Ja outperforms the Caribbean in foreign direct investments - UN report
Published:Saturday | July 7, 2012 | 9:14 AM
Jamaica reportedly received US$242 million in Foreign Direct Investments in 2011, a 5.8 per cent increase over the US$228 million in 2010.
The data is contained in the latest World Investment Report of the United Nations Conference on Trade and Development which was released on Thursday at a seminar held at the JAMPRO offices in New Kingston.
JAMPRO President, Sancia Bennett-Templer, says the increase in flows to Jamaica is a step in the right direction, coming off the global economic recession.
She says Jamaica outperformed the wider Caribbean, which saw a decline of 3.6 per cent.
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