Persian  | KFZO |  About us  |   Contact Us

                                Kish Trade Promotion Center 

 Home  |   Global Net    Iran Business |    Free Trade Zones  |  Exhibition  |  Trade Opportunities  

Kish Overview

Tourist Information

Shopping Centers

Kish Industry

 Investment in Kish

Training

Map of Jamaica
  Persian / English

 

 

 

 

 

 

Country name:

 Jamaica

 

Capital:

Kingston

 

Location:

Caribbean, island in the Caribbean Sea, south of Cuba

 

Description:

With an area of 10,911 sq km (4,244 sq miles), Jamaica is the largest island of the Commonwealth Caribbean and the third largest of the Greater Antilles, after Cuba and Hispaniola. A largely mountainous terrain reaches 2,256m (7,402ft) at the Blue Mountain Peak in the east, descending westward in a series of ridges and forested ravines. Over 1,000km (621 miles) of coastline offers fine beaches in the north and west. At its greatest extent, Jamaica is 235km (146 miles) long with a width that varies between 35 and 82 km (22 and 51 miles). The island is a quarter the size of Estonia, half the size of the Scottish Highlands, roughly the same size of the American state of Connecticut.

 

Area:

total: 10,991 sq km
land: 10,831 sq km
water: 160 sq km

 

Population:

2.8 million (CIA estimate 2007).

 

Languages:

The official language is English, but Patois is the conversational dialect most Jamaicans use on a day-to-day basis.
 

 

Economy - overview:

The discovery of bauxite in Jamaica during the 1940s spawned a thriving bauxite-alumina industry, shifting the island's economy from sugar and bananas. By the 1970s, Jamaica had emerged as a world leader in export of these minerals and today, bauxite accounts for more than half of the country's export earnings. During the mid 1990s the economy shrunk each year at a rate of 1%. In 1996, Jamaica navigated the troubled waters of an economic crisis that saw the GDP remain stagnant until 2000. In 2005/6, the economy grew by 1.8%. Economic policy has pursued a familiar course of privatisation of state-owned enterprises, deregulation, tight budgetary controls, and reform of the tax and banking systems. The process was supervised by the IMF and aimed principally at reducing Jamaica's large national debt burden. Although these measures improved Jamaica's financial position, it has offered little benefit to the population, with high inflation and unemployment rife. Today, tourism has become a major source of foreign exchange and Jamaica's economic backbone. Jamaica is a member of the Caribbean trading bloc, CARICOM, and of the Inter-American Development Bank.

Economy:

The discovery of bauxite in Jamaica during the 1940s spawned a thriving bauxite-alumina industry, shifting the island's economy from sugar and bananas. By the 1970s, Jamaica had emerged as a world leader in export of these minerals and today, bauxite accounts for more than half of the country's export earnings. During the mid 1990s the economy shrunk each year at a rate of 1%. In 1996, Jamaica navigated the troubled waters of an economic crisis that saw the GDP remain stagnant until 2000. In 2005/6, the economy grew by 1.8%. Economic policy has pursued a familiar course of privatisation of state-owned enterprises, deregulation, tight budgetary controls, and reform of the tax and banking systems. The process was supervised by the IMF and aimed principally at reducing Jamaica's large national debt burden. Although these measures improved Jamaica's financial position, it has offered little benefit to the population, with high inflation and unemployment rife. Today, tourism has become a major source of foreign exchange and Jamaica's economic backbone. Jamaica is a member of the Caribbean trading bloc, CARICOM, and of the Inter-American Development Bank.
 

Industries:

tourism, bauxite/alumina, textiles, agro processing, wearing apparel, light manufactures, rum, cement, metal, paper, chemical products, telecommunications

 

Exports:

Aluminium, bauxite, sugar, bananas, and rum. • Main trade partners: USA, Canada, China, Trinidad and Tobago, and the UK.

Imports:

Food and other consumer goods, industrial supplies, fuel, parts and accessories of capital goods, and machinery and transport equipment.

Exchange rates:



GDP :
US$12.8 billion (2006).

 

 

Useful links:

 

 

 

Ministry of Agriculture www.moa.gov.jm

Ministry of Commerce, Science and Technology www.mct.gov.jm

Ministry of Education, Youth and Culture www.moec.gov.jm

Ministry of Finance and Planning www.mof.gov.jm

Ministry of Foreign Affairs and Foreign Trade www.mfaft.gov.jm

Ministry of Health www.moh.gov.jm

Ministry of Industry and Tourism http://www.miic.gov.jm/

Ministry of Justice www.moj.gov.jm

Ministry of Labor and Social Security http://www.mlss.gov.jm

Ministry of Local Government and Community Development www.mlgcd.gov.jm

Ministry of National Security www.mns.gov.jm

Ministry of Transport and Works www.mtw.gov.jm

Ministry of Industry, Commerce & Technology

JAMPRO www.investjamaica.com

Private Sector Organization of Jamaica www.psoj.org

Jamaica Manufacturers’ Association www.jma.com.jm

Jamaica Chamber of Commerce www.jcc.org.jm

Jamaica Business Development Centre

Bank of Jamaica

Jamaica Stock Exchange

Investment in Jamaica

Jamaica Customs

JBS - Bureau of Standards, Jamaica

Jamaica Promotions Corporation (JAMPRO)

Statistical Institute of Jamaica (STATIN).

Jamaica Online Directory - includes business and residential listings.

Fair Trading Commission

University of Technolofy (UTech).

Daily Exchange Rate

 

 

  Copyright By :  Kish Trade Promotion Center  2002