amaica’s Tourism Minister, Ed Bartlett
Thinking of investing in ethanol in Jamaica? Think again. That doesn’t seem to be the priority area for the new government as it was for the former administration. At least that’s the strong impression given by Tourism Minister Ed Bartlet when he addressed a group of Jamaicans in Toronto, who had turned out for a get to know you visit.
According to the minister, ethanol is a dead end street for the island because “even if you planted cane over every square inch of Jamaica we wouldn’t be able to make enough to supply one third of all the vehicles on the island. Fruits and vegetables are the way.
So, Mr Bartlet wants Jamaicans to invest in their homeland. In exactly what and how he didn’t say but he’d like to see Jamaicans transform remittances to friends and family into investment options to staunch the haemorrhage of capital into a cycle of non-production and instead start productivity flows to help suture crime and violence.
Bartlett, and apparently the government, believes that feeding money into the informal sector is dampening the drive of the recipients at home by making it difficult for businesses to compete with salaries that match remittance gifts. And this contributes to the crime that teems from slum life. Read more
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