Trade & Investment Opportunities in Jamaica highlighted at World Expo Dubai 2020

24/12/2021

All India, 24 December 2021: Jamaica continues to welcome investors from across the globe to its Coolest Pavilion at the ongoing World Expo 2020 in Dubai. The friendly business climate and growing economy of the island nation have contributed to the success of countless multinationals, medium and small businesses. Zone Four in the Pavilion is the Business zone to introduce local and international investors to business opportunities in Jamaica’s growing industries.          

Jamaica and India, both are developing countries and share common aspirations for accelerated economic growth, eradication of poverty, improvement in the quality of life of their people, and promotion of equity. The bilateral trade and investment between India and Jamaica is currently on the rise.

Various business opportunities coupled with sophisticated infrastructure have aided Jamaica’s emergence as a regional hub for trade, and an important investment destination for major transnational corporations (TNCs). The country has had an extraordinary track record in supporting large-scale investment projects, local and international players continue to tap into the wealth of investment and trade opportunities that the country has to offer.

Healthcare is emerging as an opening sector for Indian exporters, besides the cooperation in solar energy and training of professionals. Quality pharmaceutical exports at affordable prices by Indian pharmaceutical companies have been increasing to Jamaica and the Caribbean region, assisting in meeting the region’s health care needs. Mr. R. Masakui, High Commissioner of India to Jamaica has said that he aims to “build on increasing economic cooperation, especially in the fields of ICT, pharmaceuticals and SMEs.

A talented, educated and passionate nation – Jamaica offers a stable and efficient business climate powered by its people who are fully equipped to overcome modern-day challenges with ingenuity, while delivering the best results to the clients. Jamaica’s attractiveness as a business destination is complemented by its great quality of life.

With a national vision to make Jamaica the place of choice to live, work, raise families and do business by 2030, Jamaica is ready and excited to power world’s business plans and aims to transform and introduce the island as a logistics hub connecting the Americas to the rest of the world.

About Jamaica Tourist Board 

The Jamaica Tourist Board (JTB), founded in 1955, is Jamaica’s national tourism agency based in the capital city of Kingston. JTB offices are also located in Montego Bay, Miami, Toronto and London. Representative offices are located in Berlin, Barcelona, Rome, Amsterdam, Mumbai, Tokyo and Paris.

This year, the JTB was declared the Caribbean’s Leading Tourist Board by the World Travel Awards (WTA) for the thirteenth consecutive year and Jamaica was named the Caribbean’s Leading Destination for the fifteenth consecutive year as well as the Caribbean’s Best Spa Destination and the Caribbean’s Best MICE Destination. As well, Jamaica copped the WTA’s World’s Leading Wedding Destination, the World’s Leading Cruise Destination and the World’s Leading Family Destination. Additionally, Jamaica was awarded three gold 2020 Travvy Awards for Best Culinary Destination, Caribbean/ Bahamas; Best Tourism Board Overall and Best Tourism Board, Caribbean/ Bahamas. The Pacific Area Travel Writers Association (PATWA) named Jamaica the 2020 Destination of the Year for Sustainable Tourism. In 2019, TripAdvisor® ranked Jamaica as the #1 Caribbean Destination and #14 Best Destination in the World. Jamaica is home to some of the world’s best accommodations, attractions and service providers that continue to receive prominent global recognition.

For details on upcoming special events, attractions and accommodations in Jamaica go to the JTB’s Website at www.visitjamaica.com or call the Jamaica Tourist Board at 1-800-JAMAICA (1-800-526-2422). Follow the JTB on Facebook, Twitter, Instagram, Pinterest and YouTube. View the JTB blog at www.islandbuzzjamaica.com.

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