In 2022, Latin America and the Caribbean experienced a noteworthy 55% increase in foreign direct investment (FDI) overall. However, Jamaica’s inflows did not reflect the same level of growth, as reports indicated a marginal reduction of 0.2% for the period between 2021 and 2022. This disparity has raised concerns about various factors, including policies, that may be influencing potential investors. Furthermore, there is a growing interest in identifying sectors beyond tourism that could emerge as the next significant frontier for capital.
Joining us on Zoom is Dennis Chung, a chartered accountant, and in the studio with us is economist Keenan Falconer. Together, they will discuss the implications of this trend, exploring the potential impact of different factors on investor confidence and identifying sectors that could become key drivers of economic growth beyond the tourism industry.
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