OCTOBER 19 - NOVEMBER 19, 2020
THE WEEKLY GLEANER | OCTOBER 1 5 - OCTOBER 21, 2020 | www.jamaica-gleaner.com | I diaspora and those returning home to Jamaica can build their personal success while contributing to the country’s growth. Jamaica continues to expand and diversify its industries with a wide choice of ventures to choose from, and the island has strengthened its position as a regional business leader, being ranked the easiest place to do business in the Caribbean by the World Bank’s Doing Business Report. For export opportunities, persons often look to Jamaica’s flavourful fresh produce or other food-based products, which is widely known and accepted for its exotic taste and premium quality. But, there is more to Jamaica’s export sector; there are now opportunities to export IT Enabled Services, including the export of Digital Marketing, Customer Assistance, Legal Processes, Accounting and Human Resources services. Jamaica’s outsourcing sector continues to be a resilient high performer. With the upskilling of the island’s workforce through programmes like the Global Services Skills (GSS) Project, opportunities to invest in higher- valued services in Knowledge Process Outsourcing (KPO) and Information Technology Outsourcing (ITO) will also expand. If you’re interested in manufacturing, you can explore prospects in electronics, furniture, artisanal goods and apparel. Film and animation also present an opportunity for the Jamaican diaspora, based on its ability to provide jobs for the community, and a distinct opportunity to create wealth through the development of intellectual property. These sectors have projects that include elements of investments and exports, serving both the local and international markets. Jamaica Promotions Corporation (JAMPRO) focuses on connecting clients with excellent investment projects in energy (including renewables, a growing global industry), mining, agribusiness, manufacturing, business process outsourcing (BPO) and tourism. There are also investment opportunities in the creative industries, with projects seeking investors to share their growing success and the development of Jamaica’s creative economy. These sectors hold very profitable prospects, especially with duty-free incentives on the importation of goods and products, income tax credits and other lucrative benefits for doing business in Jamaica. The country also has a Special Economic Zone (SEZ) regime to encourage the creation of productive zones that have special concessions for investors. CONNECTING THE DIASPORA TO JAMAICAN BUSINESS OPPORTUNITIES As Jamaica’s investment and export promotions agency, JAMPRO looks forward to connecting the diaspora to business and investment opportunities in exciting sectors that are anticipated to take the Jamaican economy to the next level. To connect with JAMPRO and realise your export and investment goals and opportunities, visit http://www. dobusinessjamaica.com I RETURNING RESID ENTS FEATURE THE WEEKLY GLEANER | OCTOBER 19 - NOV MBER 19, 2020 | www.jamaica-gleaner.com | 5
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