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The Hon. Karl Samuda, Minister of Industry, Investment and Commerce, encouraged Chinese investors to take advantage of the potentially lucrative big business opportunities in Jamaica at the recent Trade and Investment Forum at the Grand Hyatt Hotel in Shanghai, which was hosted by JAMPRO against the backdrop of World Expo 2010 Shanghai. Minister Samuda outline existing investment and trade opportunities...

Permanent Secretary in the Ministry of Industry, Investment and Commerce, Reginald Budhan, emphasised today (July 22), that investing in a greener future has assumed added significance and urgency, given the emergence of climate change and its ill effects on global weather systems. The Permanent Secretary noted that one area that offers significant opportunity for investment in the future, which would...

Minister of State in the Ministry of Industry, Investment and Commerce, Hon. Michael Stern, has called on members of the National Association of Jamaican and Supportive Organisations (NAJASO), as well as the next generation of Jamaicans in the Diaspora, to invest in Jamaica. "As Government, we are confident that there are vast opportunities in Jamaica for investments, which will ultimately...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, has welcomed international pest control company Orkin Incorporated's decision to establish a local franchise, Orkin Jamaica, in partnership with the Guardsman Group. Speaking at the official launch of Orkin Jamaica at Guardsman Group Limited's headquarters in Kingston on Tuesday (June 29), Mr. Samuda said Orkin made "a wise choice" and described...

Minister of Industry, Investment & Commerce Karl Samuda left the island today for New York where he will represent Jamaica at the U.N. Global Compact Leaders Summit 2010, which opens tomorrow under the theme: "Building a New Era of Sustainability." Minister of Industry, Investment & Commerce Karl Samuda The two-day summit which seeks to address the most daunting developmental challenges...

As JAMPRO continues to seek opportunities to promote trade and investment opportunities in Jamaica, the company recently became a member of London-based Worshipful Company of World Traders. JAMPRO's European Regional Manager, Laurence Jones, said that membership in the international trade fraternity is a good move for Jamaica. "They deal strictly with trade so we thought that . this association of...

Some critical infrastructure, such as roads, water supply systems, and community facilities in North West Clarendon, are to be worked on with money from the Constituency Development Fund (CDF). This was noted by Minister of State in the Ministry of Industry, Investment and Commerce and Member of Parliament (MP) for North West Clarendon, Hon. Michael Stern, at a CDF forum,...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, is calling on groups that represent Micro, Small and Medium-sized Enterprises (MSMEs) to consolidate and move towards the common goal of enhancing the productivity of the sector. "There is not sufficient focus on coming together and saying 'how can we be consistent in pursuit of service to the micro and small...

Minister of Industry, Investment and Commerce, Hon. Karl Samuda, says his Ministry will be keeping a very close eye on the movement in electricity costs over the next few months, particularly as it relates to the productive sector. Mr. Samuda told journalists that his office has been in dialogue with the Office of Utilities Regulation (OUR) to ascertain the possibility...

Some 50 new buyers have registered for this year's Expo Jamaica 2010, in the last three weeks, despite the negative impact that the recent unrest in sections of West Kingston have had on Jamaica's image, Minister of Industry, Investment and Commerce, Hon. Karl Samuda, has said. He said this was a clear indication that there is some level of confidence...

Jamaica Promotion Corporation (JAMPRO) will be launching a major international marketing campaign to regain the interests of investors following the unrest in sections of West Kingston. "JAMPRO will be embarking on intensive dialogue with existing investors, those who are already here, and also those who we wish to encourage to come here," Industry, Investment and Commerce Minister, Hon. Karl Samuda,...

The Government has ordered an investigation into the 3.2 per cent increase in cement prices introduced by the Caribbean Cement Company Limited (CCCL), recently. Minister of Industry, Investment and Commerce, Hon. Karl Samuda, told journalists at a press conference at his office, St. Lucia Avenue, New Kingston, on Tuesday (June 15), that the Government was extremely concerned about the reasons...