Crime not affecting investment - PM

[Dr.Dudd]

Crime not affecting investment - PM
Tuesday, 20 May 2008
Prime Minister Bruce Golding has dismissed concerns on the international scene that Jamaica's worsening crime problem could affect the country's attractiveness to investors.

Speaking on BBC television programme "Hard Talk" Monday night, Mr. Golding said while crime is a major cause for concern, Jamaica continues to attract new investments.

"Despite the crime rate, investments continue to flow. We're negotiating now with some major investors ... we have one resort development where we're talking about US$5 and US7 billion of investments, I've just concluded negotiations with another group for an investment of US$2.2 billion so (crime) not the problem."

Spanish slowing down development

Mr. Golding also confirmed reports that the US recession is having a negative impact on the expansion of new hotel rooms in Jamaica.

The Prime Minister disclosed that the developers of a major hotel are reviewing the number of rooms to be constructed at this time.

"The North American market has turned sour and what the Spanish investors have said to us is that because the US market is soft, we're going to have to slow down in terms of the speed with which we were developing new accommodation in Jamaica and we accept that."






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[Dr.Dudd]

Re: Crime not affecting investment - PM

I have been giving the new government a chance to get theirt footing ,but this statement by the PM is one more that bothers me beyond being able to let it pass.
What does he mean by that?
You mean that his expectation for Jamaica's abillity to attract investments, is limited to what is now being offered?
How does he know that the investment potential of th ecounty would not be 10 times what it is at thus juncture?
I hope he is being misquoted,because he otherwise still does not understand th epotential of Jamaica.
Mt PM if Jamaica had unemployment insurance as as social security net for workers, national irrigation as a reliable means of guaranteeing productiuvity of the land, and the equal right of blacks to own lehal fire arms as every other race,to secure their homes,investors will be stumbling over each other to get in .
The reason why these are lacking,is to deter other investors and to allow the sons of pirates to keep th eeconomy as their own personal oister.
that policy does not even ebenfit them,as much as they believe. but the thirst for power usually resylt in acute myopia, and the evidence is clear. ....except for the short sighted..

[Blackstar*]

Re: Crime not affecting investment - PM

Mi juss read the firs sentence and seh to miself, "Wah kinda fawt is dat?" Bruce fi come bettah dan dat. [img]/forums/images/%%GRAEMLIN_URL%%/70400-talktohand.gif[/img]

Low expectations fi real, Dr Dudd.

[Tuff Gong]

Re: Crime not affecting investment - PM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body"> have been giving the new government a chance to get theirt footing ,but this statement by the PM is one more that bothers me beyond being able to let it pass.
What does he mean by that?</div></div>

The statement is stupid but the PNP made similar arguments for years and what more Doc you advanced very same positions as the PNP and the Prime Ministers over the years.

[Dr.Dudd]

Re: Crime not affecting investment - PM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Tuff Gong</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body"> have been giving the new government a chance to get theirt footing ,but this statement by the PM is one more that bothers me beyond being able to let it pass.
What does he mean by that?</div></div>

The statement is stupid but the PNP made similar arguments for years and what more Doc you advanced very same positions as the PNP and the Prime Ministers over the years. </div></div> I don't remember the PNP making ang sucg statement,or I personally would hav econdemned it.
As to me advancing that position,not even in my dreams would i do such a thing.

[Tuff Gong]

Re: Crime not affecting investment - PM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">
As to me advancing that position,not even in my dreams would i do such a thing. </div></div>

You consistently tried to play do the issue of crime for over 10 years on this BB. You posted every instance of the PNP talking points about this new investments or the this economic reports showing Jamaica doing better than what others were saying...just too many times for me to list.

Now if you are calling me a lier let me look!

[Dr.Dudd]

Re: Crime not affecting investment - PM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Tuff Gong</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">
As to me advancing that position,not even in my dreams would i do such a thing. </div></div>

You consistently tried to play do the issue of crime for over 10 years on this BB. You posted every instance of the PNP talking points about this new investments or the this economic reports showing Jamaica doing better than what others were saying...just too many times for me to list. If calling y0u a liar is the asme as saying that what you have just posted is not the same as saying I ever posted that "jamaica's crime rate never affected it's economic atractivness, I suppose you cold say that yes!
Nothing that you stated in this post support your previous statement. So not even in my dreams still stand.

Now if you are calling me a lier let me look! </div></div>