Give fair playing field to local contractors

THE EDITOR, Madam:

AS AN entrepreneur in local construction industry for 25 years, I stand in awe of the fact that the construction industry plays such a pivotal role in economic development, employing local contractors to undertake projects. However, discrepancy often exists in the treatment of local contractors, compared to our overseas counterparts.

Local contractors often grapple with limited access to financial resources, bureaucratic red tape, and complex regulatory frameworks impede the growth and sustainability of our local construction businesses. Additionally, the competition from large international firms with greater financial capabilities and established reputations poses a significant barrier to us as local contractors.

In contrast, overseas contractors entering the Jamaican market frequently benefit from wellestablished networks, financial backing, and advanced technologies. They often bring a wealth of experience, cutting-edge methodologies, and the ability to undertake large-scale projects. However, from where I sit, the influx of overseas contractors has made me concerned about the potential displacement of local businesses and the draining of resources from the local economy.

Some of the key observations and concerns are:

•Local contractors face challenges in securing contracts, compared to overseas counterparts who might have easier access to lucrative projects, sometimes due to preexisting global partnerships.

• Local contractors encounter more stringent regulatory processes and compliance requirements, adding layers of complexity to their operations, compared to overseas contractors who might navigate these processes more seamlessly.

•Overseas contractors have more financial resources at their disposal, enabling them to invest in advanced technologies, skilled labour, and efficient project management systems, giving them a competitive edge.

• Local contractors inherently possess a better understanding of the local culture, labour market, and regulatory landscape, yet their value in this regard may be overlooked in favour of perceived international expertise.

In my opinion, these disparities will have long-term implications for Jamaica’s construction industry. It could lead to a potential draining of local talent and resources, limiting growth of domestic businesses, and hindering development of a selfsustaining construction ecosystem. I, for one, have no intention of leaving Jamaica, after all, ‘I man born yah, I nah leave yah’. However, can I remain in business for another 25 years at this rate?

Addressing the disparities in the treatment of local and overseas contractors is crucial for fostering a fair and competitive environment. By implementing policies that promote local talent, providing financial support, and streamlining regulatory processes, Jamaica can create a more level playing field that encourages the growth of local contractors, while still benefiting from international expertise and innovation.

How can we strike a balance? Who will be the catalyst for these changes? When do we start the process? What will it take for our voices to be heard?

ROHAN GRANT CEO, Garco Construction