Gov’t Assured of Saudi Arabian Private and Public Sector Investor Interest in Jamaica 

• The Government is being assured of keen interest in Jamaica by private and public sector investors in the Kingdom of Saudi Arabia (KSA).  
• Prime Minister, the Most Hon. Andrew Holness, received this assurance from the KSA’s Deputy Minister for Investors Outreach, His Excellency Badr Al Badr, during a business luncheon hosted for a 65-member delegation visiting Jamaica from the Middle Eastern state on Friday (July 8).  
• The Deputy Minister emphasized that investments are among the engines of growth in any economy that can result in asset creation, “which leads to enhanced production, employment and overall economic progress.” 
• The partnership would be beneficial as Saudi Arabia has leading companies operating successfully internationally in many areas that can work with the Jamaican government and entities to boost and diversify both economies in sectors like agriculture, traditional and renewable energy, mining, tourism, logistics, information technology, financial services, transportation, healthcare, construction, and engineering.    
• The investment dialogue is expected to continue, with the visit deemed as the start of an historic moment and an excellent opportunity that will enable both countries to build deeper investments, trade and business links.

(Source: JIS News)