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JANAAC CEO Elected New IAAC Vice-Chair

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 05 Sep 2022    user   
Chief Executive Officer (CEO) of the Jamaica National Agency for Accreditation ( JANAAC ), Sharonmae Shirley, has been appointed Vice-Chair of the Inter-American Accreditation Cooperation (IAAC). Ms. Shirley, who has been a member of the IAAC since 2010, was appointed the role of Vice-Chair on August 19, following a unanimous vote during elections held at the IAAC’s 30th General Assembly meeting in the city of Antigua, Guatemala from, August 12-19, 2022. While she has been elected to serve a two-year term as Vice-Chair, she will continue her duties as a member of the International Laboratory...


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Aubyn Hill Says KFC Price Reduction a Welcome Move for Consumers

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 03 Sep 2022    user   
Kingston, Jamaica – Senator the Honourable Aubyn Hill, Minister of Industry, Investment and Commerce has welcomed the reduction in price announced by Restaurants of Jamaica, operators of KFC for some of its products. The Minister said the reduction is appropriate given a similar announcement issued last month by the Jamaica Broilers Group. “I have no doubt that many Jamaicans will welcome this response by KFC which is how reasonable business operators function in a free market economy. Where there is a reduction in the cost of items anywhere in the value chain, consumers should feel the...


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Senator Aubyn Hill | Jamaican Businesses Must Focus on Exporting Goods

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 01 Sep 2022    user   
Speaking today at the listing of One on One Educational Services Limited on the Jamaica Stock Exchange, Senator Aubyn Hill, minister of industry, investment and commerce, stressed the importance of Jamaican companies possessing the ability to export to markets outside Jamaica, particularly territories that have high performing economies with big populations. He also congratulated the managing director of the Jamaica Stock Exchange, Dr Marlene Street-Forrest, for the 100th listing and for being able to encourage companies to access capital via this route. Below is Hill’s speech: For a very...


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MIIC on Path to Become First Ministry Attaining ISO 9001:2015 Certification

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 29 Aug 2022    user   
The Ministry of Industry, Investment and Commerce (MIIC) is on a path to become the first Government Ministry to attain ISO 9001:2015 certification, says State Minister, Dr. the Hon Norman Dunn. “At the end of July this year, we participated in stage two of the certification audit, and we have been recommended for certification. So, we look forward to receiving our final results shortly,” he said. Dr. Dunn provided details during a recent ceremony in Kingston to celebrate the Public Procurement Commission’s (PPC) achievement of becoming the 24th public entity to earn the Quality Standard. He...


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Industry Ministry Welcomes Chicken Meat Price Cut

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 19 Aug 2022    user   
Kingston, Jamaica: Senator the Honourable Aubyn Hill, Minister of Industry, Investment and Commerce has welcomed the reduction in the price of Best Dressed Chicken products announced last Wednesday by the Jamaica Broilers Group. The price reduction of $12.50 per kilo off the list price of Grade-A whole bird and mixed parts chicken became effective on Thursday, August 18, 2022. “This is great news at this time for Jamaican consumers, who have been grappling with increased prices for food and consumables for all the months of this year,” the Minister said. The sector has been plagued by the...


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Paul Chin (left), manager of investor relationship at the Development Bank of Jamaica (DBJ), and DBJ Managing Director Anthony Shaw in discussion at the launch of the DBJ’s loans for the entertainment and transport sectors at the AC Marriott in Kingston on Thursday.

DBJ Revs up COVID Recovery Loans for Transport, Entertainment Sectors

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 12 Aug 2022    user   
The Development Bank of Jamaica (DBJ) is making loans available to micro, small, and medium enterprises in the transport and entertainment sectors as they seek to rebound from the COVID-19 hit. The DBJ will make $500 million available for those in the entertainment sector through a network of financial and microfinance institutions. The businesses will be able to access up to $10 million with up to five years to repay.


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Dr. the Honourable Norman Dunn (right foreground) presents an award to Basel McFarlane (foreground left) for being a longstanding member of Gateway Co-operative Credit Union. Looking on are other senior officials of the Gateway Co-operative Credit Union and the Credit Union League. 

Credit Union League Encouraged to Maintain Access for Ordinary Jamaicans

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 12 Aug 2022    user   
Dr. the Honourable Norman Dunn, Minister of State in the Ministry of Industry, Investment and Commerce is encouraging the Credit Union movement in Jamaica to remain in touch with the unique needs of members, even as it endeavours to expand the use of technology. Speaking at the 5th Annual General Meeting of Gateway Co-operative Credit Union yesterday, he said that the Credit Union movement was established in response to challenges faced by the least privileged in society and that its members include many elderly Jamaicans who are still becoming familiar with new and emerging technology. "As...


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COJ Closure Amnesty Extended

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 03 Aug 2022    user   
The Companies Office of Jamaica (COJ) has relaunched its COVID-19 Compliance Relief Initiative in an effort to further assist businesses and companies hit hard by the pandemic to formally close without paying the full fees associated with filing closure notices. The initiative, which previously ran for more than a year, will run for another six months from August 1, 2022 to January 31, 2023 and will facilitate entities wishing to close operations. Local and overseas companies desiring removal from the register will be required to submit a letter requesting removal along with a statutory...


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JBDC Helping MSMEs to Access Finance

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 03 Aug 2022    user   
As part of its thrust to create an enabling environment for Jamaican micro, small and medium-sized enterprises (MSMEs), the Jamaica Business Development Corporation (JBDC) has as one of its strategic goals "providing access to adequate and appropriate financing" for the businesses in that sector. The JBDC is Jamaica's premier business support organisation that helps local MSMEs through technical services, business advisory services, marketing, and research and project management. CEO of JBDC Valerie Veira told reporters at the Jamaica Observer Business Forum last week that the organisation "...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (right), and Red Stripe’s Managing Director, Luis Prata, view one of several production lines, during a tour of the company’s plant on Spanish Town Road in Kingston, on Tuesday (July 26).

Red Stripe Commended for Expanding Operations

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 27 Jul 2022    user   
The management of Red Stripe has been commended for piloting the local brewery giant through the impact of the COVID-19 pandemic, to expand the entity’s operations. This includes further production capacity buildout at the firm’s Spanish Town Road-based plant in Kingston. Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, who toured the plant, including the built-out facilities, on Tuesday (July 26), noted that the management is investing “tens of millions of Euros” in expanding the operations, while describing the management’s exploits as “amazing”. “They have a line...


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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