Singapore could be invited to discuss plans for Logistics hub
6:37 pm, Thu September 26, 2013
Francis Kennedy, President of the Jamaica Chamber of Commercesays he is in discussions with Anthony Hylton, Industry Minister, to bring officials from Singapore to discuss best practices with Jamaica in building a logistics hub.
Singapore is one of the three global logistics hubs with the others being Dubai and Rotterdam.
Jamaica is currently in discussions with Chinese investors to construct a logistics hub on the Goat Islands off the coast of the central parish of St Catherine.
It has been revealed that the intention is to build port facilities on the islands and an economic zone on the mainland to produce among other things, gantry cranes for the Latin American market. China currently has only 10 percent of the market for gantry cranes in Latin America and wants to increase that stake by producing the cranes in Jamaica through a US$1.5 billion which should employ 10,000 people.
6:37 pm, Thu September 26, 2013
Francis Kennedy, President of the Jamaica Chamber of Commercesays he is in discussions with Anthony Hylton, Industry Minister, to bring officials from Singapore to discuss best practices with Jamaica in building a logistics hub.
Singapore is one of the three global logistics hubs with the others being Dubai and Rotterdam.
Jamaica is currently in discussions with Chinese investors to construct a logistics hub on the Goat Islands off the coast of the central parish of St Catherine.
It has been revealed that the intention is to build port facilities on the islands and an economic zone on the mainland to produce among other things, gantry cranes for the Latin American market. China currently has only 10 percent of the market for gantry cranes in Latin America and wants to increase that stake by producing the cranes in Jamaica through a US$1.5 billion which should employ 10,000 people.
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