JAMPRO Hosts Investment Briefing for Mexican Delegation

Jamaica News, March 9, 2018 – JAMPRO Hosts Investment Briefing

Kingston, Jamaica (McKoy’s News) – The Jamaica Promotions Corporation (JAMPRO) hosted an investment briefing at the Agency’s Head Office in Kingston yesterday, March 6th, 2018, for a Mexican government delegation led by Mexico’s Secretary of Foreign Affairs, Dr. Luis Videgaray Caso.

The briefing, which included government minister Honourable Daryl Vaz, Executive Director of the Economic Growth Council Senator Aubyn Hill, and JAMPRO Deputy Chairman Metry Seaga, focused on areas for cooperation between both countries and the business opportunities available in Jamaica.

L- R (Back Row ) Agustin Garcia-Lopez Loaeza, Executive Director of the Mexican Agency for International Development Cooperation; Senator Aubyn Hill, Executive Director, Economic Growth Council; Hon. Daryl Vaz, Minister Without Portfolio, Ministry of Economic Growth and Job Creation; Dr. Luis Videgaray Caso, Mexican Secretary of Foreign Affairs; Metry Seaga, JAMPRO Deputy Chairman; Desmond Reid, Acting Under Secretary, Ministry Foreign Affairs and Trade; and (L-R Front Row) Claude Duncan, Vice President of Sales and Promotions, JAMPRO; Claudia Algorri, Director General of Communication; Suzette Smellie -Tomlinson, Vice President of Marketing, JAMPRO; Martha Cecilia Jaber, Mexican Ambassador to Jamaica, Ernesto Rios Patron, Director General of the Mexican Petroleum Institute, and Hector Ortega Nieto, Deputy Manager of the Foreign Secretary’s Office, pose for a group photo after an investment briefing hosted at JAMPRO on March 6, 2018.

Specific areas like Medical Tourism, Agribusiness, Energy, and Manufacturing were seen as highlights in the Jamaican economy for investment from Mexico, as the country has a high interest in these sectors. Mexico has already made significant investments in Jamaica, especially in Tourism and Mining, with noted projects including the Karisma Hotel and Resorts, Moon Palace and CEMEX Jamaica. The Secretary of Foreign Affairs expressed gratitude that Mexican companies have been welcomed by the Jamaican government and have experienced success locally.

During their presentations at the briefing, the Jamaican delegation also expressed that Jamaica was committed to working with Mexico to encourage more investments and increased business between Jamaica and Mexico, with Senator Hill emphasizing the need to increase opportunities for small businesses as a key area to receive focus. Minister without Portfolio in the Ministry of Economic Growth and Job Creation Daryl Vaz, assured the Mexican Delegation that his Ministry and JAMPRO were ready to work with Mexico to facilitate investments and other business opportunities.