KINGSTON, Jamaica — Senator Kamina Johnson Smith, Jamaica’s Minister of Foreign Affairs and Foreign Trade, has highlighted Spain’s significant role in supporting Jamaica’s economic development. Speaking at Spain’s National Day reception held at the Spanish Ambassador’s residence in St Andrew, Senator Johnson Smith underscored Jamaica’s emergence as a model of sound economic management over the past decade, fostering a business-friendly environment. She emphasized the importance of recognizing bilateral partners like Spain and Spanish companies for their contributions to Jamaica’s economic and national development goals. Investments in the tourism sector were cited as a prime example of this fruitful partnership. In January, both nations formalized a Memorandum of Understanding (MOU) for International Cooperation on Tourism, aimed at enhancing collaboration in gastronomy, human capital development, and resilience, reflecting their shared commitment to sustainable growth. Senator Johnson Smith expressed gratitude for Spain’s continued partnership, noting that Spanish investment in Jamaica’s tourism sector has exceeded US$2.5 billion. Spanish companies are among Jamaica’s largest investors, with major projects underway, including the Grand Palladium Hotel in Hanover, which will add 950 new rooms and dedicated housing for 550 staff members. The minister highlighted the project’s green planning and design, which will boost energy efficiency and sustainability while creating thousands of jobs. Spain’s Ambassador to Jamaica, José María Fernández López de Turiso, reiterated Spain’s commitment to trade and investment, noting that Spain is the fastest-growing economy in the Eurozone and a leading investor in Jamaica’s tourism industry. He also emphasized Spain’s diversified investments in renewable energy, construction, healthcare, and logistics, showcasing confidence in Jamaica’s economic strength.