Video guest: Josephine Mwangi

October 2017
M T W T F S S
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5



SELECT_TAGS :
















Twitter

Follow the CTA Brussels Daily

 

twitter logo

 

facebook logo cta

Thursday, 28 January 2016

Mexicans Investing Millions into Jamaica

Tourism interests from Mexico have been eyeing Jamaica as a great place to do business, investing millions of dollars into the economy and employing scores of Jamaicans. In 2015 alone, a number of investments have either been completed or are currently being negotiated. Some of the investments include: the purchase of the Sangster International Airport by the Mexican Pacific Group Gap; the US$200 million investment in the Moon Palace Jamaica Grande Resort by the Chapur family of the Mexico based Palace Resorts fame, and the purchase of Dolphin Cove by the Mexican company, Dolphin Discovery. This also falls in line with the recent news that Karisma Hotels and Resorts will be investing more than US$900 million in a hotel project in St Ann that will, over a decade, add 4,000 new rooms to Jamaica’s tourism sector and provide at least 8,000 direct jobs. Vice President of Corporate Affairs and Business Development at Karisma Hotel and Resorts,  Ruben Becerra, said his company’s decision to increase its investment in the island, was driven by the fact that Jamaica is one of the three fastest-growing tourism destinations in the Caribbean.

Source: Jamaica Information Service