JSEZA Seeks to Expand Country’s Footprint in Global Markets

• The Jamaica Special Economic Zone Authority (JSEZA) is looking to expand Jamaica’s footprint in global markets, targeting strategic opportunities in Colombia, Mexico and El Salvador.
• The Authority’s Chief Executive Officer, Kelli-Dawn Hamilton, who will participate in a business mission to these Latin American countries from July 17 to 26, said that the aim is to foster international partnerships and attract investments that will propel Jamaica’s economic growth.
• In an interview with JIS News, Mrs. Hamilton pointed out that JSEZA’s role in this mission is crucial, as they coordinate from the Government side to penetrate new markets and pursue strategic opportunities.
• The Authority will also work with Jamaica Promotions Corporation (JAMPRO) to provide timely and relevant information, facilitating the setup process for potential investors in Jamaica and maintaining collaborations to benefit existing SEZ companies.
• The mission aims to highlight Jamaica’s potential to become a logistics hub, especially given current global supply chain challenges, logistical considerations are paramount.
• In this, Mrs. Hamilton explained: “We would have chosen these markets because of the potential opportunities, based on our own needs as a country, and our own vision of becoming a logistics-centred economy.”
• To capitalise on the benefits, “We have to go out there and sell that opportunity and show that Jamaica has the potential to be an even larger nearshore destination for a number of companies, especially amidst issues related to the Panama and Suez Canals,” she said.

(Source: JIS)