"We believe that our strengthening economy, which is far more diversified than our regional partners, gives us a unique advantage, and we expect that Jamaica will figure prominently in the projections of the UN Conference on Trade and Development and FDI that flows into developing countries, which is expected to continue rising over the next three years," said Hylton.

Jamaica has made deliberate moves to chart a path to growth on the logistics front by developing itself as a logistics-centered economy. Jamaica functions as a major logistics hub in the Western Hemisphere.

"Our ideal location as a logistics cluster for warehousing, distribution, re-labeling and light manufacturing facilities that are integrated into the global supply chain, has been well established and reaffirmed by several more recent studies," Hylton said. "With this proof of concept, we are moving with deliberate speed to attract and sustain the right mix of investment and global partnerships to realize our ambitions of becoming the logistics hub of the Americas and the fourth pillar of the global trading system."

Jamaica is also positioning itself as an ideal location for manufacturers seeking near-shore markets, quick conversion cycles and low-cost customized delivery options to major markets. Hylton feels Jamaica' geographic positioning compared to the Panama Canal and major markets in the US and Canada will benefit the island nation.

"The widening of the Panama Canal and the development of our logistics lane provides an investment opportunity for discerning investors," Hylton said. "Manufacturing will be focused on export and domestic operations, particularly niche products, including agro-processing and the assembly of products, such as electronics, medical devices and automobile components."