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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, addresses the Standing Finance Committee in the House of Representatives on March 6.

$88 Billion in PIR for Manufacturing in 2023

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 21 Mar 2024    user   
The Ministry of Industry, Investment and Commerce is reporting that in excess of $88 billion in Productive Input Relief (PIR) was approved last year to assist businesses. Portfolio Minister, Senator the Hon. Aubyn Hill, made the disclosure while addressing the Standing Finance Committee in the House of Representatives on March 6. “We approved PIR, which is Productive Input Relief, for the value of machinery and raw material used in manufacturing in excess of $88 billion last year… the year before that it was over $100 billion in value,” he noted. The PIR scheme facilitates duty-free...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (right), exchanges greetings with Head of Cooperation,  European Union (EU) Delegation to Jamaica, Aniceto Ruiz (left), while Judge of the Caribbean Court of Justice (CCJ), Hon. Justice Anderson, shares in the moment. Occasion was the CARIFORUM Intellectual Property Rights and Innovation Case law Conference for the CARIFORUM Region, Mercosur and Chile, held recently at the Spanish Court Hotel in Kingston.

Brand Jamaica Must Be Protected – Senator Hill

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 21 Mar 2024    user   
The Government continues to enhance the development and protection of the intellectual property (IP) rights of Jamaicans as a key contributor to national development, says Industry, Investment and Commerce Minister, Senator the Hon. Aubyn Hill. “Brand Jamaica and the excellence of our products and services must be protected and not infringed if they are to contribute meaningfully to Jamaica’s growth and development,” he noted. The Minister, who was addressing the recent CARIFORUM Intellectual Property Rights and Innovation Case law Conference at the Spanish Court Hotel in Kingston, said that...


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Adjustment to Exemptions Provided under Productive Input Relief (PIR) Regime

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 21 Mar 2024    user   
Kingston, Jamaica, March 20, 2024 - Effective March 14, 2024, the Government of Jamaica (GOJ) has advised that items covered by Schedule III of the Revised Treaty of Chaguaramas (RTC) - which specifically relates to a special regime for oils and fats - will no longer be accorded duty exemption benefits on inputs or raw material under the Productive Input Relief (PIR) Regime. The discontinuation of the granting of exemption benefits for the items on Schedule III follows from a ruling by the Caribbean Court of Justice (CCJ) to apply the established rate of duty set by the Council for Trade and...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, addresses Thursday’s (February 29) Women Entrepreneurship Support (WES) Project public forum at the University of the West Indies (UWI) Regional Headquarters in St. Andrew.

 

 

61 Business Owners Participate in Women Entrepreneurship Support Project Workshop

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 01 Mar 2024    user   
Some 61 female business owners participated in a workshop staged on Thursday (February 29) under the Women Entrepreneurship Support (WES) Project. The project, spearheaded by the Ministry of Industry, Investment and Commerce in partnership with the Bureau of Gender Affairs (BGA), was initiated to address the obstacles encountered by female-owned Micro, Small and Medium Enterprises (MSMEs). It aims to provide capacity building, technical assistance and financial support to MSMEs owned by women by boosting their ability to scale their operations, formalising their engagements and increasing...


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In this 2018 photo, Samantha Forrester is seen at a display with local agro-processed products in St James.

Agro Processors, Food Manufacturers Urged To Tap Into Export Market

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 27 Feb 2024    user   
In this 2018 photo, Samantha Forrester is seen at a display with local agro-processed products in St James. Local agro processors and food and beverage manufacturers are being encouraged to explore the many prospects for exporting Jamaican food products. “We continue to see demand for ready-to-eat products, not just from our diaspora members, but also from mainstream consumers,” said Agri-Business Exports Acting Manager at Jamaica Promotions Corporation (JAMPRO), Shanique Edwards. “Export offers significant opportunities for local companies in agro-processing, and we can see how crucial it is...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, delivers remarks during Thursday’s (February 15) ELEVATE Procurement Conference media launch, held at the AC Hotel by Marriott in New Kingston. (Photo: JIS) 

