The Ministry

Overview of the Ministry:
The Ministry of Industry, Investment & 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.

MANDATE 
The mandate of MIIC is:

• To DEVELOP policies, plans and programmes that contributes towards Gross Domestic Product (GDP), Growth and Job Creation.
• To PROMOTE investments that increase export and grow foreign exchange earnings.
• To REGULATE towards a modern and efficient business and trade economy with a framework of accountability and good governance.
• To FACILITATE Jamaican industries that drive productivity and job Creation.

Core Values 

• Accountability 
• Growth 
• Integrity
• Leadership 
• Efficiency

SUPPORTING GOJ MEDIUM-TERM STRATEGIC PRIORITY

• Inclusive Sustainable Economic Growth and Job Creation 

Vision Statement

By 2030, MIIC has achieved innovative, inclusive, sustainable, resilient and internationally competitive Jamaican Industries.

Mission Statement

To create an enabling environment which grows, sustains industries; promotes investment and trade; and ensures consumer protection while fostering gender equality and social inclusion in all our policies, programmes and projects.

Outcomes

• Achieve strenghtened MSME Sector by 2026.
• To strengthen the strategic policy and legislative framework to support and guide implementation of evidence based policies, strategic implementation and the delivery of services.
• To increase the contribution of new targeted industries to GDP by 0.2% by 2026.
• 10% increase in investment by 2026.
• 10% increase in export by 2026.
• At least 3% per annum growth in manufacturing output up 2026.
• By 2026, 20% of beneficiaries of MIIC's programmes from the productive sector are youth, women, micro enterprises and vulnerable groups..
• At least 90% per annum of the targets in the Ministry's policies, programmes and projects achieved, by 2026.
• Strengthen consumer empowerment and protection by 2026.