Logistics Hub Project Could “Transform” Jamaica’s Economy

theworldismine13

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Hylton: Logistics Hub Project Could “Transform” Jamaica’s Economy

The logistics hub project which Jamaica’s government has made priority has the potential to transform the country’s economy, according to Industry Minister Anthony Hylton.

The Minister was speaking about the project this week at a meeting of the Montego Bay Chamber of Commerce and Industry.

“This is the big idea that has the potential to transform our economic fortunes, and from which present and succeeding generations will all benefit,” he said. “Montego Bay will not be left out of the development plans, or out of the opportunity to invest in the initiative.”

The project will have six elements, including the dredging of the Kingston Harbour; expanding the port facility at Fort Augusta and Gordon Cay; establishing a Dry Dock facility at Jackson Bay, Clarendon and establishing a transshipment commodity port facility near Yallahs, St Thomas.

Jamaica would also develop the Caymanas Economic Zone and an air cargo and passenger facility at Vernamfield.

“This is the most transformative economic activity that we will undertake as a government, in partnership with the Jamaican private sector, the global investment community, the multilateral and bilateral institutions and significantly our friends in Panama,” he said.

The plan is to take advantage of the scheduled expansion of the Panama Canal, which is set to be complete in 2015.

Hylton said that the hub would not be successful without a “speedy and effective business environment,” however, and that Jamaica would seek to reduce red tape and monitor the country’s progress on the World Bank’s Doing Business report.

If the project goes according to plan, he said, the project would be ready for “full take-off” in mid-2015.
 

KENNY DA COOKER

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Might transform the economy, but it won't CHANGE the social conditions

and that's based on two words in that article "WORLD BANK"

that huge debt that Jamaica owes, has stifled jamaica for years....

also consider the general populace will be like the numerous cabana boys and girls working the hotels and resorts...

which means slave wages and horrible working conditions

the big boys (corporations) will eat...but likkle Trevor will continue lick off shots from di gun pon his hip as a Shotta , because di bwoi family starving fi life....seen

all that shyt is basically the globalists finally having thier way by ridding jamaica of any marxist ideals and the redistibution of wealth, by considlating all the money and power in the hands of people whom have no sincere intrest in improving the state of affairs of jamaica.

FIYA PON BABYLON!!!! :bustback:
 

theworldismine13

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Might transform the economy, but it won't CHANGE the social conditions

and that's based on two words in that article "WORLD BANK"

that huge debt that Jamaica owes, has stifled jamaica for years....

also consider the general populace will be like the numerous cabana boys and girls working the hotels and resorts...

which means slave wages and horrible working conditions

the big boys (corporations) will eat...but likkle Trevor will continue lick off shots from di gun pon his hip as a Shotta , because di bwoi family starving fi life....seen

all that shyt is basically the globalists finally having thier way by ridding jamaica of any marxist ideals and the redistibution of wealth, by considlating all the money and power in the hands of people whom have no sincere intrest in improving the state of affairs of jamaica.

FIYA PON BABYLON!!!! :bustback:

well you can't transfer wealth to an uneducated population, so it is true that likkle trevor will continue to lick off shots but that is his decision, unless he gets an education he will not see any money

what you can do is is create capital in the country and then use that capital for education, but for that to happen to population has to force that, if likkle trevor is busting off shots in his own neghborhood then there isnt any reason for the powers that be to pay any attention to him, so its a 2 way street, its the people to that have to change also
 

newarkhiphop

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The project will have six elements, including the dredging of the Kingston Harbour; expanding the port facility at Fort Augusta and Gordon Cay; establishing a Dry Dock facility at Jackson Bay, Clarendon and establishing a transshipment commodity port facility near Yallahs, St Thomas.


anybody read this and think

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