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Jamaica Investment conference oversubscribed

Published:Thursday | March 1, 2012 | 9:15 AM

Janet Silvera, Senior Gleaner Writer


The Jamaica Investment Forum which officially kicks off this morning at the Montego Bay Convention Centre has been oversubscribed.

Prime Minister, Portia Simpson Miller headlines a top-notch list of speakers who will address delegates at the two-day event.

The prime minister is the keynote speaker at the by-invitation-only opening session tagged, ‘Invest in Jamaica: Invest in a Global Brand’.

Some 400 delegates from 16 countries, including the emerging markets – Russia and China – complemented by Sweden, Scotland, Serbia, Japan, Grand Cayman, Trinidad and Tobago, USA, Canada and the UK, are expected to converge on the Rose Hall facility.

President of JAMPRO, Sancia Templer, who heads the team of organizers, revealed that the original target was to host 150 delegates. However, that figure has almost tripled owing to the “strong interest of the business community.”

She said there has been tremendous interest, in terms of international companies that are involved in tourism, Information and Communication Technology, manufacturing and finance.

In fact, overseas investors top the 100 mark, with a contingent representing the manufacturing sector.

With the majority of the participants from the local industries, the JAMPRO president said the objective is to foster joint venture relations between overseas investors and the Jamaican businesses, while expanding the traditional sector and extending the value chain of what the country has to offer.

A very important aspect of the conference, Templer notes is the pairing of prospective investors with local international company CEOs, who are involved in the same type of business here.

“Some of the world’s leading investors and corporations have invested here and can attest to the island’s track record and how the business-friendly and pro-investment policies of the Government,” she said.

The opening of the Jamaica Investment Forum will feature presentations from Anthony Hylton, the Minister of Industry, Investment and Commerce, and a high-level representative from the IDB.

Other speakers include: Phillip Vandervoort, Head of Business and Marketing Operations at Microsoft; Barry Griswell of the Principal Financial Group; Steven J. Puig, VP for the Private Sector and Non-Sovereign Guaranteed Operations, IDB; Ancile Brewster, IDB Country Manager, Arthur Lok Jack, Chairman, Associated Brands Investments Ltd.; Josef Forstmayr, Round Hill Hotel; Helena Lawson Brooks, senior vice president of Specialty Operations, Convergys; Ambassador Patrick Casserly, Special Envoy for ICT; and Dr. Harsh Muthal, CEO, Tholons Inc.