Jamaican Government Enters into a Formal Memorandum of Understanding with Biojam for Industrial Research Park

Biojam plans to begin the feasibility study in the fall on the industrial research park which will strengthen Jamaica’s existing and future science and technology as well as encourage direct foreign investment. End Quote

With its vast natural resources and intellectual equity, Jamaica is poised to be the Silicon Valley of the Caribbean

(1888PressRelease) July 19, 2017 - KINGSTON, Jamaica ─ The Jamaican government is taking steps to establish and develop a first-class industrial research park which will strengthen Jamaica’s existing and future science and technology as well as encourage direct foreign investment. Through the National Commission on Science and Technology, Ministry of Science, and Energy and Technology, the Jamaican government entered into a formal Memorandum of Understanding with Biojam Industrial Research & Development Global, Inc.

“Private-sector development is a priority for the Government of Jamaica and the Memorandum of Understanding aligns perfectly with Vision 2030 Jamaica, the country’s first long-term national development plan,” explained Biojam CEO Christian Strachan during the recent signing ceremony in Kingston.

Illinois-based Biojam will use its global network to engage multiple industry sectors through research and development and manufacturing which addresses current and future potential needs of Jamaica. The research park will bring together strategic partners, business incubators and start-ups, along with an array of local and international academic institutions, scientific innovators and industrial entrepreneurs to venture into collaborative spaces.

The company is led by Strachan who was born in Jamaica and currently resides in Chicago.

According to Strachan, “With its vast natural resources and intellectual equity, Jamaica is poised to be the Silicon Valley of the Caribbean. We want to drive innovation in the region by generating new or unique solutions and embracing new ideas that will impact and enhance the quality of life both in Jamaica and throughout the Caribbean.”

Biojam has already received overwhelming support from various United States government agencies. The signing ceremony was witnessed by U.S. Representative Danny K. Davis (IL-D) during an official Congressional Trade Delegation Mission to Jamaica.

Biojam expects to begin a feasibility study in the fall 2017. For more information, please visit http://www.biojamirdp.com.

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Visit Biojam Industrial Research And Development Global, Inc. Website

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