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'Pipe dream': Gov’t's 2015 logistics hub plan

Published:Wednesday | May 29, 2013 | 10:21 AM

Jovan Johnson, Gleaner Writer



The Parliamentary Opposition says until Industry, Investment and Commerce Minister, Anthony Hylton, presents a plan with details and deadlines, Jamaica’s attempt to develop a logistics hub by 2015, will disappear and be lost to regional competitors.




As a major feature of its growth strategy, the Government is seeking to take advantage of the increase in the movement of goods when the expanded Panama Canal opens in 2015.



However, Opposition Spokesperson on Industry and Commerce, Gregory Mair, is insisting that without the specifics the project is a pipe dream. 



According to him, there has been little progress on the project since it began under the previous Jamaica Labour Party Administration.



Hylton has insisted that the project is not a pipe dream and said there are investors willing to pump huge sums into the US$8 billion project.



He has also reiterated that the Logistics Hub is expected to bring in excess of $9 billion as well as the provision of thousands of jobs.



Mair said the announced developments at Naggos Head and Cabinet's recent endorsement of plans for the Caymanas Economic Zone had already been completed under the JLP Administration.



He also raised questions regarding the status of the dredging of the Kingston Harbour, the transshipment commodity port in Yallahs, St Thomas and the dry dock facility at Jackson Bay, Clarendon.



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