Doing Business in Jamaica

Syllabus of the Subject: Doing Business in Jamaica - Kingston.

1. Introduction to Jamaica (the Caribbean)
2. Doing Business in Kingston
3. Jamaican Economy
4. Foreign Trade of Jamaica
5. Foreign Direct Investment (FDI) in Jamaica
6. Business Opportunities in Jamaica:
   1. Food and beverages (coffee, rum)
   2. Maritime services and logistics
   3. Distribution
   4. Information and Communications Technology
   5. Manufacturing
   6. Tourism
   7. Business Process Outsourcing
7. Case Study:
   1. Coffee Industry Board of Jamaica
   2. Processed food sector
8. Access to the Jamaican Market
9. Business Plan for Jamaica
10. Introduction to the Jamaican History

The aims of the subject “Foreign Trade and Doing Business in Jamaica” are the following:

1. To analyse the Jamaican economy and foreign trade
2. To evaluate the business opportunities in Jamaica
3. To explore Jamaica's trade relations with the country of the student
4. To know Jamaica's Free Trade Agreements (FTAs)
5. To examine the profile of Jamaican business people and companies
6. To develop a business plan for the Jamaican Market

Sample of the subject - Doing Business in Jamaica

Description of the Subject (Online Learning): Foreign Trade and business in Jamaica.

Jamaica: The Caribbean logistics hub (Port of Kingston).

1. Jamaica has a strategic location in the Caribbean
2. Jamaican language: English
3. Capital: Kingston (937,700)
4. Jamaican population: 2.7 million people
5. Life expectancy at birth: seventy-four years
6. Area: 10,991 square kilometres
7. Independence: 1962 from the United Kingdom
8. Abolition of Slavery in Jamaica: 1854
9. African Diaspora in Jamaica: 2.6 million people (97% of the Jamaican population)
10. Marcus Garvey was born in Jamaica

Main religion in Jamaica: Christianity (95% are Catholics)

Jamaica belongs to the Caribbean Economic Area of the Western Civilisation

Jamaican Economy.

1. Market economy
2. Jamaican GDP: 14.36 billion dollars
3. Services: 80% of Jamaican GDP
4. Jamaican agriculture sector: 6.8% of GDP
5. Jamaica is the logistics hub of the Caribbean
6. Stable business environment
7. Key sectors of the Jamaican Economy: information and communications technology, manufacturing, tourism, Business Process Outsourcing, distribution, maritime services, and logistics
8. Government Vision 2030 National Development Plan
9. Currency: Jamaican dollar

Jamaican Foreign Trade.

1. Jamaican top exports: fine food (spices, rum, and Blue Mountain Coffee) and beverage
2. FDI inflows (2004-14): 6,71 billion dollars
3. Jamaican exports of goods: 1.4 billion dollars
4. Export: 10.6% of the Jamaican GDP
5. Port of Kingston: The largest container hub in the Caribbean
6. Export companies in Jamaica should register in JAMPRO
7. Jamaican agency responsible for attracting FDI: JAMPRO

Jamaica has Preferential Access and Free Trade Agreements (FTA) with

1. CARICOM
2. Colombia-Jamaica (CARICOM) Agreement (FTA)
3. Costa Rica-Caribbean Community (Jamaica) Agreement
4. CARIFORUM-European Union (EU) Economic Partnership Agreement
5. Caribbean-Canada Trade Agreement (CARIBCAN)
6. Caribbean Basin Initiative (CBI)
7. United States-Caribbean Basin Trade Partnership Act (CBTPA)
8. CARICOM-Dominican Republic Free Trade Agreement (FTA)
9. Caribbean Single Market Economy (CSME)
10. Association of Caribbean States (Jamaica)
11. Community of Latin American and Caribbean States (CELAC).
12. European Union-CELAC Summit

Colombia-Jamaica (CARICOM):

Jamaica is a member of:

1. Organisation of American States (OAS)
2. Economic Commission for Latin America (ECLAC)
3. Inter-American Development Bank (IDB)
4. Latin American and Caribbean Economic System (SELA)
5. The Caribbean Development Bank
6. The Commonwealth
7. World Trade Organisation (WTO)
8. International Monetary Fund (IMF)
9. World Bank (WB)
10. World Customs Organisation
11. United Nations

❮ Samples - Jamaica ❯

(c) EENI- Business School & Hispano-African University of International Business