Cabinet has approved a Memorandum of Understanding, MOU, with an investor group that will see more than 5-billion-US-dollars pumped into a series of logistics-related infrastructure projects.

The announcement was made by the Minister of Industry, Investment and Commerce, Anthony Hylton, at the Jamaica Investment Forum in Montego Bay today.

Anthony Hylton – Minister of Industry, Investment and Commerce.

Hundreds of local and international investors are attending the conference

They represent 90 international companies from across the world, including North America, Pakistan, Turkey, China, India, Spain, France and the UK.

The three-day conference ends tomorrow.