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Canadian businesses interested in logistics hub

Published: Wednesday October 16, 2013 | 9:00 am Comments 0

Minister of Industry, Investment and Commerce, Anthony Hylton, says businesses in Canada have indicated an interest in using the logistics hub to facilitate trade with other regions.

Hylton, who recently returned from a working visit to Canada says he expects Canadian companies to establish distribution centres within the logistics hub when it becomes fully operational in the next few years.

Speaking at a press conference yesterday, Hylton spoke of the significant interest expressed by the Canadians in using the logistics hub as a platform for Canadian commerce with the Caribbean and Latin America.

He noted that Jamaica sits in a highly strategic geographical position with the potential to facilitate trade between North American exporters and international markets.

Hylton said the mission to Canada affirmed his belief that several private firms in Canada are good candidates for participation both in current expansion projects and future developments in Jamaica.

He said coming out of the trip, several new trajectories and partnership opportunities have now been identified that can potentially lead to rapid advancement of Jamaica’s logistics hub.

The Logistics Hub Initiative forms part of the Government’s strategic priorities for 2013/14 and beyond, particularly in the area of job creation and economic growth.

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