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Prime Minister Andrew Holness (centre) and Senator Aubyn Hill, minister of industry, investment and commerce, share in a conversation with Caribbean Flavours and Fragrances General Manager Janice Lee on the opening day of Expo Jamaica 2023 on Thursday, April 28, 2023.

'This a true partnership' JMEA welcomes Gov't sponsorship of Expo Jamaica 2023

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 02 May 2023    user   
PRESIDENT of the Jamaica Manufacturers and Exporters Association (JMEA), John Mahfood and Aswad Morgan, chairman of the organising committee of Expo Jamaica 2023, on Thursday evening both welcomed the Government of Jamaica's (GOJ)sponsorship of the "largest trading show in the English-speaking Caribbean" through the Ministry of Industry, Investment and Commerce (MIIC). Expo Jamaica, which will close today, was officially declared open last Thursday, April 27, by Prime Minister Andrew Holness — who was the keynote speaker — at the National Indoor Sports Centre. The venue has been used, along...


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Prime Minister Andrew Holness marks the opening of Expo Jamaica 2023 with a ribbon cutting, joined by (from left) Jamaica Manufacturers and Exporters Association (JMEA) director Kathryn Silvera; Minister of Industry, Investment and Commerce Senator Aubyn Hill; Minister of Transport and Mining Audley Shaw; JMEA President John Mahfood; and chairman of the organising committee of Expo Jamaica 2023 Aswad Morgan. (Photo: Llewelyn Wynter)

Jamaica must export a lot more

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 02 May 2023    user   
In the 61 years between 1960 and 2021 Jamaica produced a positive trade balance in only one of those years. That was a very long time ago in 1966. Over that 61-year period, our trade balance has become progressively worse, and it is a serious and depressing drag-weight on Jamaica's economic growth performance. Since 1966 the trade balance has grown wider and wider. Today there is literally a chasm between the vast amount of goods and services we import annually, compared to the relatively measly amount that we export. I was prompted to ask my research team to provide these trade balance...


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Jampro offices located along Trafalgar Rd in Kingston. (Photo: Garfield Robinson)

Jampro packages opportunities to woo investors

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 29 Apr 2023    user   
hrough a number of pre-packaged investment opportunities, chief State marketing company Jamaica Promotions Corporation (Jampro) is looking to lure new investors as it pushes to maximise growth for the country. According to Gabriel Heron, vice-president for marketing and opportunity packaging at the promotions agency, the refocused objective of pre-packaging key opportunities as "off-the-shelf structured investments" aims to capture the interest of potential buyers and investors locally and overseas. "What we have done is to go through a range of investment opportunities and package them in...


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Registrar of Companies and Acting Chief Executive Officer (CEO) at the Companies Office of Jamaica (COJ), Shellie Leon, speaks at a JIS Think Tank, on Tuesday, April 25.

Companies Act Amended to Strengthen Anti-Money Laundering Efforts

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 29 Apr 2023    user   
To strengthen Jamaica’s anti-money laundering and counter financing of terrorism efforts, the Government has approved several changes to the Companies Act. The amendments, which were approved on March 31, 2023, have been made based on recommendations from the Financial Action Task Force (FATF), in relation to ‘Beneficial Ownership’ information. This follows the first amendment that was made to this Section of the Act in 2017 to include the requirement for beneficial ownership (BO) information from companies limited by shares. Addressing a Jamaica Information Service (JIS) Think Tank on...


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BPOs sayonly efficient employees will work from home

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 29 Apr 2023    user   
WESTERN BUREAU: Stakeholders in the business process outsourcing (BPO) sector are now seeking to identify employees, who require limited supervision, to be a part of the work-from-home regime for companies operating in the special economic zones (SEZs). The arrangement will officially start on January 1, 2024. “Not everyone can work without supervision; there are some who constantly have to be told what to do. Those who are efficient and continue to meet their targets are the ones that we are allowing to work off-site,” a BPO operator, who requested anonymity, told The Gleane r. “We will only...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (second right), in conversation with President of the Jamaica Manufacturers and Exporters Association, John Mahfood, while on a factory tour of the company at White Marl, St. Catherine, on April 26. Also on the tour (from left) are Vice President for Sales in the Caribbean at Sherwin-Williams, Dustin Ewald and District Manager at the company, Kenneth Richardson.

