<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Ministry of Industry, Investment and Commerce
Samuda Says Agriculture not attracting Enough FDIS
KINGSTON (JIS):
Friday, September 18, 2009
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Industry, Investment and Commerce Minister, the Hon. Karl Samuda (left), addressing the global launch in Jamaica of the United Nations Conference on Trade and Development's (UNCTAD) 2009 World Investment Report, at Jamaica Trade and Invest's (JTI) New Kingston office on Thursday (September 17).
Industry, Investment and Commerce Minister, the Hon Karl Samuda, says there is need for an infusion of technology into agriculture, as well as improved packaging and marketing of its products, internationally, if it is to contribute, significantly, to Foreign Direct Investment (FDI) inflows into Jamaica.
Mr. Samuda was addressing the launch of the 2009 United Nations Conference on Trade and Development's (UNCTAD) World Investment Report, which focuses on transnational corporations and agricultural production and development, at the office of Jamaica Trade and Invest (JTI), Trafalgar Road, New Kingston, on Thursday (September 17).
He lamented that agriculture has been a "relatively minimal player" in Foreign Direct Investment inflows to Jamaica. He said that the most recent figures indicate that Agriculture contributes a mere US$1 million which, he argued, suggested that sufficient focus has not been given to building its investment capacity.
"It can't work if we don't identify our priorities, and one of the things that I think can make us move forward, is to be able to offer to the world the type of perception that Jamaica is a country of quality," Mr. Samuda said</div></div>
here
Samuda Says Agriculture not attracting Enough FDIS
KINGSTON (JIS):
Friday, September 18, 2009
PRINT THIS SEND TO A FRIEND
Industry, Investment and Commerce Minister, the Hon. Karl Samuda (left), addressing the global launch in Jamaica of the United Nations Conference on Trade and Development's (UNCTAD) 2009 World Investment Report, at Jamaica Trade and Invest's (JTI) New Kingston office on Thursday (September 17).
Industry, Investment and Commerce Minister, the Hon Karl Samuda, says there is need for an infusion of technology into agriculture, as well as improved packaging and marketing of its products, internationally, if it is to contribute, significantly, to Foreign Direct Investment (FDI) inflows into Jamaica.
Mr. Samuda was addressing the launch of the 2009 United Nations Conference on Trade and Development's (UNCTAD) World Investment Report, which focuses on transnational corporations and agricultural production and development, at the office of Jamaica Trade and Invest (JTI), Trafalgar Road, New Kingston, on Thursday (September 17).
He lamented that agriculture has been a "relatively minimal player" in Foreign Direct Investment inflows to Jamaica. He said that the most recent figures indicate that Agriculture contributes a mere US$1 million which, he argued, suggested that sufficient focus has not been given to building its investment capacity.
"It can't work if we don't identify our priorities, and one of the things that I think can make us move forward, is to be able to offer to the world the type of perception that Jamaica is a country of quality," Mr. Samuda said</div></div>
here
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