Includes how major projects are financed and gives examples where relevant. Explains activities of the multilateral development banks in and other aid-funded projects where procurement is open to
Last Published: 7/6/2017
Major projects are financed by one or a combination of the following methods: private and debt equity; bank loans; retained earnings; development bank financing; international private capital; bonds; and bilateral and multilateral loans and grants.  The U.S. government has received reports from U.S. businesspeople noting difficulties in securing domestic financing in Jamaica.  Local banks will often request several years of financial statements audited by Jamaican auditors, which newcomers to Jamaica are generally unable to provide.  The Overseas Private Investment Corporation, the U.S. Government’s Development Finance Institution, currently finances projects in Jamaica.

Multilateral Development Banks
U.S. Commercial Service Liaison Offices at the Multilateral Development Banks (Inter-American Development Bank, World Bank)
The Commercial Service maintains Commercial Liaison Offices in each of the main Multilateral Development Banks, including the Inter-American Development Bank and the World Bank. These institutions lend billions of dollars in developing countries on projects aimed at accelerating economic growth and social development by reducing poverty and inequality, improving health and education, and advancing infrastructure development. The Commercial Liaison Offices help American businesses learn how to get involved in bank-funded projects, and advocate on behalf of American bidders. Learn more by contacting the Commercial Liaison Offices to the Inter-American Development Bank and the World Bank.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.


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Jamaica Finance Market Access