Modern Port Infrastructure The Port of Kingston currently handles - - PowerPoint PPT Presentation

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Modern Port Infrastructure The Port of Kingston currently handles - - PowerPoint PPT Presentation

Modern Port Infrastructure The Port of Kingston currently handles 2.7 million TEUs of import and export cargo. Highways and Bridges Linking Jamaicas Economic Centres Montego Bay Freezone The MFZ is a highly rated near shore ICT


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Modern Port Infrastructure

› The Port of Kingston currently handles 2.7 million TEUs of import and export cargo.

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Highways and Bridges Linking Jamaica’s Economic Centres

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Montego Bay Freezone

› The MFZ is a highly rated near shore ICT Destination.

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Jamaica - High Attraction Contact Centre location

› Highly skilled, dedicated and service oriented work force › Very low staff turnover › Excellent telecommunications infrastructure › Cultural Attractiveness › English speaking › Close proximity to the US mainland and a gateway to both North and South America

Areas of customer interest for outsourcing

India 22% Latin/South America 18% Philippines 17% Caribbean 15% Europe 14% China 9% Canada 3% South Africa 2%

Source: The Worldwide Teleservices Outsourcing Market: Analysis & Forecast, 2002-2003, Customer Interaction Solutions, 2003

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ICT Investment Incentives

› 100% tax holiday on profits in perpetuity for service companies that export 85% or more of their services. › Duty Free Exemptions on:

› Capital goods › Consumer goods › Raw material, components or articles for use in an approved activity. › Articles imported for the construction, alteration, reconstruction, extension or repair of premises in the Free Zone › Articles for equipping premises, including

  • ffice equipment
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ICT Investment Incentives

› No restrictions on the repatriation of foreign currency › Free Zone companies can

  • perate foreign currency

accounts › Single Entity Free Zone status for qualifying companies

  • utside the Zone.

› Our National Training Agency,

  • ffers on-the-job training.
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JAMAICA: Highly Rated for Inward Investments › Global Growth Competitiveness Index:- › Ranks 86 of 117 countries › Ranks 45 on the Technology Index › Business Competitiveness Index: › Ranks 53 of 116 countries › Ranks 54th for business sophistication and quality of national business environment

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JAMAICA: Highly Rated for Inward Investments › World Investment Report (WIR):- › Ranks 21st as Inward investment Location among 141 countries. › World Trade Promotion › Ranks No. 1 from a Small Country by the World Trade Promotion Organisation based in the International Trade Centre

  • f the WTO.
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Investment Focus Sectors

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Tourist Attractions

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JAMAICA

Out of many Industries… …so many reasons to Trade and Invest