The Jamaica Promotions Corporation (JAMPRO), last year, facilitated $7.58 billion in capital expenditures from landed investments, which in turn created 6,754 jobs. This was disclosed by Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, on Tuesday, May 14, during his Sectoral Debate presentation in the House of Representatives. The Minister said JAMPRO also facilitated $2.86 billion in export sales...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, is hailing the successful reopening of the scrap metal trade. The Minister informed the House of Representatives during his 2013/14 Sectoral Debate presentation on Tuesday, May 14, that since the restart in January, the trade has generated significant employment and foreign exchange earnings, in areas such as manufacturing, the financial sector,...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, has highlighted the commencement of work to redevelop a number of Garmex Free Zone facilities, in line with the Jamaica Logistics Hub initiative. Making this announcement in his contribution to the 2013/2014 Sectoral Debate in the House of Representatives on May 14, he explained that some of the Factories Corporation of...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, says the logistics hub initiative represents the path to transformation of the economy, and is not a “pipe dream”. “This initiative will cut the ‘Gordian knot’ which has been choking the Jamaican economy and condemned us to three decades of anaemic growth,” he emphasized , as he made his contribution to...

Local exporters will be further enabled to take advantage of market opportunities and increase their export earnings with an expansion of the ‘Export Max: Enterprise Development Programme’. A sum of $54.9 million has been set aside for Phase II of the project, which will provide technical assistance to an additional 10 companies. Industry, Investment and Commerce Minister, Hon. Anthony Hylton,...

State Minister for Industry, Investment and Commerce, Hon. Sharon Folkes Abrahams, says there will be limitless opportunities for Micro, Small and Medium-sized Enterprises (MSMEs) when the Government’s Global Logistics Hub is developed. “Among the many advantages of the development of a logistics hub are job creation and small business development. In most cases, the bulk of the transportation and logistics...

The Ministry of Industry, Investment and Commerce has been on a relentless drive to improve the country’s intellectual property (IP) framework as a crucial part of the growth agenda. Portfolio Minister, Hon. Anthony Hylton, said the thrust has included developing and passing new legislation; modernising the Jamaica Intellectual Property Office (JIPO) to make it more efficient and effective; identifying, protecting...

Investors have expressed a willingness to pump over US$9 billion in the Government’s Global Logistics Hub initiative. This was disclosed by Chairman of the Logistics and Investment Task Force in the Ministry of Industry, Investment and Commerce, Dr. Eric Deans, who noted that with this initiative, Jamaica has the opportunity “to attract the best investors, contractors and developers.” Dr. Deans...

Investment promotion agencies across the region are being urged to strive for greater effectiveness in the delivery of investment facilitation services so as to attract and retain foreign direct investment (FDI). The call came from Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, as he addressed the opening of the Caribbean Association of Investment Promotion Agencies (CAIPA) training workshop...