Government of Jamaica

You are here

Global Competitiveness Team congratulates Jamaica on rapid improvement


Article Archives
Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
 
September 2014
 
  • Christmas in July!! Interested in supplying Jamaican made corporate gifts? Apply Now! To register, visit… https://t.co/RK3OgcQTFz Posted: 2 days 9 hours ago
  • Happy Teachers Day to all our teachers across Jamaica. We commend and thank you for all your hard work and sacrifi… https://t.co/1ir3az9QMS Posted: 2 days 14 hours ago
  • JIPO is currently leading a project, funded by IDB and CDB titled “Strengthening the IP Ecosystem to Increase Innov… https://t.co/GAzs3BN3iK Posted: 3 days 8 hours ago

Above Body

 30 Sep 2014    admin   

Head of the Global Competitiveness Team, Dr. Margareta Drzeniek Hanouz and Director of the Global Competitiveness and Benchmarking Network, Ms. Ciara Browne congratulated Minister Hylton on Jamaica’s move in this year’s Global performance Index during a meeting with the Global Competitiveness team in Geneva. 

“Jamaica has demonstrated considerable strength in certain key areas measured such as financial market development, protection for property rights and Information and Communications Technology” stated the team during a presentation to Minister Hylton. The congratulatory statement comes after Jamaica’s rapid improvement since 2011, moving from 107 to 86 on the 2014 Global Competitiveness Report.

Minister Hylton was briefed by the Competiveness team on its methodology and key detailed findings in the assessment of Jamaica’s competitiveness standing and shared its perspectives on global competitiveness trends. They also shared information on certain areas in which Jamaica would need to make significant efforts in order to continue to improve its competitive position.

Minister Hylton in explaining the rapid increase of Jamaica on the Global Competitiveness Index stated “competing in the global economy demands that Jamaica’s domestic business environment be significantly improved to operate at global standards, which is essential to our growth agenda” The Minister further linked this to the Global Logistics Hub Initiative and the impact it will have on the Jamaica’s economy, “the initiative encompasses the wider elements supporting our business reform agenda, the quality standards infrastructure, as well as policies aimed at unlocking the growth potential of the Micro, Small and Medium-sized Enterprises (MSME) sector”, he added.

The Minister also drew attention to the work of the National Competitiveness Council which the WEF team commended as a positive intervention of both government and private sector. The team assured the Minister of the Forum’s readiness to deepen its engagement with Jamaica in terms of its competitiveness agenda and broader business strengthening endeavours. 

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.

Twitter

  • Christmas in July!! Interested in supplying Jamaican made corporate gifts? Apply Now! To register, visit… https://t.co/RK3OgcQTFz Posted: 2 days 9 hours ago
  • Happy Teachers Day to all our teachers across Jamaica. We commend and thank you for all your hard work and sacrifi… https://t.co/1ir3az9QMS Posted: 2 days 14 hours ago
  • JIPO is currently leading a project, funded by IDB and CDB titled “Strengthening the IP Ecosystem to Increase Innov… https://t.co/GAzs3BN3iK Posted: 3 days 8 hours ago

MIIC Social

MIIC Facebook   MIIC Twitter   MIIC YouTube

4 St. Lucia Avenue, Kingston 5, Jamaica
Telephone: (876) 968-7116 
Fax: (876) 960-7422 
Email: ps_office@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 Agriculture and Fisheries - https://www.moa.gov.jm