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Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, says the recently passed Micro, Small and Medium Enterprise (MSME) Entrepreneurship Policy is geared towards linking all the crucial sectors of the economy to ensure growth. “One of the opportunities it provides is to make clear that some of the big initiatives relating to the growth agenda of the Government of...

Minister of State in the Ministry of Industry, Investment and Commerce, Hon. Sharon Ffolkes Abrahams, is leading a youth delegation to Panama from September 24 to 28 to participate in the Fourth Panama World Trade and Investment Foundation ‘Youth Ambassadors Programme’. Eight young persons from the Corporate Area and Montego Bay will participate in activities and seminars on business and...

The Ministry of Industry, Investment and Commerce and the United States Chamber of Commerce are to host a joint conference in Jamaica, aimed at promoting the Global Logistics Hub Initiative. This was disclosed by the Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, during a meeting with Ambassador to the United States, His Excellency Stephen Vasciannie at the Embassy...

Managing Director, Wisynco Group, William Mahfood, has given his company’s commitment to continue to invest in the economy. He said that increased investment is what is needed to help the country overcome the existing challenges. “Wisyno is investing a lot as well, so for us, we are committed to Jamaica. I think those companies that continue to invest will see...

Industry, Investment and Commerce Minister, Hon. Anthony Hylton, is again urging local business interests to support the proposed development of Jamaica’s global transshipment and logistics hub by taking advantage of the potential investment opportunities it provides. Speaking at the Jamaica Chamber of Commerce’s (JCC) quarterly luncheon at the Hibiscus Lodge in Ocho Rios, St. Ann, on Saturday (February 16), Mr....

The Development Bank of Jamaica (DBJ) will, over the next 12 months, embark on the pilot phase of their latest initiative, the non-commercial Mobile Money for Microfinance Project, dubbed M3. The venture, which was launched at the Jamaica Pegasus Hotel, New Kingston, on February 11, seeks to increase access to and security of financial service transactions and deliveries, particularly to...

The Government is to receive technical assistance from the World Bank in preparing a master plan to take advantage of investment and other opportunities coming out of the logistics hub project. World Bank representative to Jamaica, Giorgio Valentini, said the World Bank Group has been working closely with the Industry, Investment and Commerce Ministry over the past month and a...

Work is expected to begin on the Caymanas Economic Zone (CEZ) project by May this year, Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, has announced. This project is one of several elements comprising the Government’s Logistics Hub initiative. Development of the proposed trans-shipment and logistics hub is being undertaken by the Government in a bid to position Jamaica...

The Mass Metrology Laboratory of the Bureau of Standards Jamaica (BSJ) has been designated as the Regional Reference Laboratory, making it the first of its kind in the region. The designation, by the CARICOM Regional Organization for Standards and Quality (CROSQ), is in recognition of the BSJ’s capabilities in mass metrology and the value of these capabilities to the development...

Minister of State in the Ministry of Industry, Investment and Commerce, Hon. Sharon Ffolkes-Abrahams, has called on young people to turn away from illegal activities and use their skills for production and wealth creation. Speaking at the Granville Crime Prevention Summit, held at the Sunset Beach and Spa in Montego Bay, on January 31, Mrs. Ffolkes-Abrahams said she will be...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, says the scrap metal trade is not to be blamed for every theft of metal, either from a private or public space. The Minister was responding to a concern raised in the House of Representatives on January 29 that the re-opening of the scrap metal trade poses a risk to public...

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, is encouraging members of the Consular Corps to assist in attracting investment from the global trading community, in the development of Jamaica’s global transshipment and logistics hub. Mr. Hylton extended the invitation during an awards dinner hosted by the Consular Corps of Jamaica for visiting directors of the World Federation of...