New JCC President Hails Positive “Junction” Of Economy

Immediate Past President Larry Watson (left) symbolically hands over the reins of power to new JCC President, Lloyd Distant Jr.

Newly elected President of the Jamaica Chamber of Commerce (JCC) Lloyd Distant says the country is at a positive business juncture not seen for 20 years.


He says that as the country enjoys a stable economic environment, there is a point of unique convergence for business and consumers alike – something not seen locally in over two decades.

Speaking at the annual general meeting of the JCC at the Knutsford Court Hotel in St Andrew on Tuesday, October 23, Distant remarked, “We are at a junction, a good junction; something we have not seen for at least the last 20 years.”


Distant listed positives to include business and consumer confidence hitting an all-time high; investments at unprecedented levels; a vibrant, world-leading stock exchange; and a relatively stable economy. He said with all this “the [JCC] will be a more vocal proponent of the things that will maintain and continue to drive growth.”


“There is a buzz taking place in the business community in Jamaica, and the JCC intends to continue to and enhance its role in making the expectations of this community become a reality,” the new JCC President contended.

“As an advocate for our members, the coming years will see the [JCC] leveraging all stakeholders in extending our drive for an environment that is business friendly,” Distant remarked.


Distant said that the redevelopment of downtown Kingston has been languishing in the JCC’s eyes and it will continue to champion all efforts to rebuild the downtown Kingston business district as a modern metropolis.

“The JCC understands that to achieve this, a sustainable economic environment system must be created, and we intend to increase our engagement on those initiatives that will support the necessary transformation, particularly, initiatives that will pull more traffic into downtown Kingston and engage more involvement of chamber members,” Distant asserted.


By: Gavin Riley

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