Jamaica PM wants more investment from private sector

Jamaica’s prime minister has once again calling on the private sector to increase its investment in the country’s economy.

Andrew Holness said his government is working “very hard to ensure that every single Jamaican entrepreneur who has the industry, the drive, the enterprise, the entrepreneurship can, in the Jamaican environment, take the risk and invest”.

The prime minister was speaking at the recent opening of the new BMW and Mini showrooms in St Andrew.

The project is part of a US$50 million investment by Sandals Resort International, ATL Autobahn and Marriot International.

The funding will also see the construction of a lifestyle centre, featuring a hotel, conference centre, restaurant, spa and gym.

Holness commended the partners for their continued investment in Jamaica.

He said the government was ready to partner with private investors and make the necessary financing and policies available for an investor-friendly economy.

This will allow for increased economic growth and job creation, he added.