Government To Advance National Sourcing Policy
MIIC Author
The Government will be advancing the National Sourcing Policy to rebalance shortfalls in the impact of Foreign Direct Investment on economic growth in Jamaica.
Minister of Industry, Investment and Commerce, Hon. Audley Shaw, gave this update during his contribution to the 2021/22 Sectoral Debate at the Sitting of the House of Representatives on Tuesday (May 11).
“The National Sourcing Policy is intended to increase linkages between micro, small and medium-sized enterprises (MSMEs) and multinational corporations. I will be advancing this policy in Cabinet shortly,” Mr. Shaw said.
The MSMEs are particularly important to implementing linkages, as they contribute to various value chains, at different levels across multiple sectors.
This policy will facilitate a centralised thrust for development, deployment and sustainability.
Source: JIS
Recent News
See all news
Posted on 23/07/2025
IDB Official Affirms BIGEE’s Role in Driving MSME Growth Across Jamaica
Inter-American Development Bank (IDB) Chief of Operations for the Caribbean Region, Karisa Ribeiro, says the Boosting Innovation, Growth and Entrepreneurship Ecosystems (BIGEE) Programme remains instrumental in driving the expansion of several mic...
Posted on 22/07/2025
MSMEs A Key Growth Driver – Minister Hill
Industry, Investment and Commerce Minister, Hon. Aubyn Hill, has reiterated the Government’s commitment to the micro, small and medium-sized enterprise (MSME) sector as a key driver of long-term economic growth. “Our economic stability must be con...
Posted on 21/07/2025
CAC Hosts Upcycling Competition
The Consumer Affairs Commission (CAC) on Friday (July 18) held its inaugural Upcycling Competition awards ceremony at the Bureau of Standards Jamaica (BSJ) offices in Kingston. The initiative enabled participants to showcase their artistic skills ...
