News

Jamaica Promotions Corporation (JAMPRO) is developing a national investment portal as part of its three-year business strategy.

Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Hon. Daryl Vaz, said the portal will serve as a comprehensive base of information that facilitates investments in Jamaica.

He said the portal’s main functions will include: information sharing; facilitating online application submissions; and enabling back office interface among Government approval entities.

Mr. Vaz said JAMPRO has, to date, issued a request for interest for qualified firms to develop the web-based facility that will provide an interface for prospective and existing investors in Jamaica.

JAMPRO, which falls under the Ministry, is the Government’s principal investment agency.

The Minister was speaking at the Jamaica 55 Diaspora Conference’s growth forum at the Jamaica Conference Centre, downtown Kingston, on July 25.

Mr. Vaz also advised that JAMPRO has commenced the development of an investor guide that will form the basis of information to be shared on the portal and which outlines the steps involved in doing business in Jamaica.

“It is anticipated that this project will complement the National Investment Policy, will help to better streamline business approvals and increase Government’s transparency and accountability,” he added.

The biennial Jamaica Diaspora Conference is being held from July 23 to 26 under the theme: ‘Partnering for Growth’.

Source: Jamaica Information Service

Published Date: July 26th, 2017