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May 2023
 

02 May 2023

Deputy Chief Executive Officer (Acting), Companies Office of Jamaica, Heather Sutherland, speaking during a Jamaica Information Service (JIS) ‘Think Tank’ at the Agency’s head office in Kingston, on Tuesday (April 25).

COJ Announces Plans for Fiscal Year 2023/24

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 02 May 2023    admin   
The Companies Office of Jamaica (COJ) is looking to enhance its products and services during fiscal year 2023/24, to boost customer satisfaction. Details of this undertaking were shared by the entity’s Deputy Chief Executive Officer (Acting), Heather Sutherland, who participated in a Jamaica Information Service (JIS) ‘Think Tank’ at the Agency’s head office in Kingston, on Tuesday (April 25). Ms. Sutherland told JIS News that the objective of the engagement “is to always improve our products and services”. To this end, the Registrar has taken steps to improve its website. “At present, we are...


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Jamaica Ripe for Investment – MAHFOOD

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 02 May 2023    admin   
President of the Jamaica Manufacturers and Exporters Association (JMEA), John Mahfood, says the Jamaican economy is ripe for business and is urging investors to take advantage of the many opportunities that are available. Addressing the opening ceremony of the Expo Jamaica 2023 tradeshow on April 27 at the National Indoor Sports Centre in Kingston, Mr. Mahfood outlined several indicators, which he noted, create a positive environment for investment. These include sustained economic stability, an inflation rate that has been on the decline, while the debt to Gross Domestic Product (GDP) ratio...


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Senator the Hon. Aubyn Hill, address the opening of Expo Jamaica 2023 trade show on April 27 at the National Indoor Sports Centre in Kingston.

Expo Jamaica 2023 Aligns with Ministry’s Business Focus – Senator Hill

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 02 May 2023    admin   
The staging of Expo Jamaica 2023 is in keeping with the strategic objectives of the Ministry of Industry, Investment and Commerce, aimed at boosting exports and attracting more business to the country, says portfolio Minister, Senator the Hon. Aubyn Hill. “It fits perfectly with our aim to increase exports [and] bring in new investors –foreign direct investors and especially local direct investments,” Senator Hill told JIS News. The Ministry, which has been rebranded as ‘Jamaica’s Business Ministry’, is the title sponsor for the four-day expo, organised by the Jamaica Manufacturers and...


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Jampro President Shullette Cox speaking to reporters during a recent business forum. Beside her is Shane Angus, interim VP for exports.(Photo: Garfield Robinson)

Jampro targets blue economy for growth

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 02 May 2023    admin   
he Jamaica Promotions Corporation (Jampro) said it will be going after newer industries such as the blue economy as it pushes to drive diversification and bring greater value-added for the country. According to the European Commission, the blue economy involves "all economic activities related to oceans, seas and coasts." It entails the sustainable use of ocean resources for economic growth, improved livelihoods and job creation while preserving the health of ocean ecosystems. With the oceans, seas and coastal areas categorised among large contributors to food security and poverty eradication...


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Prime Minister Andrew Holness (centre) and Senator Aubyn Hill, minister of industry, investment and commerce, share in a conversation with Caribbean Flavours and Fragrances General Manager Janice Lee on the opening day of Expo Jamaica 2023 on Thursday, April 28, 2023.

'This a true partnership' JMEA welcomes Gov't sponsorship of Expo Jamaica 2023

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 02 May 2023    admin   
PRESIDENT of the Jamaica Manufacturers and Exporters Association (JMEA), John Mahfood and Aswad Morgan, chairman of the organising committee of Expo Jamaica 2023, on Thursday evening both welcomed the Government of Jamaica's (GOJ)sponsorship of the "largest trading show in the English-speaking Caribbean" through the Ministry of Industry, Investment and Commerce (MIIC). Expo Jamaica, which will close today, was officially declared open last Thursday, April 27, by Prime Minister Andrew Holness — who was the keynote speaker — at the National Indoor Sports Centre. The venue has been used, along...


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Prime Minister Andrew Holness marks the opening of Expo Jamaica 2023 with a ribbon cutting, joined by (from left) Jamaica Manufacturers and Exporters Association (JMEA) director Kathryn Silvera; Minister of Industry, Investment and Commerce Senator Aubyn Hill; Minister of Transport and Mining Audley Shaw; JMEA President John Mahfood; and chairman of the organising committee of Expo Jamaica 2023 Aswad Morgan. (Photo: Llewelyn Wynter)

Jamaica must export a lot more

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 02 May 2023    admin   
In the 61 years between 1960 and 2021 Jamaica produced a positive trade balance in only one of those years. That was a very long time ago in 1966. Over that 61-year period, our trade balance has become progressively worse, and it is a serious and depressing drag-weight on Jamaica's economic growth performance. Since 1966 the trade balance has grown wider and wider. Today there is literally a chasm between the vast amount of goods and services we import annually, compared to the relatively measly amount that we export. I was prompted to ask my research team to provide these trade balance...


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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

Opening hours: 
Mondays - Thursdays 8:30 a.m. - 5:00 p.m.
Fridays 8:30 a.m. - 4:00 p.m.

 


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