Minister of Industry, Investment and Commerce, Hon. Audley Shaw, made a presentation at the virtual Caribbean Council Investor Roundtable meeting hosted by the Caribbean Council in London under Chatham House Rules, on Thursday, October 28, 2021.
The Caribbean Council is a London-based membership organisation, which works with companies which are investing in, and doing business with, the Caribbean and Central America. Their members include some of the most significant investors in the Caribbean.
Minister Shaw's address focused on a range of investment which enable opportunities in Jamaica including its business- friendly environment, robust telecommunications and modern road and network infrastructure et al.
Minister of Finance and the Public Service, Hon. Nigel Clarke, among others, also gave remarks.
Minister of Industry, Investment and Commerce, the Honourable Audley Shaw, has detailed investment opportunities in Jamaica to the Caribbean Council, a London-based organization which supports trade, investment and development for a select group of major investors across the Caribbean and Latin America. The event was part of the organization’s meet the Minister Series of virtual events.
Addressing the virtual gathering of high level UK based business executives on Thursday, October 28, the Minister highlighted current and potential investment ventures in Agriculture, Logistics, Manufacturing, Renewable Energy, Global Digital Services and Tourism.
Minister Shaw also emphasized that the National Investment Policy (NIP) which Cabinet recently approved, will enhance the business environment and reinforce the government’s commitment to investors.
Some opportunities he outlined include Mango Agro Park, a Public Private Partnership (PPP) programme where investors can lease 50-acre plots to plant mangoes on land originally used for sugar cane farming, as well as an upcoming opportunity to invest in various forms of Renewable Energy, which will shortly be advertised through the Office of Utility Regulation.
He also shared that there are current opportunities Global Digital Services and Business Process Outsourcing such as nearshoring, shared services, legal process outsourcing, knowledge process outsourcing and software development.
The meeting was facilitated by the London office of JAMPRO, Jamaica’s investment arm.
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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Email: ps_office@miic.gov.jm