Investment Promotion

One main function of the Ministry is to promote inward investment into Jamaica. The main agency with responsibility for attracting investment to and within the country is Jamaica Trade and Invest (JTI), formerly known as JAMPRO.

Jamaica Promotions Corporation (JAMPRO) is a statutory body governed by the JAMPRO Act of 1990. The organization has since been refocused under the Public Sector Modernization Programme (PSMP). To support this revised mandate, the JTI has also been operationally restructured into two primary Divisions: 

• Investment Promotions: responsible for the systematic attraction, landing and support of foreign direct and local investments to Jamaica; and
• Trade and Business Development: focused on the development and capacity-building of local businesses to compete at global standards both in the foreign and domestic markets, including development of the ‘absorptive capacity’ of the economy for foreign and local direct investments and export promotions.