Category: Trade
Special Economic Zones: a tool for economic development
There are over 3,000 special economic zones worldwide directly employing over 69 million people.
Read more85% of World Trade is in bulk goods
Globalization has seen a greater convergence of goods and services trade
A Simple Truth: Jamaica Best Positioned for Global Logistics Hub, Part I
What Jamaica represents is a centralized location in the Americas where logistics and related activities can all be clustered on one island. Jamaica will become a platform for the use of digital technology to plan the design, production, packaging and distribution of goods; financial services; a strategic depot for the storage of natural resources, ship and airplane repair, legal services, tourism and so on.
Read moreA reflection on Jamaica’s Maritime Awareness Week 2014
Yes, the land of Bolt and Bob is a maritime state. While it is true that Jamaica isn’t often thought of in this way, even by Jamaican’s themselves, it is none the less true.
Read moreJamaica’s Logistics Hub Initiative: Airfreight – The sleeping Giant
The development of Jamaica’s airfreight sector is indispensable and is a high priority for the Logistics Hub Initiative, even more so than its maritime counterpart. This is due to the fact that higher valued merchandise is usually transported by air and Jamaica’s air connectivity enhances our near shore advantage for goods destined to the Americas.
Read moreAir connectivity: taking Jamaica to the world and the world to Jamaica
A nation’s development and prosperity are increasingly joined to its connectedness to the rest of the world. The Global Logistics Hub Initiative has the goal of integrating and expanding Jamaica’s role in the global supply and value production system. The Initiative is the government’s response, in the form of a growth and development strategy, to the challenges and opportunities of globalization
Read moreJamaica’s Global Logistics Hub: So Much More Than Ports
The simplest answer is that ports and airports, while very important, in the main facilitate trade and economic activity while the SEZs are the drivers of economic activity, economic development and wealth creation for the people of Jamaica.
Read moreJamaica Logistics Hub: Investment Opportunities
Expansive special economic zones facilitating assembly, warehousing, sorting, distribution and other value-added services, particularly for industries catering to time sensitive and high-value cargo
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