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Government Identifying Lands for Farming

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 03 Jun 2016    hbembridge   
The Government is seeking to identify mined out bauxite lands ideally suited for farming and the provision of irrigation water. Minister without Portfolio in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. J.C. Hutchinson, says this among of initiatives being undertaken to assist farmers in further boosting crop production. “We are going to be working with the Rural Agricultural Development Authority (RADA) to identify those areas that have good (mined out) lands (which have been restored and) can go into production…and to assist farmers who want to use some of these lands...


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Gov’t Ignites 30 MSMEs

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 03 Jun 2016    hbembridge   
Some 30 Micro, Small and Medium-sized Enterprises (MSME) are to benefit from grant funding to commercialise their projects under the Innovation Grant from New Ideas to Entrepreneurship (IGNITE) Programme. “New businesses will be targeted under this pilot project, which will last for two years,” said Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda. He was speaking at the official opening of a training facility for small businesses located at the Restoring Entrepreneurial Success Through Education and Technology (RESET) Caribbean Foundation offices on Brompton Road...


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JAMAICA STRENGTHENING CO-OPERATION WITH CUBA

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 27 May 2016    hbembridge   
Jamaica is moving to strengthen co-operation with Cuba on key industries, such as agriculture and manufacturing, which can benefit both nations. Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, said Jamaica is seeking to learn from the experience of Cuba, which “has done remarkably well with limited resources.” He noted as well that Cuba has stayed on the cutting edge of competition with the technology that they have introduced, particularly in the sugar cane industry. The Minister was speaking on May 25 at a luncheon he hosted for Deputy Minister of Foreign Trade...


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Hon. Karl Samuda addressing a Micro Finance Institutions Meeting hosted by the Jamaica Association for Micro Finance chaired by Dr. Blossom O'Meally-Nelson on May 18, 2016.

MICROCREDIT BILL FAR ADVANCED

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 20 May 2016    hbembridge   
The draft Microcredit Bill, which aims to create an authority to regulate micro financing firms, is in an advanced state. This was disclosed by Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, at a Microfinance Institutions meeting, held at the Ministry’s New Kingston offices on May 18. He noted that the legislation will assist in the registration and regulation of micro- credit lending companies that provide financing to the Micro, Small and Medium-sized Enterprise (MSME) sector. The Bill will allow the entities to be licensed, while also providing measures for...


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Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda (left), is greeted by Vice President, Marketing: Caribbean Central, Scotiabank, Yanique Forbes Patrick, on arrival at the Scotia Group Financial Centre in Kingston on May 11 to participate in the launch of the entity’s 2016 Vision Achiever Programme.

JIS PHOTO

ENTREPRENEURSHIP CURRICULUM TO BE BROADENED

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 13 May 2016    hbembridge   
As part of the efforts to foster greater innovation and participation from young Jamaicans, the Government is now seeking to widen the entrepreneurship curriculum in schools. Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, speaking at the launch of Scotiabank’s 2016 Vision Achiever Programme at the Scotia Group Financial Centre in Kingston, on May 11, said the curriculum is expected to be introduced in all primary, secondary and tertiary institutions. “It is critical that we sensitise young people to the need to study at an early stage about how to do business,”...


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Hon. Karl Samuda, Minister of Industry, Commerce, Agriculture & Fisheries addressing the opening ceremony of the 9th Annual JBDC Small Business Expo at the Jamaica Pegasus Hotel, New Kingston on May 12.

Government Committed to MSME Development

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 13 May 2016    hbembridge   
Several initiatives geared towards development of the Micro, Small, and Medium Enterprise (MSME) sector are being pursued across government during 2016/17. The disclosure was made by Minister of Industry, Investment and Commerce, Hon. Karl Samuda, while speaking at the opening ceremony of the Jamaica Business Development Corporation’s (JBDC) 9th Annual Small Business Expo on May 12 at the Pegasus Hotel, New Kingston. The initiatives include: 1. Capacity development workshops to transform MSMEs, where the capacity of some 120 MSMEs will be developed to design and execute business models. This...


