Chinese investing in jamaica

Reuse this content. Jamaica didn’t throw off Britain simply to become an economic colony of another power. During a visit to Beijing with her ministers earlier this year, the prime minister announced a project which will dwarf the road in both size and cost.

Chinese Jamaicans are Jamaicans of Chinese ancestry, which include descendants of migrants from China to Jamaica. Early migrants chinese investing in jamaica in the 19th century; there was another wave of migration in the s and s. Many of the descendants of early migrants have moved abroad, primarily to Canada and the United States. James, in the yearmost Chinese Jamaicans are Hakka and can trace their origin to the indentured labourers who came to Jamaica in the midth to early 20th centuries. Later, ina third wave of Chinese migrants would arrive.

It should be noted that CHEC has contributed invaluable infrastructure, through their work in developing the new North South Highway which has significantly reduced the travel time for residents driving to and from the south to the north coast. Along with this development, Jamaica also has profited from increased employment in different departments that has resulted in consumption of local goods and services. Additionally, the company has embarked on projects to upgrade existing roads, alleviating perennial traffic issues plaguing drivers. The deal is set to bring permanent employment to residents and offer an after service to customers who purchase Shacman trucks. Tank Weld has partnered with Jamaica National Bank to provide loans to small haulage contractors so that they can be in a position to purchase trucks from the company.

Jmaaica is the opinion of two British Broadcasting Corporation BBC journalists that the investments that China is making in Jamaica must spark a level of caution in citizens. Loop highlighted the case in Sri Lanka, when China took control of a Chibese Lankan seaport and 15, acres of nearby land included in a year lease, after the Sri Lankan government defaulted on a Chinese bank loan. Gladstone Taylor. Jamaica must be wary of Chinese investments, say BBC journalists. By Frank FangEpoch Times. I just think you should be wary of chinese investing in jamaica countries, chinese investing in jamaica Britain. Most popular. Without accusing China of any wrongdoing, the veteran journalist said that there are aspects of the Chinese system of governance that Jamaica must be mindful of. During a visit to Beijing with investting ministers earlier this year, the prime minister announced a project which will dwarf the road in both size and cost. Stretching some 67 km Jamaica has become the hub of the Chinese presence in the Caribbean, and is now home to the regional investig of the state owned Chinese Harbour Engineering Company, CHEC which is building the highway link road. Topics Jamaica. Loading comments… Trouble loading? The Chinese have wide-scale investment in Jamaica, including a number of businesses and properties, as well as construction of the country’s highways and major roadways. Simon Mitchell, professor of geology at the University of the West Indies said the lack of transparency around the jamaicq and the building project was worrying.