Sat | Jan 11, 2025

PM hails JAMPRO

Published:Wednesday | July 14, 2021 | 12:08 AM
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Jamaica Promotions Corporation’s (JAMPRO) corporate office on Trafalgar Road in Kingston.
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Jamaica Promotions Corporation’s (JAMPRO) corporate office on Trafalgar Road in Kingston.
Prime Minister Andrew Holness (second left) breaks ground for the construction of IMCA Jamaica Limited’s corporate office on Spanish Town Road in Kingston, on July 9. Also participating (from left) are Dominican Republic Ambassador to Jamaica Angie Marti
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Prime Minister Andrew Holness (second left) breaks ground for the construction of IMCA Jamaica Limited’s corporate office on Spanish Town Road in Kingston, on July 9. Also participating (from left) are Dominican Republic Ambassador to Jamaica Angie Martinez; Sygnus Group President and Chief Executive Officer, Berisford Grey; IMCA Jamaica Country Director José Sasso; and Managing Director, Relmac Construction Company Limited, Ian McNally.
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Prime Minister Andrew Holness has commended Jamaica Promotions Corporation (JAMPRO) on its role in facilitating investments locally.

As the country’s principal investments promotions agency, the prime minister noted that the work of JAMPRO is key to the country’s growth strategy.

“I have been receiving good reports about JAMPRO. In recent times, investors have been very complimentary of the facilitating work that you are doing,” he said, adding that he is “very happy when I hear JAMPRO being commended”.

“I’m hoping that all Jamaican public-sector entities will adopt this facilitating and forward-reaching approach to ensure that we have more investments in this country,” he said.

The prime minister noted that investors have multiple destinations in Latin America and the Caribbean to choose from when making their business decisions, and “what will give Jamaica the edge is when an investor says to another, ‘I like to invest in Jamaica because the regulatory agents, the investment promotions agents [and] the environmental agents all work together to bring a sustainable solution in quick time for my business’.”

Holness was speaking during the groundbreaking ceremony for the development of a state-of-the-art corporate office for construction and mining equipment distributor, IMCA Jamaica Limited, along the Spanish Town industrial corridor in Kingston, on July 9.

Sygnus Real Estate Finance, a subsidiary of the Sygnus Group, has partnered with IMCA Jamaica to build the facility at a cost of approximately US$8 million.

President and Chief Executive Officer of the Sygnus Group, Berisford Grey, said the prime minister’s sentiments “echoed a lot of what the private sector thinks about JAMPRO”, noting that the agency was instrumental in facilitating the IMCA corporate office development project.

“I can truly say [that] JAMPRO is one of the great business facilitators in our country and we really appreciate the role you played on this project,” Grey added.