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Rainforest Seafoods Tour: Minister of Industry, Commerce, Agriculture & Fisheries (MICAF), Hon. Karl Samuda (2nd from right), Hon. J. C. Hutchinson (3rd from right) Minister without Portfolio, MICAF, and Brian Jardim (right), chief executive officer of Rainforest Seafoods, discussing one the many products made by the company. The Ministers toured the state-of-the-art Slipe Road plant on Friday, May 6.

Government to Reduce Cess on Conch

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 10 May 2016    hbembridge   
The cess on local conch exports is to be reduced this year from US 75 cents per pound, to US 50 cents per pound. The announcement was made on Friday, May 6 by Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, following a tour of Rainforest Seafoods' 30,000 square foot, state-of-the-art processing plant, located at 67 Slipe Road, Kingston. The Minister said reduction of the cess is geared towards encouraging those who are interested in investing in the industry and “who are making the kinds of investment to take conch from the stage it is today to a more...


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Minister without Portfolio in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon J.C. Hutchinson (right), looks on as Portland farmer, Glenton Cole, points out the extent of damage to his farm following recent flood rains. The Minister was on a tour of severely affected farming communities in the parish on Tuesday (May 3)
(JIS PHOTO)

Flood-Affected Farmers to Get Assistance

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 05 May 2016    hbembridge   
Flood-Affected Farmers to Get Assistance As of the week beginning May 9th, the Government will roll out a programme of assistance for farmers whose crops were recently destroyed by floods, caused by heavy rains in Portland and St. Thomas. Minister without Portfolio in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. J.C. Hutchinson, who met with farmers in Portland following a tour of the worst affected areas of the parish on May 3rd said the programme, to be managed by the Rural Agricultural Development Authority (RADA), will include the provision of fertiliser, seeds,...


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Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda (centre), in discussion with Chairman of the Jamaica 4-H Clubs, Norman Grant (left), at the 4-H Clubs 2016 National Achievement Expo, held at the Denbigh Showground, in May Pen, Clarendon, on April 29. At right is Executive Director of the Jamaica 4-H Clubs, Dr. Ronald Blake. (JIS PHOTO)

Youth Urged To Seek Careers in Agriculture

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 05 May 2016    hbembridge   
Young Jamaicans are being encouraged to take up careers in agriculture and to assist in finding solutions to challenges in the sector. Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, delivering the keynote address at the Jamaica 4-H Clubs’ 2016 National Achievement Expo at the Denbigh Showground, May Pen, Clarendon, on April 29, said young people should “become problem solvers” and should also focus on areas such as the marketing of produce and agro-products, and go after the many opportunities in the industry. According to Minister Samuda, more and more young...


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Hon. Karl Samuda, Minister of Industry, Commerce, Agriculture & Fisheries with Senator the Hon. Paula Gopee-Scoon, Trinidad & Tobago's Minister of Trade and Industry. Minister Samuda had a bilateral meeting with his TrinidadianTrinidadian counterpart while in Georgetown, Guyana, attending the 42nd Regular Meeting of the Council for Trade and Economic Development (COTED) and the 61st Special COTED Meeting of Trade and Energy Ministers, 21st to 22nd April 2016.

Minister Samuda Calls for New Approach to T&T Oil Pricing and Subsidies

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 29 Apr 2016    hbembridge   
Minister of Industry, Commerce, Agriculture & Fisheries, Hon. Karl Samuda, has signalled Jamaica’s dissatisfaction with the current oil pricing systems being used by Trinidad & Tobago (T&T). The Minister did so while in Georgetown, Guyana attending the 42nd Regular Meeting of the Council for Trade and Economic Development (COTED) and the 61st Special COTED Meeting of Trade and Energy Ministers, 21st to 22nd April 2016. During the 42nd COTED meeting, Minister Samuda had a bilateral meeting with his Trinidadian counterpart, Senator the Honourable Paula Gopee-Scoon, and expressed...


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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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Telephone: (876) 968-7116 
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Email: information@miic.gov.jm

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