Kingston Logistics Park Will Bring Economic Growth and Job Creation – PM  

 

  • Prime Minister, the Most Hon. Andrew Holness, says the opening of the Kingston Logistics Park (KLP) is a significant investment and will bring more economic growth and job creation for the country.
  • The Kingston Logistics Park, which incorporates 18,000 square metres of warehouse space, falls under the wider Logistics Hub Initiative (LHI) designed to position the country as a global destination in cargo trans-shipment and logistics services.
  • The Park includes a border-protection centre, which houses the Jamaica Customs Agency (JCA) and the Container Security Initiative, which is a collaboration between the JCA and the United States Government.
  • The development will see the country using its local and natural resources to build its logistics industry and cement itself as an important logistics node. This will result in the creation of a new industry that will provide higher quality jobs and a new stream of foreign exchange revenues that will make the economy more robust to withstand shocks.

(Source: JIS News)