Minister of Industry, Investment and Commerce, Hon. Audley Shaw, speaking during his contribution to the 2021/22 Sectoral Debate in the House of Representatives on May 11. Seated at left is Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn.
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
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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