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Dynamic free zones provide a magnet for inward investment FOUR strategically placed free zones, operated by the Port Authority of Jamaica, are playing a key role in encouraging industry and commerce while attracting inward investment. The four zones are: - Kingston Free Zone (KFZ) - Jamaica International Free Zone (JIFZ) - Portmore Infomatics Park (PIP) - Montego Bay Free Zone (MBFZ). These free zones are a magnet for inward investment. All four have flourished in a favourable commercial climate with attractive financial concessions. An educated and computer literate workforce is available at competitive rates and there is ready access to modern port facilities with efficient tele-
communications, forwarding services and connections by air and sea. The free zones are duty free areas where goods can be manufactured, warehoused and packaged for export – all free from normal taxes and Customs requirements.
Versatile Both the Kingston Free Zone and Montego Bay Free Zone contain versatile units for commercial activities. KFZ has standard modules, each of 558 square metres, for manufacturing or warehousing. MBFZ has office units, each of 465 square metres, for ICT activities. Portmore Infomatics Park has two-storey office modules of 4,654 square metres (50,000 sq ft). All units are built to international specifications and designed for safe and efficient operations.