Four hundred business and public sector participants attend the event March 1-2
The Prime Minister of Jamaica, the Most Honourable Portia Simpson Miller, opened today the Jamaica Investment Forum in Montego Bay, an activity organized by the Government of Jamaica in partnership with the Inter-American Development Bank and the Compete Caribbean Programme.
More than four hundred participants discussed information and identified best practices with top speakers, sector experts and existing investors in Jamaica. In-depth business sessions explored investment-ready projects and the opportunities offered by Jamaica’s pro-business investment climate.
“This forum is an excellent opportunity for Jamaica to showcase its potential to international investors,” said IDB Vice-President for the Private Sector, Steven J. Puig. “We are excited to participate in the event and look forward to showcasing the financing options we have for Jamaican-based projects as well as making contacts with businessmen interested in the Caribbean’s largest English-speaking country.”
The forum focused on emerging projects in Jamaica’s burgeoning ICT/BPO, manufacturing and tourism sectors and brought together international investors with public and private sector representatives at the new Montego Bay Convention Centre in the island’s resort city.
The Inter-American Development Bank is a leader in social and economic development and one of the largest sources of multilateral financing for Latin America and the Caribbean. The IDB works with governments, companies, and civil society organizations from its 48 member countries, offering financial products and resources to help the region reduce poverty and inequality in a sustainable way.
The IDB is a member of the IDB Group, which also includes two entities that support the private sector: the Multilateral Investment Fund and the Inter-American Investment Corporation. The three group members offer complementary products and services that promote development through the private sector and maximize development impact. IDB Group members invest in projects to improve the business and investment environment and support companies whose projects promote social and economic development.
Compete Caribbean is an initiative promoting competitiveness in 15 countries in the region through an IDB partnership with the United Kingdom Department for International Development and the Canadian International Development Agency.