Wednesday, October 14, 2015
STEWART… we pour 7.3 million cups of Blue Mountain coffee in our hotels annually (PHOTO: KARL MCLARTY)
Adam Stewart, CEO of Sandals Resorts International, says the hotel group is contributing roughly $3 billion to the local manufacturing industry each year.
Speaking at the Jamaica Manufacturers’ Association Annual Awards Banquet at the Jamaica Pegasus hotel in New Kingston last Saturday, Stewart told the audience that despite adversarial relationships between the manufacturing and tourism sectors in previous years, both sectors now have a greater appreciation each other’s operations and are now in discussions to increase business activities.
Jamaica’s manufacturing sector currently contributes 8.3 per cent of gross domestic product and is hailed for providing roughly 73,000 jobs for the country. That’s estimated to be 6.5 per cent of Jamaica’s total employment rate. The sector also contributes $30 billion in taxes and exports up to US$680 million worth of products annually.
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