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The National Export-Import Bank of Jamaica (EXIM Bank) logo.

$100 Million in Loans Available for MSMEs Through EXIM Bank E-Commerce Funder

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 14 Oct 2022    user   
Micro, small and medium-sized enterprises (MSMEs) wishing to take their businesses online can now benefit from funding through the National Export-Import (EXIM) Bank of Jamaica’s ‘EXIM E-commerce Funder’. The $100-million loan fund, which is a partnership between the EXIM Bank and the Jamaica Manufacturers and Exporters Association (JMEA), was launched in September to help businesses improve their digital footprint in the e-commerce space. The EXIM E-commerce Funder is suited for businesses seeking to upgrade or develop digital platforms to aid in increasing sales and marketing by appealing...


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Cluster Director for Intelcia Jamaica, Mireille Debruycker, speaks at a JIS ‘Think Tank’, on Friday, September 23.

North African Company Joins Growing Global Digital Services Sector

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 14 Oct 2022    user   
Jamaica has added its first North African company to the growing Global Digital Services Sector, which currently has more than 70 firms. The island is also the first Caribbean country to be selected to carry out business processing, information technology (IT), innovative consulting, and multichannel CX operations for global outsourcing giant, Intelcia, located in Morocco. Intelcia is a North Africa-based company that has an international footprint spanning 17 countries, employing approximately 40,000 people globally of 30 nationalities and across 85 sites. The company currently provides...


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State Minister in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn.

Businesses Encouraged to Power Operations with Renewable Energy

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 11 Oct 2022    user   
Businesses are being encouraged to consider driving their operations utilising renewable energy. This urging comes from Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, who said “customers and big investors are switching allegiance to companies that pay greater attention to how their operations impact the natural environment”. He pointed out that as the global agriculture industry adopts more efficient and sustainable production techniques, “the Government of Jamaica signals its readiness to support models that are particularly responsive to...


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Minister of State in the Ministry of Industry, Investment and Commerce, Dr Norman Dunn.

Industry State Minister urges businesses to power operations with renewable energy

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 11 Oct 2022    user   
ST JAMES, Jamaica – Minister of State in the Ministry of Industry, Investment and Commerce, Dr Norman Dunn, is encouraging businesses to consider driving their operations utilising renewable energy. Dr Dunn, who was addressing the commissioning of a solar-powered plant at Austrojam Limited in Bluntas, St Elizabeth, on Saturday, said customers and big investors are switching allegiance to companies that pay greater attention to how their operations impact the natural environment. He pointed out that as the global agriculture industry adopts more efficient and sustainable production techniques...


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State Minister in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn.

Trade Board Continues to Promote JTIP

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 10 Oct 2022    user   
The Trade Board Limited (TBL) continues to promote the Jamaica Trade Information Portal (JTIP), which provides exporters and importers with data on the regulatory requirements to conduct trade transactions via the Internet. On Thursday, October 6, representatives from the TBL presented the information portal to the United States Diplomatic Corps. The presentation demonstrated the trade facilitation tools that are available to assist traders and persons within the Jamaican diaspora in conducting cross-border trade-related activities. Minister of State in the Ministry of Industry, Investment...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill.

Chartered Accountants Urged to Help Pitch SEZs

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 10 Oct 2022    user   
Members of the Institute of Chartered Accountants of Jamaica (ICAJ) are being urged to support the Government’s pitch about investment opportunities in the country, particularly the Special Economic Zone (SEZ). Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, made the call as he addressed a recent taxation webinar hosted by the ICAJ. He noted that the accounting professionals provide crucial data and information on which the business-investor community rely. “I am, therefore, calling on members of the ICAJ to become part of our loudest and most informed pitch to the...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill.

Chartered Accountants Urged to Help Pitch SEZs

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 10 Oct 2022    user   
Members of the Institute of Chartered Accountants of Jamaica (ICAJ) are being urged to support the Government’s pitch about investment opportunities in the country, particularly the Special Economic Zone (SEZ). Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, made the call as he addressed a recent taxation webinar hosted by the ICAJ. He noted that the accounting professionals provide crucial data and information on which the business-investor community rely. “I am, therefore, calling on members of the ICAJ to become part of our loudest and most informed pitch to the...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill.

Senator Hill Leads Business Mission to Guyana

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 10 Oct 2022    user   
Minister of Industry, Investment and Commerce (MIIC), Senator the Hon. Aubyn Hill, is leading a delegation of local public and private-sector interests on a business mission to Georgetown, Guyana. The mission, from October 2 to October 7, will include scheduled engagements with relevant government entities, senior government officials and business-to-business (B2B) meetings to explore opportunities with approximately 45 targeted potential business partners in Guyana. Details were shared during a briefing to inform local businesses of the opportunities in Guyana ahead of the visit. Jamaica and...


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Jamaica the most innovative Caribbean country — report

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 10 Oct 2022    user   
Jamaica, ranked at 76th on the Global Innovation Index (GII) 2022, was the most innovative country in the region, when compared to its Caribbean island neighbours Trinidad and Tobago and Dominican Republic. However, the country fell two places below its 2021 ranking of 74th. The Dominican Republic placed 90th, jumping from 93rd last year, and Trinidad and Tobago fell from 97th to 101st. According to the World Intellectual Property Organization, the GII 2022 tracks global innovation trends against the background of an ongoing pandemic, a slowing of productivity growth, and other evolving...


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Registering a company positions entrepreneurs to get loans and investor funding..

The benefits of company registration

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 10 Oct 2022    user   
Thinking that it would be a good thing to avoid taxes and other obligations, some Jamaicans run their businesses under the radar in the hope of more cash taken home at the end of the day. However, they are missing out on many opportunities, one of which is growth funding. Investors and bankers alike are much less likely to lend or invest for expansion to informal operations. By registering a company, entrepreneurs allow their businesses to become a legal entity which will attract funding and other forms of support. Officials at the Companies Office of Jamaica (COJ) told the Jamaica Observer...


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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