logistics is a real focus this time around and this is part of the build-out of the whole logistics centred economy…we have two breakout sessions, one focused on interconnectivity of air and sea transportation and the other on global value chains,” the JAMPRO President noted.

“We also have some new sessions involving  conversations with certain business leaders and this is an innovation which will allow attendees to learn from specific experiences of investors in Jamaica…they will learn firsthand what worked, what didn’t and what lessons to take away,” Mrs. Edwards informed.

The JIF is set to attract over 150 potential investors representing companies from across the world, including North America, Pakistan, Turkey, China, India, Spain, France and the UK.

The Forum will see executive level representatives from 90 organizations attending, including: Aegis, The Unipharm Group, CEMEX, Accor Hotels & Resort, Apple Leisure Group, Melia Hotels International and The Wyndham Hotel Group.

Headline sponsors for the Forum are JAMPRO, Commerzbank, Digicel Business and the Inter-American Development Bank (IDB).