AMCHAM launches Vision 2018

BALFORD HENRY Senior Staff Reporter

Saturday, June 20, 2015

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The American Chamber of Commerce (AMCHAM) says it is rolling out a new vision for members and their role in Jamaica which will be branded, "Vision 2018".

AMCHAM says that its major programme of work will, among other things, seek to assist in garnering at least 70 per cent of Jamaica 's Foreign Direct Investment (FDI) inflows, and promulgate a major vocational education programme across the island.

"Our vision is to champion FDI and trade, by leveraging the global AMCHAM network and our strategic relationships in order to drive growth for our members' businesses and Jamaica," says AMCHAM President, Ron McKay.

He was speaking with the media after a retreat of its directors at the residence of United States Ambassador to Jamaica, Luis Moreno, in Kingston, recently.

McKay encouraged more small and medium-sized Jamaican companies to join its ever-growing member base.

The chief executive officer (CEO) of ADS Global, a business process outsourcing company based in Montego Bay, McKay also noted that AMCHAM will work harder at getting companies to think "beyond our borders" and make further inroads into the Latin American market.

He noted that the Association of American Chambers of Commerce of Latin America and the Caribbean (AACCLA) comprises 28 AMCHAMs, representing more than 20,000 companies and more than 80 per cent of foreign investment in the region.

"Jamaican businesses need to plug themselves into these markets and we are there and really well placed to help," McKay said.

The American Chambers of Commerce (AMCHAMs), outside the territorial United States , are non-profit, independent associations formed by US business people and nationals who do business with the United States, throughout the world.

AMCHAM is affiliated with the Chamber of Commerce of the United States of America (COCUSA) in Washington DC , the largest federated business organisation in the world, with offices in 65 countries.

He said that he is proud that it has reached a 28-year record high in membership with 50 new companies representing a more than 30 per cent increase.

"We are going to be more vocal and offer suggestions to a number of pressing issues that impact our members' businesses, including corruption, tax and duty matters, market barriers of entry, ease of doing business, economic stimulus, small and medium enterprise growth and a raft of other issues," McKay said.

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