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IDN | Oct 5, 2024

PM invites Indian investors to explore opportunities in Jamaica

/ Our Today

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Prime Minister Andrew Holness addresses a dinner reception on Tuesday, October 1, 2024, during his official visit to India (Contributed Photo)

Prime Minister Andrew Holness has invited Indian investors to explore business opportunities in Jamaica.

He cited prospects for innovative business investment in tourism, infrastructure development, renewable energy, animation, medical tourism and health.

He noted that, with the island’s extensive harbour and port systems, “We are the gateway for Indian innovation in the Americas. I think the time is right for a trade and business delegation from India to visit Jamaica. I mentioned this to Prime Minister [Shri Narendra] Modi and he welcomed the possibilities of such a trade delegation.”

The prime minister was addressing a dinner reception on Tuesday, October 1, during his working visit to India.

He said that his trip is intended to herald a new era of Jamaica-India friendship and partnership.

Dr Holness said that Jamaica is looking forward to working with the Confederation of India Industry (CII) to explore areas of cooperation.

Of special interest, he noted, is working with Indian companies on joint research projects and technology transfer “to enhance Jamaica’s research and development landscape, particularly in the areas of biotechnology, as well as products and drug development, using Jamaica’s natural resources”.

“We also want to welcome Indian companies providing software development and maintenance, cybersecurity, back-office, finance and accounting services,” he added.

Based in New Delhi, CII is a non-governmental trade association and advocacy group that represents the interests of Indian businesses in various sectors, chiefly engineering, manufacturing, consulting, and services.

The organisation works to create and sustain an environment conducive to the development of India.

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