Jamaicans in the diaspora are being encouraged to invest in several potential areas of opportunity that have been identified locally by Jamaica Promotions Corporation (JAMPRO).
JAMPRO Vice President for Sales and Promotion, Norman Naar, says they include tourism, agriculture/agro-business, manufacturing, and mining, noting that these and others are key investment opportunities that position Jamaica as a “unique selling proposition”.
He was speaking during a virtual Jamaican diaspora forum on the theme ‘Investing in Jamaica”, on Thursday (March 4).
The event was co-hosted by the Jamaica Stock Exchange (JSE) and the Jamaican Consul General in New York, Alsion Wilson.
In the area of tourism, Mr. Naar said there is “growing interest” for offerings incorporating retirement villages, wellness resorts, and boutique hotels.
“There is also the Mandeville Hotel for acquisition, with a purchase price of US$3.2 million,” he informed.
Mr. Naar also pointed to “high demand” products in agriculture that offer significant opportunity.
These, he pointed out, include Scotch bonnet pepper, “where we see strong export opportunity”, ginger, pimento, yam, coco, and Blue Mountain Coffee.
“Then there is much being said about the cannabis industry, and it remains an area of opportunity. So, we are looking for partners [interested in establishing] green houses, processing facilities, and indeed, dispensaries,” the Vice President added.
See full article: https://jis.gov.jm/jamaicans-
