Minister Hill Champions Jamaica as Top Business Destination
- Minister of Industry, Investment and Commerce, Hon. Aubyn Hill, has reaffirmed that Jamaica remains a top destination for doing business, citing expanded government support for investors, entrepreneurs, and Micro, Small and Medium-sized Enterprises (MSMEs).
- Since July 2025, at least 2,000 MSMEs and 2,100 individual entrepreneurs have been engaged through the Ministry’s roadshows held across eight parishes, which connect entrepreneurs with various portfolio agencies.
- Minister Hill also emphasised the importance of MSMEs participating in exports. “We have to export… and one of the things that we’re doing with MSMEs as we go out [is], the moment they get established at the Company’s Office [of Jamaica] we say [to them], ‘when are you going to start exporting? Where’s your market?’”
- Minister Hill also emphasised Jamaica’s macroeconomic appeal. “You go and look around CARICOM, go and look across the wider Central America and see how many countries you can find that don’t have some kind of currency control. Not Jamaica. That’s why investors want to come to Jamaica.”
- He also cited key economic indicators, including an unemployment rate of 3.3%, inflation holding steady at 3.3%, a debt-to-GDP ratio of 68.7% (down from 147%), and GDP growth of 1.4% in Q2 2025.
(Source: JIS)