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INVEST JAMAICA 2022 BUSINESS CONFERENCE

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 31 Oct 2022    admin   
Invest Jamaica is a high-level investment conference, to be held over two days, will focus on delivering impactful face to face engagements between 400 specially invited investors and senior business executives from across the globe. This forum will showcase Jamaica’s investment potential, highlight various sector-based opportunities to the global business market and present the Invest Jamaica competitive advantage through panel discussions, sector presentations, networking opportunities and site visits.    Join us for Invest Jamaica 2022 November 29 – 30, at the Montego Bay Convention Centre...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, makes his contribution to the State of the Nation Debate in the Senate, recently.

Industry Minister Says Country Must Increase Exports

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 27 Oct 2022    admin   
More focus must be placed on exports to improve the country’s trade gap, says Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill. Citing 2021 data, the Minister said Jamaica imported products and services valued at US$5.975 billion, as against exports valued at US$1.441 billion. The Minister was making his contribution to the State of the Nation Debate in the Senate, recently. “The gap is US$4.5 billion. One import item, fossil fuel, cost us (approximately) US$2 billion in 2021. That dwarfs the mere US$1.441 billion that we export, so you can see we are in trouble,” he...


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Director, Standards Division, Bureau of Standards Jamaica, Julia Bonner Douett, addresses attendees at the National Quality Awards (NQA) Banquet, held at The Jamaica Pegasus hotel on October 13.

MSMEs Get Support Through NQA Mentorship Programme

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 27 Oct 2022    admin   
The Bureau of Standards Jamaica (BSJ) continues to support micro, small and medium-sized enterprises (MSMEs) in achieving business success, through the National Quality Awards (NQA) mentorship programme. The mentorship programme, initiated by the BSJ, was created under the NQA programme and aims to support MSMEs that participated in the NQA programme to standardise their operations. Speaking at the NQA Banquet, held at The Jamaica Pegasus hotel on October 13, Director, Standards Division, BSJ, Julia Bonner Douett, underscored that “the NQA is a very important programme in the strategy for...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, delivering the keynote address during the 13th Bureau of Standards Jamaica National Quality Awards Ceremony and Banquet, held recently at The Jamaica Pegasus hotel in New Kingston.

Gov’t Initiatives Ongoing to Facilitate Ease of Doing Business

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 27 Oct 2022    admin   
The Government continues to implement key initiatives aimed at increasing the ease of doing business in Jamaica. Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, notes that “we have been digitalising our services with initiatives such as the national business portal, which (Jamaica Promotions Corporation) JAMPRO manages”. “This Ministry is also targeting several key pieces of legislation that govern manufacturing and export to effect changes, where needed, to spur increased economic activity, employment and growth,” Senator Hill said. He was delivering the keynote...


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BELL...we have created a very active product development committee and that was because we recognised that the environment was changing and that we needed to respond to the needs of the market

EXIM heats up solar loan product

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 27 Oct 2022    admin   
Seeking to double down on the growth and promotion of environmentally friendly solutions, the National Export-Import Bank of Jamaica (EXIM Bank) said it is now working to revamp and bring to market a new solar loan product. EXIM's Managing Director Lisa Bell, speaking a recent Jamaica Observer Business Forum, said the new product will add to its 16 other funding solutions to mainly small and medium-sized enterprises (SMEs). "We're now looking to bring the solar product which seeks to offer solar financing [especially] since the removal of the cess on [lithium-ion] batteries and the fact that...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (second right), conversing with High Commissioner of Canada to Jamaica, Her Excellency, Emina Tudakovic (second left), during the CanCarib Climate Smart Opportunities at the Terra Nova All-Suite Hotel in St. Andrew on October 20. Listening (from left) are Canadian Senior Trade Commissioner to Jamaica, Sophie Goulet and President of the Jamaica Manufacturers and Exporters Association, John Mahfood.

Jamaicans Urged to Get Climate Smart

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 21 Oct 2022    admin   
Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, is encouraging Jamaican businesses and households to invest in green technologies. He said that the Ministry stands ready to provide the relevant information and guidance to help companies and individuals become climate smart. “We are prepared to offer support, working through our partners, stakeholders and agencies to encourage initiatives that will create the most lasting results, as Jamaica continues to strengthen its position as a green inclusive and sustainable economy,” he said. “The quality of investments that...


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BSJ presents National Quality Awards

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 21 Oct 2022    admin   
Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (right) presents General Manager, Dairy Industries Jamaica Limited, Radcliffe Walker with the National Quality Award during the Bureau of Standards Jamaica’s (BSJ) National Quality Awards Ceremony and Banquet on October 13 at the Jamaica Pegasus Hotel, Kingston. Source: JIS


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Chief Executive Officer, Jamaica National Agency for Accreditation (JANAAC), Sharonmae Shirley.

Food Certification Bodies Encouraged to Get Accredited Under New Scheme

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 21 Oct 2022    admin   
The Jamaica National Agency for Accreditation ( JANAAC ) is encouraging food certification bodies to get accredited under its new accreditation scheme – the United States Food and Drug Administration Accredited Third-Party Certification Programme (FDA TPP). This will facilitate market access for regional manufacturers, especially small and medium-sized entities producing food for export to the United States (US). The new scheme follows JANAAC being recognised as an accreditation body by the US FDA under the Accredited Third-Party Certification Programme, which enables the Agency to accredit...


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The National Export-Import Bank of Jamaica (EXIM Bank) logo.

$100 Million in Loans Available for MSMEs Through EXIM Bank E-Commerce Funder

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 14 Oct 2022    admin   
Micro, small and medium-sized enterprises (MSMEs) wishing to take their businesses online can now benefit from funding through the National Export-Import (EXIM) Bank of Jamaica’s ‘EXIM E-commerce Funder’. The $100-million loan fund, which is a partnership between the EXIM Bank and the Jamaica Manufacturers and Exporters Association (JMEA), was launched in September to help businesses improve their digital footprint in the e-commerce space. The EXIM E-commerce Funder is suited for businesses seeking to upgrade or develop digital platforms to aid in increasing sales and marketing by appealing...


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Cluster Director for Intelcia Jamaica, Mireille Debruycker, speaks at a JIS ‘Think Tank’, on Friday, September 23.

North African Company Joins Growing Global Digital Services Sector

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 14 Oct 2022    admin   
Jamaica has added its first North African company to the growing Global Digital Services Sector, which currently has more than 70 firms. The island is also the first Caribbean country to be selected to carry out business processing, information technology (IT), innovative consulting, and multichannel CX operations for global outsourcing giant, Intelcia, located in Morocco. Intelcia is a North Africa-based company that has an international footprint spanning 17 countries, employing approximately 40,000 people globally of 30 nationalities and across 85 sites. The company currently provides...


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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