Jamaica Tourism Minister Hon. Edmund Bartlett says the Jamaica Suppliers Directory is an innovative online-based initiative that will not only bolster the Tourism Linkages Network’s efforts of increasing consumption of locally-produced goods but also decrease the high percentage of leakages in the tourism industry.
Speaking at the launch of the directory during a meeting of the Tourism Linkages Council at the Ministry of Tourism’s New Kingston offices, Minister Bartlett stated that “the online directory is a step in the right direction as it will tackle the leakages in the economy, which is perhaps one of the main reasons we established the Tourism Linkages Network.”
He highlighted that a 2014 report conducted by the United Nations Environment Program (UNEP), showed that the Caribbean, though being the most tourism dependent region on earth, had the highest level of leakage of tourism expenditure.
“It is at 80 percent, that is 80 cents of every dollar being leaked; meaning it goes back to pay for the cost of tourism, the visitor and the inputs of the industry that are required. In the case of Jamaica, the report said that we were 70 per cent, with 30 cents of the dollar staying here and 70 cents leaving the country,” said Minister Bartlett.
“We, therefore, have to own the consumption side of tourism and build the capacity of our people to deliver on the experience and, by so doing, increase the level of retention of the tourism dollar in the economy. If successful, we will be able to create inclusive growth by the provision of jobs, which will lead to increased earning, consumption, tax revenues and the ability to better pay our debts,” he added.
Dr. Wayne Henry, Director General of the Planning Institute of Jamaica (PIOJ), shared that his agency underscores the Linkages Network’s vision as it is critical to the capacity building of people to positively impact the economy….