Sun | Aug 20, 2017

UPDATE: Shaw says Holness, Chinese Ambassador discussed investment projects

Published:Tuesday | March 1, 2016 | 3:08 PM
Prime Minister-designate Andrew Holness meeting with Ambassador of China Niu Qingbao.

Prime Minister-designate Andrew Holness and the ambassador of China, Niu Qingbao today met to discuss current and future investment opportunities. 

Several photographs of the two leaders were posted this morning on Holness' official Facebook page. 

Member of Parliament-elect, Audley Shaw told The Gleaner/Power 106 News Centre this afternoon that the meeting involved a general discussion on ongoing projects and future ones but did not give any details. 

Shaw said he also pointed out to the ambassador that he was the finance minister when Chinese financing was negotiated for the North-South Highway which should be opened soon. 

 

Member of Parliament-elect, Audley Shaw

Shaw said the incoming Andrew Holness-led administration acknowledges that China is a very important development partner. 

Shaw, who is tipped to become finance minister, stressed that the focus is on generating investments as Jamaica cannot afford to be engaging in any borrowing relationships. 

Locally, there have been criticisms of China's investment under the outgoing Portia Simpson Miller-led administration.

Critics have pointed to limited enforcement of local laws and environmental standards.