Energy Sector Business Opportunities in Jamaica
The Jamaican government has committed to investing $7.3 billion in energy projects so that the country can meets its goal of generating half of its energy from renewables by 2037.
Learn about the energy sector in Jamaica, the reasons to consider doing business in the country, and the resources available to support your company in the market.
- U.S. companies have invested nearly $1B. in the Jamaican energy sector thanks to a favorable business climate, a growing economy, and strong bilateral trade.
- Jamaican utility JPS announced $500 million of investment in electric vehicle charging stations, two distributed energy projects, and a hybrid energy storage
- Jamaica is the largest island in the English-speaking Caribbean with a GDP of $15 billion. The Government of Jamaica has undertaken an economic reform program.
- The Government of Jamaicas trade and investment promotion authority, JAMPRO offers various tools and support for U.S. participants in these projects.