Jamaica updates investment policies amid hurricane recovery efforts

In late 2025, Jamaica faced a catastrophic blow from Hurricane Melissa, a Category 5 storm that caused damage equal to 40% of the nation's GDP.

In the wake of this destruction, the government has launched bold economic reforms to rebuild stronger.

A key initiative, 'FAST Jamaica,' has lowered its investment threshold to US$15 million, inviting a broader range of private capital to help fuel recovery.

Backed by a US$6.7 billion international support package, the government is not just repairing infrastructure; it is mandating higher resilience standards, such as moving power grids underground to withstand future storms.

Prime Minister Andrew Holness is pushing for a private-sector-led recovery that emphasizes innovation and self-reliance over simple aid dependency.

By streamlining approvals and maintaining fiscal discipline, Jamaica aims to return to its growth trajectory while building a more climate-resilient future.