JAMPRO projects US billions in expenditure, 7,000
jobs
Jamaica Promotions Corporation (JAMPRO) is projecting to generate
some US$208 billion in capital expenditure and 7,000 jobs in the
2006 to 2007 fiscal year, which ends March 31 this year, says Sancia
Bennett Templer, acting president of that organisation.
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Ian Allen/Staff Photographer - A view of scenic
Holleywell. Jampro aims to place heavy emphasis on development
and the environment. |
She said that while JAMPRO's success is measured by the number
of jobs it creates through its investment projects, "The agency
is seeking to implement new programmes and initiatives which look
at an integrated approach to development while focusing on the need
to maintain the quality of the environment."
Hence, the ability of the country to attract sustainable levels
of investment to Jamaica will be dependent on the standard and quality
of the environment.
She noted that Jamaica's leading investment sector, tourism, which
contributed over 13 per cent of gross domestic product or US$1.9
billion in revenue in 2006, is heavily dependent on Jamaica's pristine
and unique offering of natural resources. She added that the "nation's
economic welfare rests heavily on the workable partnership between
economic development and environmental quality."
Mrs. Templer was speaking last Thursday in Kingston, where JAMPRO,
in association with the Canadian International Development Agency
(CIDA), hosted an interactive seminar at the Knutsford Court Hotel.
In the same breath, the JAMPRO acting president has commended the
work of the Government in its efforts to balance development and
the environment. "The Govern-ment's commitment to the environment
is reflected in the existence and enforcement of preservation laws
and regulations, as well as the number of protocols and treaties
which have been ratified," emphasised Mrs. Templer.
commits resources
JAMPRO continues to commit its resources through its facilitative
work as it tries to ensure that prospective investors are provided
with information and directed to the appropriate agencies, so that
no policies, standards or regulations are breached during the investment
process.
Speaking at the same seminar, Alcan professor at the University
of the West Indies, Anthony Clayton, is urging the Government to
make some changes to the current structure of the National Environment
Planning Agency (NEPA).
The professor is suggesting the replacement of the existing tripartite
structure with a single board. This would require a real integration
of planning and the environment, and NEPA being empowered to use
a wider range of instruments.
A proper structure plan for Jamaica is needed with some land areas
zoned for development (fast-track proposals, minimising processing
and delays), other areas put completely off-limits, and the third
category where proposals would be looked at on a case-by-case basis.
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