JIS News

Story Highlights

  • Industry, Investment and Commerce Minister, Hon. Anthony Hylton, has hailed the contribution of late Jamaica Chamber of Commerce (JCC) President, Francis “Paco” Kennedy, to the National Competitiveness Council (NCC).
  • Mr. Hylton, who also chairs the NCC, described Mr. Kennedy, who passed away earlier this week, as a “dedicated” member of the entity “and a stalwart in the private sector.”
  • In noting Jamaica’s significantly improved position globally in the World Bank’s latest Doing Business Report, which sees the country moving up 36 places to 58th Mr. Hylton said “this…continues Jamaica’s performance trend in the global competitiveness indices, this year.

Industry, Investment and Commerce Minister, Hon. Anthony Hylton, has hailed the contribution of late Jamaica Chamber of Commerce (JCC) President, Francis “Paco” Kennedy, to the National Competitiveness Council (NCC).

Speaking at the Council’s final meeting for 2014 at Jamaica Promotions Corporation’s (JAMPRO) New Kingston corporate offices on Wednesday, October 29, Mr. Hylton, who also chairs the NCC, described Mr. Kennedy, who passed away earlier this week, as a “dedicated” member of the entity “and a stalwart in the private sector.”

“Paco was a friend, personal and of the Ministry, and Government. His (widow) Marjory, who all of us (NCC members) know, sits on the Council, in her own right, as President of the Jamaica Exporters’ Association (JEA)…and I cannot imagine what she is going through at this time,” the Minister said, as he invited Council members attending Wednesday’s meeting to observe a minute’s silence in memory of Mr. Kennedy.

Meanwhile, Mr. Hylton expressed gratitude to all of the NCC’s members, who attended and participated in the entity’s meetings during 2014.

“We have accomplished a number of things that we set out to do (at) the beginning of the year, and I want to thank all of you for playing your part in large and small ways,” he said.

In noting Jamaica’s significantly improved position globally in the World Bank’s latest Doing Business Report, which sees the country moving up 36 places to 58th Mr. Hylton said “this…continues Jamaica’s performance trend in the global competitiveness indices, this year, given the earlier performance for Logistics Performance Index (LPI), and then the Global Competitiveness Report, last month.”

“We have received improvements all the key competitiveness reports, and we look forward to continuing this progress for the year 2015,” he stated.

Mr. Hylton also noted that JAMPRO, through the work of the NCC, has been named Lead Coordinating Agency for component one of the World Bank’s Foundation for Competitiveness and Growth Project, “which will focus on the implementation of reforms impacting development approvals, access to credit, trading across borders, and general competition laws in Jamaica.”

Established in 2010, the NCC brings the systems pertaining to national competitiveness under one umbrella. It seeks to implement cross-functional and multi-agency strategies to address the impediments associated with establishing and operating a business in Jamaica.

Additionally, it drives the creation and maintenance of a policy environment that facilitates continued improvements in the productivity and innovativeness of Jamaican micro, small and medium enterprises (MSMEs).