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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (second right), with Jamaica Manufacturers and Exporters Association (JMEA) President, John Mahfood (second left), and Jamaica Stock Exchange (JSE) Managing Director, Dr. Marlene Street Forrest (centre), following their signing of a Memorandum of Understanding (MOU) that will facilitate JMEA micro, small and medium-sized enterprise (MSME) member companies listing on the Junior Stock Market. The signing took place at the JSE’s office in downtown Kingston on Thursday (March 24). Looking on (from left) are JMEA Executive Director, Kamesha Blake and and JSE Group Business Development Manager, André Gooden.

MOU Will Make Access To Capital Possible For Small Businesses

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 29 Mar 2022    user   
Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, has endorsed a Memorandum of Understanding (MOU) forged between the Jamaica Stock Exchange (JSE) and Jamaica Manufacturers and Exporters Association (JMEA) to enable listing on the junior equities market by JMEA member companies. The MOU, which will target micro, small and medium-sized enterprises (MSMEs), aims to facilitate access to capital for these entities, thereby enabling their growth and that of the equities market and overall economy. Under the initiative, it is intended that over the next two years, the JSE...


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Standards Revised For Transportable Gas Containers

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 29 Mar 2022    user   
The Bureau of Standards Jamaica (BSJ) has announced that it has made changes to two important guidelines that will help strengthen the petroleum sector. The announcement was made at the virtual launch of the Standards for Transportable Gas Containers held on Thursday (March 24) under the theme ‘Standards: Fueling Safety’. The launch focused on the revised JS 25:2018 Jamaican Standard Specification for Transportable Gas Containers and the JS 41:2021 Jamaican Standard Specification for Inspection, Retesting and Use of Transportable Containers. Vice Chair, Transportable Gas Containers Technical...


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Farmers Sensitised About Proposed Changes To FDA Produce Safety Rule

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 29 Mar 2022    user   
Stakeholders in the agriculture sector are being sensitised about the possible changes that are coming to the United States (US) Food and Drug Administration (FDA) Produce Safety Rule, which will require them to carry out assessments to ensure that water used to grow produce is free from contaminants. The FDA is proposing a revision to Subpart E of the FDA Food Safety Modernisation Act (FSMA) Produce Safety Rule that would change the pre-harvest agricultural water requirements for covered produce (other than sprouts). The objective is to protect public health. The Bureau of Standards Jamaica...


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David Stedeford (right), founder and chief executive officer of Bamboo Bioproducts greets Dr Norman Dunn, State Minister in the Ministry of Industry, Investment and Commerce at a meeting with the Westmoreland Chamber of Commerce and other community-based stakeholders, which was held, recently.

Multimillion dollar investment in bamboo production coming to Westmoreland

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 25 Mar 2022    user   
THE PARISH of Westmoreland is set to benefit from a multimillion US dollar investment of $337 million which will see the cultivation of 25,000 acres of farmlands to produce bamboo pulp for the global consumer tissue and personal hygiene industry. The project is being undertaken by Bamboo Bioproducts Ltd and is estimated to create some 1,000 direct employment opportunities in Jamaica and in excess of 5,000 indirect ones. Details of the project were outlined by David Stedeford, founder and chief executive officer of Bamboo Bioproducts, at a meeting with the Westmoreland Chamber of Commerce and...


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Investment Minister Encourages Local & Diaspora Participation in World Free Zones Exhibition & Conference

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 25 Mar 2022    user   
Senator Aubyn Hill, Minister of Industry, Investment and Commerce, is encouraging Jamaican entrepreneurs, based locally and in the Diaspora, to have their businesses showcased on the world stage by using the opportunity offered at the World Free Zones Organization (World FZO) Annual Conference and Exhibition 2022 (AICE 2022) to be held in Montego Bay, June 13 -17 this year. An increasing number of companies around the world are signaling their interest in participating in this premier event. More than 1,000 delegates from many of the 140 World FZO member countries are expected to be at the...


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Inspection overhaul for portable gas cylinders

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 25 Mar 2022    user   
The Bureau of Standards Jamaica (BSJ) has increased the interval period for inspection and hydrostatic testing – checks for leaks and strength – of portable gas cylinders from 10 to 12 years. The interval between each inspection, only in accordance with Clause 8, has also been increased from five to seven years. The Jamaican Standard Specification for Inspection, Retesting, and Use of Transportable Containers (JS 41:2021) and the Jamaican Standard Specification for Transportable Gas Containers (JS 25:2018) were launched at a virtual session on Thursday. Vice-chairman of the Transportable Gas...


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Coordinator of the National Quality Awards Programme and Senior Standards Development Officer at the Bureau of Standards Jamaica (BSJ), Elaine Edwards.

March 31 Deadline For Quality Awards Programme Applications

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 21 Mar 2022    user   
The programme, titled National Quality Awards, is being implemented by the Bureau of Standards Jamaica (BSJ). It will recognise and reward companies that have demonstrated application of standards and quality in their operations. The BSJ will then schedule and conduct the assessment, after which a detailed report of the findings will be generated by the assessors. Runner-up participants will receive a detailed copy of their reports, which will help to identify gaps in their system and will offer recommendations to ensure that they are operating at utmost efficiency. They will also receive...


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CAC head Dolsie Allen is urging consumers to be more vigilant when shopping and encourages them to use the CAC surveys to compare prices before purchasing.

Get 'appy' Cross-check prices on CAC app before buying

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 21 Mar 2022    user   
Dolsie Allen, head of the Consumer Affairs Commission (CAC), indicates that the agency has increased market surveillance, more so as prices continue to climb. The consumer agency has been checking for price gouging, but the agency is also advising consumers to watch their spending and to live within a budget. It also recommends the use of its shopping app, which allows consumers to search for the cheapest prices and the outlets that carry these goods. Allen, at a press update on Thursday, said that, as at January 31, 2022, the CAC market surveillance target activities had already surpassed...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (centre), in discussion with IGL Limited Managing Director, Peter Graham (left), during Wednesday’s (March 16) commissioning ceremony for the firm’s pressure swing absorption (PSA) plant at Ferry, St. Catherine, which was developed at a cost of nearly $100 million. Listening (from second left) are Minister of Science, Energy and Technology, Hon. Daryl Vaz; Leader of Opposition Business in the House of Representatives, Anthony Hylton; and Opposition Spokesman on Health, Dr. Morais Guy.

Jamaica’s Capacity To Produce Medical-Grade Oxygen Gets Big Boost

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 21 Mar 2022    user   
Jamaica’s ability to produce medical-grade oxygen has been further bolstered with the commissioning of IGL Limited’s pressure swing absorption (PSA) plant at Ferry, St. Catherine. The plant was developed at a cost of nearly $100 million. The facility was formally commissioned into service by Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, who represented Prime Minister, the Most Hon. Andrew Holness, during a ceremony on Wednesday (March 16). The plant’s development will boost IGL’s production capacity for oxygen by more than 40 per cent. Its introduction will...


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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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