Government of Jamaica

You are here

Gov’t Targets Manufacturing In COVID-19 Recovery


Article Archives
Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
2
3
4
5
6
7
8
9
10
11
12
13
21
22
23
24
25
26
27
 
December 2020
 
  • Hon. Dr. Norman Dunn (left) examines a door made from bamboo, while on a tour of the bamboo facility at the Factori… https://t.co/xqcTX4ESoG Posted: 5 days 19 hours ago
  • Research & training critical in expanding & developing Bamboo industry- Min Dunn: More..https://t.co/I4H3Utko2Ihttps://t.co/sdoY0idpqv Posted: 5 days 19 hours ago
  • These doors made from bamboo by Superchard & Sons Furnishing Company Ltd., located at the Factories Corporation of… https://t.co/KbHMsloaQG Posted: 6 days 11 hours ago

Minister of Industry, Investment and Commerce, Hon. Audley Shaw

Above Body

 30 Dec 2020    admin   

Minister of Industry, Investment and Commerce, Hon. Audley Shaw, says the Government is targeting the manufacturing sector as part of the coronavirus (COVID-19) economic recovery strategy.

He said that the Jamaica Promotions Corporation (JAMPRO) has identified areas for investment in agro-processing, cosmetics, packaging, medical cannabis or marijuana, personal and protective equipment (PPE) and medical disposables and light manufacturing, among others.

The Minister, who was addressing the Caribbean region virtual trade mission and networking event held on Tuesday (December 1), said the Government recognises that a strong manufacturing sector creates a clear path towards economic prosperity, and has, therefore, moved to implement measures to grow the sector and strengthen its resilience.

“We have sought to enhance the landscape for doing business through several initiatives, some of which were already in the pipeline but which became more urgent due to the effects of the pandemic,” he noted.

One such initiative is the National Five-Year Manufacturing Growth Strategy, which targets the achievement of $81 billion in manufacturing output by 2025 and an annual average growth rate of three per cent over the five-year period.

Among the main components are improving workforce productivity as well as increasing competitiveness and innovation.

Minister Shaw said that the Government is now looking to implement several key features of the strategy.

The Minister told the meeting that initiatives being pursued under the Trade Facilitation Reform Programme (TFRP) and the Public Sector Transformation programme, will also be key in the economic recovery effort, in terms of facilitating ease of doing business.

“Through this, we have seen the transformation of the Jamaica Single Window for Trade (JSWIFT). It is a one-stop shop designed to enable traders and their representatives to transact all business engagements online through a single portal that allows access to the services of all cross-border regulatory agencies, reducing the time and, ultimately, the cost of doing business,” he explained.

He further cited the National Business Portal, which facilitates multiple business-to-government transactions in one online location. The platform aims to strengthen the investment environment in Jamaica by delivering comprehensive information and guidance to facilitate private investment.

“These are but a few of the programmes and initiatives targeted to ensure that Jamaica remains not just viable, but to ensure that we take our rightful place in global competitiveness and wealth creation,” he said.

Source: JIS

The Ministry

Welcome to the official website of the Ministry of Industry, Investment and Commerce.

The Ministry of Industry, Investment and Commerce is described as Jamaica's "Business Ministry." It's mandate is to lead the development of policies that will create growth and jobs, while achieving social inclusion and consumer protection. The Ministry, working its stakeholders is primarily responsible for business policy development, monitoring and evaluation, while giving direction and oversight to a cluster of implementing departments and agencies.

We have, therefore, placed much energy and enthusiasm into the development of this website to provide timely information on the Ministry, our agencies and programmes.

Twitter

  • Hon. Dr. Norman Dunn (left) examines a door made from bamboo, while on a tour of the bamboo facility at the Factori… https://t.co/xqcTX4ESoG Posted: 5 days 19 hours ago
  • Research & training critical in expanding & developing Bamboo industry- Min Dunn: More..https://t.co/I4H3Utko2Ihttps://t.co/sdoY0idpqv Posted: 5 days 19 hours ago
  • These doors made from bamboo by Superchard & Sons Furnishing Company Ltd., located at the Factories Corporation of… https://t.co/KbHMsloaQG Posted: 6 days 11 hours ago

MIIC Social

MIIC Facebook   MIIC Twitter   MIIC YouTube

4 St. Lucia Avenue, Kingston 5, Jamaica
Telephone: (876) 968-7116 
Fax: (876) 960-7422 
Email: ps_office@miic.gov.jm

Opening hours: 
Mondays - Thursdays 8:30 a.m. - 5:00 p.m.
Fridays 8:30 a.m. - 4:00 p.m.

 


The Ministry of Agriculture and Fisheries - https://www.moa.gov.jm