FOREIGN AFFAIRS and Foreign Trade Minister, K.D. Knight, has invited the New Jersey corporate community to forge business ties with their counterparts in Jamaica, noting that the country was now experiencing a range of investment opportunities not seen in over 40 years.
"Not since Independence have we experienced such an exciting period of investment in such a wide range of areas in the Jamaican economy," Minister Knight said at the official launch of the New Jersey Trade Council (NJTC) at the Kean University campus recently.
He pointed out that the strong interest from overseas investors from as far away as Europe and Asia was a result of sound economic performance highlighted by a stable exchange rate, low inflation, high net international reserves and the reform of the financial sector.
He said that in light of this strong interest in the country by both local and foreign investors, Jamaica was interested in forming business linkages with New Jersey, because of the state's vibrant business sector, an unusual and interesting mix of large, medium and small firms, and its strategic location on the North American mainland.
PROMOTING TRADE
He noted further that the large number of Jamaicans who were integrated into every facet of the New Jersey community, including its legislature, made the Trade Council an ideal medium to promote trade between individuals and organisations in New Jersey and Jamaica.
Minister Knight listed an impressive range of investment initiatives in such sectors as tourism, bauxite and alumina, highway construction, infrastructure development, telecommunications,
commerce and energy.
