Bookmark Jamaica-Gleaner.com
Go-Jamaica Gleaner Classifieds Discover Jamaica Youth Link Jamaica
Business Directory Go Shopping inns of jamaica Local Communities

Home
Lead Stories
News
Business
Sport
Commentary
Letters
Entertainment
What's Cooking
Caribbean
International
UWI/Eye on Science
The Star
E-Financial Gleaner
Overseas News
The Voice
Communities
Hospitality Jamaica
Google
Web
Jamaica- gleaner.com

Archives
1998 - Now (HTML)
1834 - Now (PDF)
Services
Find a Jamaican
Careers
Library
Power 106FM
Weather
Subscriptions
News by E-mail
Newsletter
Print Subscriptions
Interactive
Chat
Dating & Love
Free Email
Guestbook
ScreenSavers
Submit a Letter
WebCam
Weekly Poll
About Us
Advertising
Gleaner Company
Contact Us
Other News
Stabroek News

'Crime still scaring off investors'
published: Thursday | July 19, 2007

JUST OVER two years since the Private Sector Organisation of Jamaica (PSOJ) led an islandwide shutdown of the business sector to protest rising crime, one of its senior members said yesterday that violence remains the biggest deterrent to economic growth.

Richard Chen, a PSOJ vice-president and director of the Super Plus supermarket chain, told a Gleaner Editors' Forum yesterday that crime has scared off potential investors.

"Until we get it under control the investment (in Jamaica) won't take place," he said.

Downtown potential

Mr. Chen made reference to downtown Kingston to enforce his point. He said tha the area is home to over 500,000 people and several established businesses, crime has prevented it from achieving its full potential.

"There are many communities below Cross Roads and there are no supermarkets," Mr. Chen said. "It's not because people don't eat below Cross Roads, but a supermarket where you go in and pick up your things without feeling comfortable cannot survive."

He said that with police statistics showing that young males in the 15-25 age group are responsible for most crimes in Jamaica, more job opportunities should be open to this group in urban centres.

On May 25, 2005, the PSOJ initiated a nationwide lockdown of the commercial sector to protest the murders of May Pen businessmen Maurice Azan and Lloyd Phang. The organisation also staged a rally at Emancipation Park in St. Andrew to sensitise the populace to the country's runaway homicide rate.

More Business



Print this Page

Letters to the Editor

Most Popular Stories





© Copyright 1997-2007 Gleaner Company Ltd.
Contact Us | Privacy Policy | Disclaimer | Letters to the Editor | Suggestions | Add our RSS feed
Home - Jamaica Gleaner