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Industry Minister Says Recent Mission to Business Hubs Was A Success


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July 2023
 

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (right), with Governor of the State of Maryland, Wes Moore, and Jamaica’s Ambassador to the United States, Audrey Marks, at Governor Moore’s office, in Annapolis, Maryland, recently.

Above Body

 05 Jul 2023    admin   

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, says a recent “mission” to several major business hubs in the United States (US) and Canada, exploring investment opportunities for the island, was largely successful.

The tour, which included stops in Toronto, New York and Washington DC, and dubbed ‘Export and Investment Business Mission’, was done in coordination with Jamaica Promotions Corporation (JAMPRO), the trade and investment agency of the Ministry, according to Mr. Hill.

The delegation, he said, also included leading public and private-sector stakeholders, Jamaica’s Ambassador to the United States, Audrey Marks, as well as top-level US Officials.

Represented also were members of the diaspora, including Professor Donald Harris, father of the current Vice President of the United States, Kamala Harris.

“A key highlight of our itinerary was to visit Goudas Food, a leading establishment headquartered in Ontario, Canada, and renowned for the distribution of quality products in North America, and where I met with two of the senior directors. This was a ministerial mission to explore export and investment opportunities between Canada and the United States, and everybody was excited at the prospects, ” Minister Hill told JIS News.

Mr. Hill said the mission also included a meeting with the Chief Executive Officer (CEO) of the Inter-American Development Bank (IDB) Invest, James P. Scriven, which he described “as very fruitful”.

Mr. Scriven is responsible for the private-sector institution of the IDB Group, with a portfolio of $13.1 billion in assets under management and 385 clients in 25 countries.

IDB Invest is a multilateral development bank that focuses on providing innovative financial solutions and advisory services for its clients, while achieving the United Nations Sustainable Development Goals in Latin America and the Caribbean.

The IDB has been a reliable partner of Jamaica for decades, which might have prompted its top Caribbean executive, Tariq Ali, to declare recently that the bank is “championing the growth of micro, small and medium-sized enterprises (MSMEs) to drive the sustained economic growth of Jamaica”.

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