12 October 2015 - Business View Caribbean
Opening
Lines
Debate that an MOU will be signed with European
and US interests to pave the way for a US$5-billion
investment in logistics-related projects.
The media and sections of the society have been
having a field day with this announcement, since
Dunn and Bradstreet raised concerns about the like-
lihood of the interested firms being able to afford
the price tag to take on the investment. Some per-
sons have even gone as far as calling for the minis-
ter’s resignation.
Further, the Professor Gordon Shirley-led National
Logistics Initiative Council (NLIC) is reported to have
raised concerns about the ability of the interested
firms (Krauck and Anchor) to undertake the invest-
ment. This report from NLIC is to be made public by
Cabinet in the near future, the media have reported.
Jamaica’s logistics hub initiative is bigger than
Krauck, Anchor and, I will also say, Minister Hylton.
The project is a most desirable initiative which the
country cannot afford to abandon. The benefits from
having Jamaica as part of the global logistic system
are immeasurable. We talk about the BPO sector,
which needs to expand and create more jobs. The
link between business process outsourcing and lo-
gistics is very clear.
We talk about revival in manufacturing. A logistics-
