On an export and investment business mission to Mexico, Senator the Hon. @aubyn.hill, Minister of @industryminja and delegation, was hosted at a breakfast meeting by Mexican Business Council for Foreign Trade (COMCE), July 18th.
COMCE is the umbrella organization of the private sector whose mission is to promote foreign trade and foster the development and competitiveness of Mexican companies.
This meeting provided networking opportunities with key business people from COMCE membership and the Jamaican public and private sector delegates.
Minister Hill stated that we are looking to partnering with members of COMCE to develop and expand markets in Mexico (120M people) for Jamaican products and services, and to establish a Jamaican-Mexican Chamber of Commerce.
There is already significant investment by Mexican companies in Jamaica in business sectors such as hotels, cement and airports. In response, Mr. Mark McGuiness, President, Mexico-Jamaica arm of COMCE noted that the Mexican Business sector is looking to diversify their investment outside of Mexico with a special focus on Jamaica and the Caribbean.
Source: MIIC
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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.
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