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Industry, Investment, and Commerce Minister, Senator the Hon. Aubyn Hill (second left) listens to a comment from Group Export Manager, Wisynco Group Limited, Stephen Dawkins (second right), during the ‘Step Up Export with Trade Agreements’ seminar held on Tuesday (May 16) at the University of the West Indies (UWI) Regional Headquarters in Kingston. Others sharing in the conversation (from left) are Trade Administrator/Chief Executive Officer, The Trade Board Limited, Dr. Hugh Blake; Chair, Trade Facilitation Board Sub-Committee of the Trade Board Limited, Daenia Ashpole and Minister of State in the Ministry, Hon. Norman Dunn.

Exporters Urged to Make Use of Preferential Trade Agreements

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 18 May 2023    admin   
Local businesses are being encouraged to utilise the various trade agreements that are available under preferential terms to boost earnings and increase exports for the country. Industry, Investment, and Commerce Minister, Senator the Hon. Aubyn Hill, in making the call, said that these agreements give local producers a competitive advantage in accessing regional and international markets. “What I am encouraging you to do is make sure you understand… study these many trade agreements to grow our exports exponentially, increase employment and make Jamaica a wealthy country,” he said. Senator...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (centre), is greeted by President of Jamaica Promotions Corporation (JAMPRO), Shullette Cox, ahead of the launch of the ‘Jamaica Business Gateway’ virtual platform held at the AC Hotel by Marriott in Kingston on Wednesday, May 17. At left is Director General of the Planning Institute of Jamaica, Dr. Wayne Henry.

JAMPRO Launches Online Portal for Companies to Do Business with Government

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 18 May 2023    admin   
Jamaica Promotions Corporation (JAMPRO) has launched a new online portal to provide companies with the information and resources needed to interact and do business with government. The ‘Jamaica Business Gateway’ platform will enable members of the public and private sector to easily access the essential services related to government processes required for business development. Speaking at the launch, held at the AC Hotel by Marriott in Kingston on May 17, President of JAMPRO, Shullette Cox, described the Gateway as one giant step closer to making digitised government services a reality. “...


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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second right), is in the process of cutting the ribbon to mark the official launch of BlueStart Capital Jamaica Limited, trading as Courts Ready Cash, at 79-81A Slipe Road in Kingston on May 4. Others sharing in the occasion (from left) are General Manager, Bluestart Capital, Atasha Bernard and Chairman, Edwin Vaquerano; Opposition Spokesperson on Finance, Julian Robinson and Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn. Bluestart Capital is a member of the Unicomer Group.

13 Microcredit Institutions Licensed

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 08 May 2023    admin   
Thirteen microcredit institutions that provide financing to individuals and micro, small and medium-size enterprises (MSMEs) have been licensed since the implementation of the Microcredit Act, 2021. “We have over 100 microcredit institutions that have applied to be licensed, and that’s a process that will take some time,” said Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke. He was speaking at the media launch of BlueStart Capital (Jamaica) Limited trading as Courts Ready Cash at 79-81A Slipe Road in Kingston on May 4. BlueStart Capital, a member of the Unicomer Group,...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill.

Senate Approves Bill to Validate Activities of Consumer Protection Tribunal

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 08 May 2023    admin   
The Consumer Protection (Validation and Indemnity of Tribunal) Act, 2023, which seeks to validate and confirm the activities of the Consumer Protection Tribunal for a period of one year, was passed in the Senate on Friday (May 5). It also validates and confirms the continuation of the Tribunal and the official acts of the members of the Tribunal during the period May 28, 2021 to May 8, 2022. The Bill was passed without amendments. The legislation seeks to validate and confirm as lawful the purported continuation in office of the members of the Consumer Protection Tribunal, and all official...


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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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Telephone: (876) 968-7116 
Fax: (876) 960-7422 
Email: information@miic.gov.jm

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