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June 2025
 

Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda (centre) closely examines fibre optic cable at CB Cabling Technologies’ display booth, while Director of Technical Services at the company, Clarence Blake, explains its use. Occasion was the closing ceremony of the 2016 Scotiabank Vision Achiever Programme held at Scotiabank Corporate Learning Centre in Kingston on August 31, 2016. At right is Vice President for Marketing, Scotiabank Jamaica, Yanique Forbes.

Samuda Calls for Lowering of Interest Rates on MSME Loans

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 16 Sep 2016    nicola.wint   
Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, is calling for banks to lower interest rates to single digit, in order to boost production and growth within the micro, small and medium enterprise (MSME) sector. He cited agriculture as one sector which cannot grow with an interest rate that exceeds four per cent. Minister Samuda noted that 97 per cent of registered taxpayers are to be found within the MSME sector, “but the sector cannot hope to thrive at the pace necessary to get this economy rolling, unless we get to low single-digit interest charges”. He was...


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Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda (left), and Vice President of Marketing and Agricultural Supplies of the Hi-Pro Division of the Jamaica Broilers Group, Mr. Conley Salmon, in conversation following a breakfast meeting at the Terra Nova All-Suite Hotel in Kingston on August 12 to discuss an ongoing campaign to promote increased egg consumption by Hi-Pro and the United States Soybean Export Council (USSEC) in partnership with the Jamaica Egg Farmers Association (JEFA).

Maintain Consistency in the Quality and Supply of Eggs – Samuda

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 25 Aug 2016    nicola.wint   
Amidst a campaign to encourage increased consumption of eggs, Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, is urging players in the industry to ensure consistency in price and quality. Addressing a breakfast meeting at the Terra Nova All-Suite Hotel in Kingston on Friday, August 12, 2016, Mr. Samuda said the sector must look at how best to sustain reliable output in order to maintain prices, which will allow better business planning. He further noted that the hospitality sector being a major consumer is also an opportunity for the eggs producing industry to...


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Drafting of Interim Regulations for Cannabis Industry Underway

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 28 Jan 2016    user   
The Cabinet Sub-Committee on Ganja, this week, gave instructions for drafting of interim regulations for the Cannabis industry to begin. The instructions came after an exhaustive process including consultation with key stakeholders by the Cannabis Licensing Authority (CLA). The Interim Regulations will govern the licensing regime for the cultivation, harvesting, processing/manufacturing, transporting and retailing of ganja. The instruction to draft the interim regulations comes just nine months after the Amendments to the Dangerous Drugs Act came into effect on April 15, 2015 and less than...


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Global Competitiveness Team congratulates Jamaica on rapid improvement

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 30 Sep 2014    user   
Head of the Global Competitiveness Team, Dr. Margareta Drzeniek Hanouz and Director of the Global Competitiveness and Benchmarking Network, Ms. Ciara Browne congratulated Minister Hylton on Jamaica’s move in this year’s Global performance Index during a meeting with the Global Competitiveness team in Geneva. “Jamaica has demonstrated considerable strength in certain key areas measured such as financial market development, protection for property rights and Information and Communications Technology” stated the team during a presentation to Minister Hylton. The congratulatory statement comes...


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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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Telephone: (876) 968-7116 
Fax: (876) 960-7422 
For general enquiries, requests for information, or assistance with ministry services, policies or programmes, contact: information@miic.gov.jm
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The Ministry of Industry, Investment and Commerce - https://www.miic.gov.jm