
– Advertisement –
Prime Minister Andrew Holness says the Jamaican Government is working hard to make Jamaica the fourth main hub in the global logistics network.
The three main hubs in the global logistics network that Jamaica aims to join as the fourth are generally considered to be Singapore, Dubai, and Rotterdam in the Netherlands.
These locations serve as key “nodes” where global shipping, warehousing, and logistics operations converge. Jamaica’s goal is to become the primary logistics hub for the Americas, particularly due to its central position in the Caribbean near the Panama Canal.
He said they are making progress in several areas: improving infrastructure, forming special trade deals, updating laws, making it easier to do business, and keeping the economy stable.
“We are serious about this goal,” said Dr. Holness. He was speaking at the groundbreaking ceremony for the Kingston Gateway Commercial and Warehouse Complex, which will cost US$13 million and be built on Marcus Garvey Drive.
He also said that the Port Authority of Jamaica will soon start building the Caymanas Special Economic Zone (SEZ). This has been in the works for a long time. The first 50 acres will be developed, and they are looking for a major company to lead it. This will be Jamaica’s first real SEZ.
In addition, the Urban Development Corporation (UDC) is about to start another project. This one will offer about 40 plots of land for warehouses and industrial use. These plots will be around an acre each. They won’t automatically be SEZs, but buyers can apply for SEZ status later.
Dr. Holness said the government is creating the space and systems needed for SEZs to succeed.
He added that despite global challenges like tariffs and uncertainty, Jamaica is preparing to handle both problems and new chances. “In everything, I believe in choosing Jamaica,” he said.
The new Kingston Gateway Complex will have 21 modern warehouses and 112,000 square feet of rental space built to global standards.
Source: Jamaica GIS.
– Advertisement –
