JSEZA Continues to Advance Logistics Hub Initiative

• The Jamaica Special Economic Zone Authority (JSEZA) continues to make positive strides in the development of Jamaica’s resilient Logistics Hub Initiative. This strategic endeavour is poised to revolutionise the region’s economic landscape by leveraging Jamaica’s geographic location and fostering collaboration among Caribbean nations.
• On a recent Jamaica Information Service (JIS) ‘Get the Facts’ television programme, the agency’s Chief Executive Officer (CEO), Kelli-Dawn Hamilton, pointed out that coupled with its resilient spirit, Jamaica’s location along the major global shipping routes, positions it as a significant player on the world stage.
• Hamilton said by embracing concepts such as ‘friendshoring’^[1] and coopetition, Jamaica is fostering synergistic relationships within the Caribbean Community (CARICOM), “because we’ve recognised as countries that we can’t go it alone. We must work together to leverage our competitive advantages”.
• Integral to the success of the Logistics Hub, the Initiative has also extended its benefits beyond established businesses to empower local entrepreneurs and suppliers, catalysing a ripple effect of economic opportunities throughout the island.

(Source: JIS)

 ^[1] 'Friendshoring' is a growing trade practice where supply chain networks are focused on countries regarded as political and economic allies.