Lack of development capital hinders region, says New Fortress boss

Chairman of New Fortress Energy Wesley Edens said that despite various challenges, Jamaica and the wider Caribbean are ripe for investment.

"The need for capital investment (in Jamaica) is gigantic, (but) it's a good environment to invest in," Edens said while responding to questions from Christopher Zacca, president of Sagicor Jamaica. Both men were participating in a panel discussion at the inaugural natural gas conference on Wednesday at The Jamaica Pegasus hotel in New Kingston.