Paradigm shift in Jamaican investment needs reach new gear, Mines Minister says

By Andrea Hotter / February 28, 2018 / www.metalbulletin.com / Article Link

Jamaica must focus on sustaining the "paradigm shift" in investment that occurred in the past couple of years, and "go full steam ahead" to maximize the benefits of value-added activities, the country's Minister of Transport and Mines said.

Lester Michael Henry said that the $6-billion investment planned by China's Jiuquan Iron & Steel (Group) Co Ltd (Jisco) as part of its acquisition of Alumina Partners of Jamaica (Alpart) is almost equivalent to the country's gross domestic product. "We must now focus on sustaining the paradigm shift and must go full steam ahead to maximize the benefits of value-added activities," he...

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