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2006
2006, July 6: The Port Authority of Jamaica
has moved ahead with plans to develop a modern distribution hub in Kingston,
using its subsidiary company, Jamaica International Free Zone Development
Company.
Plans were initiated in 2005 for the development
of the hub, which will facilitate the redistribution of goods, particularly
from Europe and Asia, into the United States, England, Central and South
America.
Jamaica’s Minister of Transport, Robert
Pickersgill, in his contribution to a Parliamentary debate on July 4, said that
the development of the facility, would expand the income base and improve the
profitability of the Port Authority.
He said that” “… enterprises operating in the
distribution hub will be involved in the stripping, re-packaging, assemble and
redistribution of goods. There will be scope for accommodating light
manufacturing".
According to the Minister, "… the development of
distribution hub capacities will open up opportunities for international
manufacturers to redistribute cargo on a timely basis in this hemisphere. The
facilities will also provide a base for manufacturing and export to the region,
while creating a solid platform for the marketing of goods and services offered
by Jamaica and other Caribbean countries".
Meanwhile, Zim Shipping Line has also begun
distribution hub operations in the island under a partnership agreement with the
Jamaican port authority. The Minister explained that "the Zim Company plans to
offer logistics services including deconsolidation of shipments from China and
other countries, and re-packaging for destinations throughout the Americas. It
is expected to handle 300, 600 and 1,000 containers a month in the first, second
and third year respectively".
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