Gov’t Will Continue to Support Productive Sectors

By: , April 16, 2016

The Key Point:

Prime Minister the Most Hon. Andrew Holness, says the Government will continue to provide support for the productive sectors to enable them to become more competitive.
Gov’t Will Continue to Support Productive Sectors
Photo: Yhomo Hutchinson
Governor-General, His Excellency the Most Hon. Sir Patrick Allen (right), and Prime Minister, the Most Hon. Andrew Holiness (2nd left), exchange greetings at the official opening of the 43rd staging of Expo Jamaica 2016 at the National Indoor Sports Centre in Kingston on April 14. At centre is wife of the Governor-General, the Most Hon. Lady Allen. The trade show will run until April 17 and is being held at the National Arena and the National Indoor Sports Centre in Kingston.

The Facts

  • He said the restoration of incentives under the Junior Stock Exchange will help businesses to raise capital to grow their operations.
  • Mr. Holness was speaking at the official opening ceremony for Expo Jamaica 2016 at the National Indoor Sport Centre in Kingston on April 14.

The Full Story

Prime Minister the Most Hon. Andrew Holness, says the Government will continue to provide support for the productive sectors to enable them to become more competitive.

He said the restoration of incentives under the Junior Stock Exchange will help businesses to raise capital to grow their operations.

“We know that the cost of financing is a constraint on your business. It limits your horizons for growth and this is why we have restored the incentives and shortly we will take the necessary legislative (changes) to give effect to the restoration,” he said.

Mr. Holness was speaking at the official opening ceremony for Expo Jamaica 2016 at the National Indoor Sports Centre in Kingston on April 14.

In commending the country’s manufacturers, the Prime Minister said they have been innovating, investing, establishing new markets, setting new trends and taking risks.

He pledged that the Government will strengthen the environment for businesses to strive and stimulate growth and development in the country.

“We have already started to effect change in the business process and the regulatory environment in Jamaica,” he noted.

Expo Jamaica 2016 is being staged by the Jamaica Exporters’ Association (JEA) and the Jamaica Manufacturers’ Association (JMA) in partnership with the Jamaica Promotions Corporation (JAMPRO).

The trade show is scheduled for April 14 to 17 at the National Arena and the National Indoor Sports Centre in Kingston.

The first two days will be geared at buyers. The event will be open to the public on April 16 and April 17 from 10:00 a.m. to 9:00 p.m.

Last Updated: April 18, 2016