JIS News

Story Highlights

  • Applications for three new Business Process Outsourcing (BPO) companies have been approved since May 2016, and cumulatively will provide employment for approximately 12,000 persons.
  • In the meantime, he said, a Free Zone Council has been appointed, to approve Free Zone applications, including BPOs.
  • The SEZ Act was passed in January 2016 as a key prong in Jamaica’s strategy to establish itself as a logistics-based economy.

Applications for three new Business Process Outsourcing (BPO) companies have been approved since May 2016, and cumulatively will provide employment for approximately 12,000 persons.

This was disclosed by Minister without portfolio in the Ministry of Economic Growth and Job Creation,  Hon. Daryl Vaz during his contribution to the 2016/17 Sectoral Debate in the House of Representatives, on Tuesday June 28.

He said these jobs are not just entry level but will require technical staff at the middle and upper end, so that graduates from the universities can be suitably employed.

In the meantime, he said, a Free Zone Council has been appointed, to approve Free Zone applications, including BPOs.

Additionally, the Minister said in the next few weeks, an announcement will be made as to when the Special Economic Zone (SEZ) Act will take effect.

He said this will allow for a new flow of investments into Jamaica and a new approach to attracting investments, while ensuring that investors make a meaningful contribution to Jamaica’s growth and development plans.

The SEZs are geared at ensuring that the benefits of the economic activity are felt throughout the country.

“They are poised to drive exponential growth in the outsourcing industry while reinvigorating Jamaica’s manufacturing industry and expanding our logistics industry,” he said.

The SEZ Act was passed in January 2016 as a key prong in Jamaica’s strategy to establish itself as a logistics-based economy.