Fri | Aug 18, 2017

JMA to stage new trade show

Published:Thursday | January 12, 2017 | 1:29 PM

Jamaica Manufacturers Association (JMA) will host the Jamaica International Exhibition, a new trade show that will debut in June in Montego Bay.

JMA president Metry Seaga said JIE will feature more than 600 overseas buyers and suppliers.

“Today marks the launch of a multisectoral international trade show which will connect Jamaica to the rest of the world and the rest of the world to us,” Seaga said at the official announcement of the trade show on Wednesday.

“We are talking about hundreds of participants from within the Caribbean to faraway places such as China, Great Britain and other parts of Europe, North and South America and Canada. This is going to be held at the Montego Bay Convention Centre from June 1-4 and will redefine the meaning of the term ‘Brand Jamaica’.”

The JIE, he added, is the platform where “we mark our stamp as the place of choice to do business in the Caribbean and expand our reach to the rest of the world.”

As chief spokesman for the manufacturing sector, Seaga again used the occasion to again tout its primacy in the economy.

“The manufacturing sector contributes 8.6 per cent to the country’s gross domestic product,” the JMA president said. “It is the second largest contributor to government coffers at $55.9 billion. It also accounts for 20 per cent of total taxes collected for the 2015/16 fiscal year and requires a supporting trade environment to expand its role.”

He added that Jamaica is highly interconnected with the rest of the world, making it even more critical for the country to continue building and creating new relationships.

“Whether for export, investment, joint ventures or imports of critical input for all our industries, we have to continue seeking out new frontiers,” Seaga said.

The JMA Head however cautioned that like everything else there has to be the appropriate checks and balances to ensure transparency and fairness.

“It would be remiss of me not to point out that openness of market comes with a high level of vigilance,” Mr. Seaga further added. “We must ensure that products entering our markets are of quality and must comply with our local and international standards.”

JMA plans to stage the trade show biennially in Montego Bay.

This year’s event is reportedly costing around US$145,000 to stage, financed by JMA and sponsors.

business@gleanerjm.com