Home' Trinidad and Tobago Guardian : March 1st 2018 Contents Jamaica is reporting a record increase of visitor
arrivals to the island during the first two months
of the year.
Tourism Minister Edmund Bartlett, speaking
at a weekend ceremony here where he was hon-
oured Caribbean Tourism Minister of the Year
2017, by the Caribbean Journal, said that “we
ended January at 12 per cent over last year, and
February is still going ahead of last year”.
Bartlett said that the tourism industry is a “sig-
nificant driver” of Jamaica’s economy, noting that
it has been the fastest growing sector, and the larg-
est contributor to global gross domestic product
(GDP), over the last 10 years.
Data from the Jamaica Tourist Board ( JTB)
showed that a record 4.3 million tourists visited
Jamaica in 2017, providing a revenue flow of ap-
proximately US$3 billion.
He said the industry employs 10 per cent of the
global workforce, and accounts for more than 30
per cent of trade in services.
“Tourism today has become a mammoth indus-
try, that has embraced more than 79 countries,”
he stated. CMC
Thursday, March 1, 2018
Barbados has recorded an increase
of five per cent in stay-over arrivals last
Figures released here show that an
estimated 663,441 people arrived at the
Grantley Adams International Airport
(GAIA), an increase of 31,308 over the
2016 figure, while the Bridgetown Port
Inc (BPI) welcomed 818,752 cruise arriv-
als over the previous year’s 725,020, for
a total increase of 12.9 per cent.
The authorities said that of the 818,752
cruise arrivals, 137,541 passengers stayed
over in Barbados, above the 2016’s total
“I am delighted by this news and what
it says about Barbados’ tourism product.
“It is never easy as a mature tourism
destination to maintain growth at these
levels in the competitive business land-
scape in which we operate,” said Tour-
ism and International Transport Minister,
“But I am pleased that through strate-
gic marketing efforts we have once again
proven Barbados’ value as shown by the
record number of arrivals at both the air
and sea ports throughout 2017.”
The United Kingdom was the main
market for visitors with a 33.5 per cent
market share with 222,322 visitors, fol-
lowed by the United States with 28.4 per
cent or 188,970 arrivals.
Canada contributed 12.8 per cent of the
business, recording an increase of 7.9 per
cent or 85,209 arrivals.
Sealy said that Barbados was also able
to attract new investments in the sector,
noting “considering the numerous new
and increased services, we also saw it im-
portant to ensure that we had adequate
and quality accommodations available to
the additional arriving passengers. CMC
The National Industrial and Commercial Invest-
ments Ltd’s (NICIL) special purpose unit (SPU),
established to oversee the privatisation of the
sugar estates of the Guyana sugar Corporation
(Guysuco), is seeking GUY$30 billion over a four-
In a statement, the NICIL said the funds would
be needed to provide much-needed capital for the
estates and will cover infrastructure maintenance,
upgrades and development of new co-generation
capacity to support operations of the estates and
sell power to the national grid.
The holding company said it is confident in its
business case for Guysuco and expects positive
results with respect to securing funding for the
Earlier this month, Finance Minister Winston
Jordan said that the SPU was seeking to secure a
multi-billion dollar loan to fund the operations of
the Skeldon and Enmore sugar estates that will
soon be reopened on a miniature level.
“We cannot keep them closed and moth-balled,
because when the buyers come they would prob-
ably not be as impressed as if they were working...
once in operation they [investors] could also see
that they are valuable properties to acquire,” Jor-
dan told reporters.
In the statement, the NICIL said together with
the SPU, it is working with the Guysuco manage-
ment team to ensure the best deals are obtained
during privatisation of the estates here.
But the NICIL said that the SPU is concerned
that there is cultivated cane in the Enmore Estate
fields that need be harvested and processed, since
it represents significant revenue potential.
“While the SPU will provide the management
for the restarted estate, Guysuco will provide the
technical support,” the statement said. (CMC)
B’dos boasts record
growth in tourist
arrivals last year
Holding company seeking
billions as it moves
to privatise sugar estates
Jamaica pleased with
arrivals for the first
two months of 2018
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