Rodger @Jamaica


“The electricity factor is a very great hurdle to make investment in Jamaica profitable. It is a concern that the foreign investors have, and it is a concern also shared by some companies of the private sector,” and also ” Two adjustments last year — the latter in October — pushed up non-fuel energy charges by as much as 49 per cent. The hotel sector was hit particularly hard by those increases with many resort operators seeing their costs go up by as much as 70 per cent, Silva said”

In the same article quoted above

“Omar Azan president of the Jamaica Manufacturers’ Association, concurred with Silva’s statements, and supported the diplomat’s call for solutions from the Government.”

From the article Too High, JPS Spanish ambassador says electricity costs hurting investors By Corey Robinson of the Jamaica Observer.

WHO SHOULD ATTEND?

Managing Directors, CEOs, CFOs, COOs, CMOs, Financial Controllers, Commercial Directors, Government Agencies & Organizations, SMEs, MNCs.

All tickets include meals, refreshment, industry specific presentations by VIP speakers, energy saving literature, building energy assessment form completion with ROI, IRR analysis, B2B meeting with international, local energy saving equipment vendors, contractors, consultants.

Guarantee 100% refund on ticket purchase if energy assessment does not prove to reduce energy consumption & energy cost by 30% to 70% with a simple payback time of 3-5 years.

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OTHER ARTICLES ON THE HIGH COST OF ENERGY

You may have read one or two of the following articles which affects your business.

1. Outrage at JPS, OUR Sector leaders blast electricity increase By Paul Henry Jamaica Observer.

2. 2012 date set for LNG project By Jamaica Observer

3. OCG starts probe of LNG tender process By Jamaica Observer

4. Electricity said biggest negative to production Monday Exchange By Patrick Foster Jamaica Observer.

7/31/2010 4:04 PM