The Port Authority of Jamaica (PAJ) will continue work on ongoing priority developmental projects geared towards stimulating economic growth as well as enhancing service offerings at Jamaica’s ports and port facilities. This is contained in the 2021/22 Public Bodies Estimates of Revenue and Expenditure that was tabled in the House of Representatives by Finance and the Public Service Minister, Dr....

The Development Bank of Jamaica (DBJ) is to disburse $8.49 billion in loans, during the 2021/22 fiscal year. As stated in the Public Bodies Estimates of Revenue and Expenditure for the year ending March 2022, the sum is inclusive of US$16.91 million, up from US$10.25 million in 2020/21. The DBJ will also seek to provide financial and non-financial products to...

The Government has allotted $200 million to complete activities under the Jamaica Integrated Community Development Project, during the upcoming fiscal year. The project seeks to enhance access to basic urban infrastructure and services, and support increased community safety in selected economically vulnerable and socially volatile inner-city communities of Jamaica. The money has been provided in the 2021/22 Estimates of Expenditure,...

The Inter-American Development Bank (IDB) has commended the Government of Jamaica for launching InvestmentMap Jamaica and is encouraging citizens to utilise the platform to keep track of public projects. The platform was implemented through funding from the IDB’s Transparency Fund. IDB Senior State Modernisation Specialist, Francesco De Simone, noted that the Administration remained resolute in launching the transparency tool and...

The Heart Foundation of Jamaica (HFJ) is celebrating 50 years of promoting heart health in Jamaica in 2021. Speaking at a recent JIS Think Tank, the entity’s Executive Director, Deborah Chen, said that the milestone comes at a time when the country is facing a pandemic. “This is not at all what we had in mind a few years ago...

Fourteen entrepreneurs from Treadlight, in Clarendon, were presented with equipment valued at $2.2 million, on January 29, through the Integrated Community Development Project (ICDP-II), of the Jamaica Social Investment Fund (JSIF). To date, three St. James communities and two from Kingston have received similar grants under the project, which is expected to reach many other communities across the island. In...

The Jamaica Intellectual Property Office (JIPO) says the protection of intellectual property (IP) can enhance the capacity to create wealth for micro, small and medium-sized enterprises (MSMEs). Speaking at a recent ‘Jamaica Business Development Corporation (JBDC) Virtual Biz Zone’ session, Assistant Patent Manager, JIPO, Jason Wongsam, said that research and development is key to developing industries as new ideas and...