Jamaica

Dr. Scott MacDonald's picture

China Expands the BRI in the Caribbean: Jamaica on the Mind

In April 2019, Jamaica signed on to China’s Belt and Road Initiative (BRI). The two countries have had a positive relationship in recent years, with Chinese companies and banks active in the Caribbean country through such actions as Jiuquan Iron and Steel (JISCO)’s acquisition of Alpart in 2016, the proposed development of an Industrial Park and Special Economic Zone, and the completion of two state-of-the art early childhood institutions.

Dr. Scott MacDonald's picture

Rising Chinese FDI in Grenada’s Future

China’s interest in the Caribbean has increased considerably over the past decade. Most Chinese foreign direct investment (FDI) has been directed to those countries with natural resources or geo-strategic port locations—e.g., the Bahamas, Guyana, Suriname, and Jamaica. However, Chinese FDI has been active in other Caribbean countries as well, including Grenada, where it jumped from USD $4 million in 2006 to $14.5 million in 2013.