Senator Aubyn Hill | Getting Behind MSMEs & Entrepreneurship

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 23 Feb 2024    user   
Minister of Industry, Investment & Commerce, Senator Aubyn Hill spoke fulsomely on the importance of MSMEs to the Jamaican economy at the launch of the National MSME & Entrepreneurship Policy Consultation and Micro Business Pitch Competition held at the AC Marriott Hotel in Kingston on Tuesday (February 20). Jamaica has achieved remarkable change economic growth in the last seven years. In October 2023, the unemployment rate stood at a historically low 4.2 per cent, representing a decrease from the 4.5 per cent recorded in April and July 2023. From January 2023 to August 2023, Jamaica...


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Senator Aubyn Hill, Minister of Industry, Investment and Commerce

Aubyn Hill commits to fixing issues impacting growth of MSMEs

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 23 Feb 2024    user   
In furthering its support for the development of a flourishing micro, small and medium-size enterprise (MSME) sector, the Ministry of Industry, Investment and Commerce (MIIC) staged both the consultations for the new National MSME Entrepreneurship Policy and Micro Business Pitch Competition on February 20. Senator Aubyn Hill, minister of industry, investment and commerce, in delivering the keynote address, highlighted the improvements to the economy and business sectors under the Andrew Holness administration. Specifically, he pointed out that in October 2023, Jamaica recorded the lowest ever...


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Director General, Hazardous Substances Regulatory Authority (HSRA), Dr. Cliff Riley, displays a copy of the certification of authorisation provided to facilities that use ionising radiation sources in their operations, while speaking during a recent Jamaica Information Service (JIS) ‘Think Tank’ at the Agency’s head office in Kingston.  

HSRA Urges Regulatory Compliance by Facilities Utilising Ionising Radiation Resources

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 23 Feb 2024    user   
The Hazardous Substances Regulatory Authority (HSRA) is urging facilities utilising equipment and material that emit ionising radiation to obtain the requisite authorisation. This call comes from Director General, Dr. Cliff Riley, who discloses that of the total number of Jamaican entities that are engaged in activities involving the use of inputs emitting radiation, “just about 39 per cent are licensed to be in possession and use of those resources”. Dr. Riley, who spoke during a recent Jamaica Information Service (JIS) ‘Think Tank’ at the Agency’s head office in Kingston, explained that “...


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Governor-General, His Excellency the Most Hon. Sir Patrick Allen.

Expansion of Jamaica Business Gateway Continues

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 22 Feb 2024    user   
Further expansion of the Jamaica Business Gateway continues with the addition of 29 processes targeted for the end of June 2024. The disclosure was made by Governor-General, His Excellency the Most Hon. Sir Patrick Allen, while delivering the Throne Speech during the 2024/25 Ceremonial Opening of Parliament at Gordon House, on Thursday (February 15). The Jamaica Business Gateway, the premier Business-to-Government (B2G) transaction platform, was launched in May 2023 with 14 government processes, thereby increasing the ease of doing business and productivity. Turning to the subject of...


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Develop research-driven products for max profits – JBDC

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 22 Feb 2024    user   
WITH EASE of access to information on potential markets and industries brought about by rapid development in technology, the Jamaica Business Development Corporation (JBDC) is urging micro, small and medium-sized enterprises (MSMEs) to develop well-researched products for maximum profits. Underscoring the importance of research in product development, Keera Walters, assistant manager of the Business Advisory Services Unit at the JBDC, said, “Knowing exactly what the market lacks and what your customer needs are key to ensuring the type of product you develop. Product development shouldn’t be...


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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.

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4 St. Lucia Avenue, Kingston 5, Jamaica
Telephone: (876) 968-7116 
Fax: (876) 960-7422 
Email: information@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 Industry, Investment and Commerce - https://www.miic.gov.jm