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January 2025
 

28 January 2025

Executive Director of the HEART/NSTA Trust, Dr. Taneisha Ingleton.

HEART/NSTA Trust Providing Millions in Grant Assistance to MSMEs

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 28 Jan 2025    donovan.saunches   
The HEART/NSTA Trust has provided $21.9 million in grant assistance to entrepreneurs during the 2024/25 financial year. Of the total, micro, small and medium-sized enterprises (MSMEs) received $8.4 million, while $13.4 million went towards supporting trainee start-ups. “This ensures sustained financial support to empower entrepreneurs,” said Executive Director of the HEART/NSTA Trust, Dr. Taneisha Ingleton. She was addressing the opening ceremony of the Ministry of Industry, Investment and Commerce’s MSME Business Roadshow held recently at the Church of the Open Bible in Twickenham Park, St...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, addresses Wednesday’s (January 15) post-Cabinet press briefing at Jamaica House.

Industry Minister Wants More MSMEs Listed on Junior Market of Stock Exchange

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 28 Jan 2025    donovan.saunches   
Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, says he wants to see more micro, small and medium-sized enterprises (MSMEs) listed on the Junior Market of the Jamaica Stock Exchange this year. He also urged MSMEs to take advantage of the recent amendment of the Income Tax Act, which allows companies to raise up to $750 million during an initial public offering, an increase of $250 million. Senator Hill, who was addressing Wednesday’s (January 15) post-Cabinet press briefing at Jamaica House, reasoned that the aim is to build companies that can compete not just in...


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Senior Standards Development Officer, Bureau of Standards Jamaica (BSJ), Shane Slater.

 

BSJ Targeting Reactivation of Aggregates Technical Committee

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 28 Jan 2025    donovan.saunches   
The Bureau of Standards Jamaica (BSJ) is working to reactivate its Aggregates Technical Committee. This forms part of efforts to address growing concerns regarding the condition of a number of roads islandwide. Senior BSJ Standards Development Officer, Shane Slater, told JIS News that the committee will comprise representatives of key stakeholder groups, including government agencies, construction and engineering professionals, academia and consumers. “The Aggregates Technical Committee will review existing standards for aggregates and other relevant materials to determine whether revisions...


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Chief Executive Officer at the Jamaica Special Economic Zone Authority (JSEZA), Kelli-Dawn Hamilton.

JSEZA to Eliminate Annual Renewals of Operating Certificates

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 28 Jan 2025    donovan.saunches   
Effective April 1, 2025, the Jamaica Special Economic Zone Authority (JSEZA) will revise the Special Economic Zone (SEZ) framework to make provisions for the elimination of annual renewals of SEZ Operating Certificates for Developers and Occupants. Under the revised framework, Operating Certificates for Developers will now extend for the duration of the licence agreement, while Occupants’ certificates will match the length of their subconcession terms. By removing the annual renewal process, JSEZA is committed to reducing administrative burdens, promoting investment stability, and fostering...


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Trade Administrator/Chief Executive Officer (CEO), Trade Board Limited, Dr. (Maj. Ret’d) Hugh Blake, speaks at the recent World Internet Conference in Wuzhen, China.

 

Trade Administrator Calls for Strengthened Collaboration to Streamline Processes

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 28 Jan 2025    donovan.saunches   
Trade Administrator/Chief Executive Officer (CEO), Trade Board Limited, Dr. (Maj. Ret’d) Hugh Blake, has called for strengthened international collaboration to streamline trade processes, enhance digital infrastructure and harmonise regulatory standards. Speaking at the recent World Internet Conference in Wuzhen, China, Dr. Blake highlighted how nations can work together to enhance these collaborative efforts, paving the way for a more interconnected and equitable global trade ecosystem. “As cross-border e-commerce becomes a cornerstone of global trade, partnerships between nations and...


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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