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August 2020
 

05 August 2020

Managing Director, EXIM Bank, Lisa Bell (seated left)[ and President, JAMPRO, Diane Edwards (seated right), display the Memorandum of Understanding (MOU) between the EXIM Bank Jamaica and Jamaica Promotions Corporation (JAMPRO), which aims to provide export development support for 48 SMEs seeking to access new markets for their products and services. The signing took place at the Bank’s offices in Kingston on July 30. Sharing the moment (standing from left) are Manager, Sales and Promotions, JAMPRO, Ricardo Durrant; Manager, Business Advisory Services, JBDC, Melissa Bennett; and Executive Director, Jamaica Manufacturers and Exporters' Association (JMEA), Imega Breese McNabb.

MOU Signed To Provide Export Development Support For SMEs

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 05 Aug 2020    nicola.wint   
A memorandum of understanding (MOU) was signed on June 30 between the EXIM Bank and Jamaica Promotions Corporation (JAMPRO) to provide export development support for 48 small and medium-sized enterprises (SMEs) seeking to access new markets for their products and services. Through the MOU, the EXIM Bank has created a club for exporters in Export Max III to access special services, fixed interest rates, reduced fees, market information, and other benefits that will ease the barriers to exporting for participating companies. Dubbed ‘Export Club’, it aims to provide export development support...


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Founder/Chief Executive Officer, OEXONE, Robert Kibo Thompson, points to a chart that highlights examples of how the OEXONE online platform will operate, at its launch on July 15, at the Jamaica Conference Centre in downtown Kingston.

Farmers Now Have Global Platform To Sell Produce

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 05 Aug 2020    nicola.wint   
Farmers across the island who have been complaining about being unable to reach markets due to the coronavirus (COVID-19) now have a global platform called OEXONE that they can join to upload and list their crop outputs, take orders and receive payments directly to their bank accounts from buyers around the world. The OEXONE platform facilitates diaspora trade, commerce and investment opportunities. Its key features are market-driven network capacity, driving consensus and addressing gaps that will enable shared business processes and optimise contractual transactions from simple purchase-to-...


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Sweet yam farmer Shermaine Barnett tends to her farm in Endeavour in the parish of St. Ann.

Sweet yam farmer has high praises for RADA

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 05 Aug 2020    nicola.wint   
Farmer Shermaine Barnett has high praises for the Rural Agricultural Development Authority (RADA) for the support given to her in the development of her sweet yam farm in Endeavour in the parish of St. Ann. The 40 year-old mother of 12-year-old Zarek, is one of 500 farmers growing sweet yam and approximately 4,000 farmers islandwide benefitting under the Ministry of Industry, Commerce, Agriculture and Fisheries’ Production Incentive Programme (PIP). The PIP is managed by RADA and targets nine crops, namely ginger, strawberry, cassava, Irish potato, onion, sweet and yellow yams, hot pepper and...


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Jamaica records 12 per cent increase in sweet yam under Production Incentive Programme

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 05 Aug 2020    nicola.wint   
There has been a 12 per cent increase in sweet yam production under the Ministry of Industry, Commerce, Agriculture and Fisheries’ Production Incentive Programme for the 2019/20 fiscal year when compared to the corresponding period of 2018/19. Acting Senior Director of Production Marketing and Special Projects at RADA, Collin Henry, informed that a total of 55 of the 130 hectares of the produce has been reaped, producing 800 tonnes valued $150 million. “This the farmers can use to be able to care of themselves and their families. To date, we have spent approximately $30 million dollars on...


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State Minister in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. Floyd Green.

Gov’t Committed To Driving Growth Of Social Enterprises

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 05 Aug 2020    nicola.wint   
State Minister in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. Floyd Green, says the Government is committed to driving the growth of social enterprises and enabling entrepreneurs to formalise their operations. Addressing a Social Return on Investment (SROI) virtual round table recently, Mr. Green noted that social enterprises have long been a feature in Jamaica, with many entrepreneurs operating informal businesses that are serving their communities in various ways. “Almost everyone that does business in the communities in rural Jamaica has a really strong social focus...


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The Ministry

Welcome to the official website of the Ministry of Industry, Investment and Commerce.

The Ministry of Industry, Investment and Commerce is described as Jamaica's "Business Ministry." It's mandate is to lead the development of policies that will create growth and jobs, while achieving social inclusion and consumer protection. The Ministry, working its stakeholders is primarily responsible for business policy development, monitoring and evaluation, while giving direction and oversight to a cluster of implementing departments and agencies.

We have, therefore, placed much energy and enthusiasm into the development of this website to provide timely information on the Ministry, our agencies and programmes.

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4 St. Lucia Avenue, Kingston 5, Jamaica
Telephone: (876) 968-7116 
Fax: (876) 960-7422 
Email: information@miic.gov.jm

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Fridays 8:30 a.m. - 4:00 p.m.

 

The Ministry of Industry, Investment and Commerce - https://www.miic.gov.jm