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Thursday, 21 January 2016

JAMPRO Facilitates Over $27 Billion in Investment and 8,261 Jobs

The Jamaica Promotions Corporation (JAMPRO) is reporting major success in promoting and facilitating investment and employment opportunities for the 2014/15 financial year. Speaking at a JIS Think Tank on January 13, President of JAMPRO, Diane Edwards, said “we have recorded capital expenditure/capital investment of $27.1 billion for JAMPRO-facilitated projects.”“(This) represents a 33 per cent overachievement of our targets for that financial year,” she added. In terms of job creation, she noted that JAMPRO stimulated the creation of 8,261 jobs against a target of 7,714 and facilitated linkages contracts during that period to the value of $994 million, which represent a 121 per cent achievement. In export sales, she informed that the agency achieved 71 per cent of the target, despite severe drought, which impacted fresh produce and processed foods.

Source: Jamaican Information Service