Prime Minister Andrew Holness has credited the State of Emergency in St. James with creating the environment for increased business investments in the tourism capital Montego Bay.
He was speaking yesterday at the opening ceremony for the ‘S’ hotel.
Mr. Holness noted that the support of more local investors is a sign of buoyancy.
He says the government will continue to promote investments, especially at the macro-economic level.
Meanwhile, the prime minister has indicated that the government’s policy of full asset utilization will be intensified this year.
The policy relates to the divestment of state assets which will facilitate increased investments and yield greater levels of economic growth.