President of the Jamaica Manufacturers and Exporters Association John Mahfood is again calling for more attention to be placed on Jamaican manufacturers. He says by doing so, international manufacturers will be more interested in investing in the country.
He also continues to urge Jamaica Manufacturers and Exporters Association members to make use of regional opportunities. “The negatives of investing in Jamaica far outweigh the benefits of proximity to the united states.”
Those are the words of Jamaica Manufacturers and Exporters Association President John Mahfood while highlighting that crime, and the cost of security and energy continue to be major deterrence to investments from international manufacturing companies.
The President says while he encourages the government’s efforts to secure foreign investors in manufacturing, he is imploring far more attention to be given to local manufacturers.
Also expressing great concern for the constant increase in the Bank of Jamaica’s interest rates, Mahfood reiterates there is a need for stronger leadership of the country.
Meanwhile, he is encouraging Jamaica Manufacturers and Exporters Association members to expand their businesses and increase exports to Caribbean countries.
The President was recently speaking at Jamaica Manufacturers and Exporters Association’s awards in Kingston.
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Reporter: Velonique Bowen
