“Commercial Awareness Is Global.”
How can a small island developing state like Jamaica thrive in the Fourth Industrial Revolution? The answer is simply: having and implementing a vision that will allow it to secure its future in this age of disruption — the Global Logistics Hub Initiative.
If you were asked to Explain Jamaica’s logistics centred economy? What would your answer be? I will admit, it is not an easy question to answer. However, here is my attempt. What is a logistics centred economy? How about you, what would your answer be? More importantly why should you care? In a word: opportunity. Being able to explain what Jamaica’s… Continue reading "<span class="entry-title-primary">Explaining Jamaica’s logistics centred economy</span> <span class="entry-subtitle">An exercise in Digital Storytelling</span>"
The strategic and focused use of special economic zones (SEZs) as a development tool holds a special – pun intended – place in China’s story. And as Jamaica embarks on its own journey using its modernized SEZ framework, China’s journey holds valuable insights into the remarkable transformational power of SEZs.
Jamaica’s progress towards being a Global Logistics Hub might appear to be slow, especially when compared to what Panama appears to be doing but Jamaica’s progress is real and it is meaningful.
What the logistics hub is intended to do is deepen and expand this participation.
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