Industry Minister Commends Sherwin-Williams

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 28 Apr 2023    user   
The paint manufacturing company Sherwin-Williams is being hailed for its entrepreneurial and community outreach values by Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill. Minister Hill, who was speaking at the company’s unveiling of its 50th Anniversary Logo, and factory tour in White Marl, St. Catherine on April 26, said people stay at Sherwin-Williams because “they can achieve”. He noted that the company having over 300 employees is a “big thing” and lauded them for moving away from being a distribution entity in the 1970s to becoming a major manufacturing...


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Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, addressing Wednesday’s (April 26) Intellectual Property (IP) Power Brunch at the AC Hotel by Marriott Kingston.

JIPO Undertaking Activities to Facilitate the Use and Protection of Intellectual Property

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 28 Apr 2023    user   
The Jamaica Intellectual Property Office (JIPO) will be undertaking several activities during fiscal year 2023/24 to facilitate the use and protection of intellectual property locally. The initiatives include launching a technology innovation support centre as well as a women’s innovation network. This was disclosed by Minister of State in the Ministry of Industry, Investment and Commerce, under which JIPO falls, Dr. the Hon. Norman Dunn, during Wednesday’s (April 26) Intellectual Property (IP) Power Brunch at the AC Hotel by Marriott Kingston. The brunch formed part of activities to...


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Prime Minister the Most Hon. Andrew Holness (second left) and Minister of Industry, Investment, and Commerce, Senator the Hon. Aubyn Hill (left), listen as Communication and Social Impact Coordinator, Carib Cement Company Limited, Chad Bryan (right), explains the dynamic uses of the company’s products while visiting their display booth during the opening ceremony for Expo Jamaica 2023 on Thursday (April 27), at the National Indoor Sports Centre in Kingston. Also listening is Quality, Quarry and Environment Manager, Carib Cement, Kelly Cadavid (second right).

Gov’t to Establish Export Academy

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 28 Apr 2023    user   
The Ministry of Industry, Investment and Commerce, through the Trade Board Limited, will be establishing an export academy. This facility, work on which is expected to commence in July, is designed to provide free, online information and training for businesses, to boost their confidence to seek out export opportunities. Prime Minister, the Most Hon. Andrew Holness, made the announcement while delivering the keynote address during the opening ceremony for Expo Jamaica 2023 at the National Indoor Sports Centre in Kingston, on Thursday (April 27). Meanwhile, Mr. Holness said the Trade Board is...


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Signing the project document are Dr Crispim Moreira, (left) council representative, Food and Agriculture Organization of the United Nations (FAO) and Dr Velton Gooden, (right) executive director, Bureau of Standards Jamaica while looking standing from left are Julia Bonner Douett, Focal Point, chairman of the Project Management Committee, Wilfred Baghaloo, chairman of BSJ Standards and Senator, Aubyn Hill Minister of Industry, Investment and Commerce at the launch of the Hot Pepper Value Chain Project at the Bureau of Standards Jamaica, Multipurpose Building 6 Winchester Road, Kingston on Wednesday, April 19.

FAO set to fire up hot pepper market

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 28 Apr 2023    user   
The Government of Jamaica has partnered with the Food and Agriculture Organization (FAO) of the United Nations to boost the island’s international competitiveness in the hot pepper industry. The project, titled, ‘Improving Phytosanitary, Food Safety and Market Access Opportunities along the Hot Pepper Value Chain in Jamaica’, which got under way last year is being implemented through the Standard and Trade Facility of the World Trade Organization. It aims to provide support to improve the institutional capacity for farmers to produce high-quality peppers on a consistent basis, while improving...


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Businesses Being Encouraged to Implement Apprenticeship Programmes for Unattached Youth

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 28 Apr 2023    user   
The Minister of Industry, Investment and Commerce, Senator Aubyn Hill, is encouraging businesses to implement apprenticeship programmes for unattached youth. His call follows the Government’s desire to address labour shortages across several sectors. Senator Hill says his Ministry supports middle managers and management, but notes that businesses must train and up-skill their people more. He was addressing stakeholders at the 13th staging of the Make Your Mark two-day conference, at The Jamaica Pegasus Hotel in Kingston on Wednesday. Senator Hill informed that the Ministry is working with the...


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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

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Fridays 8:30 a.m. - 4:00 p.m.

 

The Ministry of Industry, Investment and Commerce - https://www.miic.gov.jm