Ministry of Industry, Investment and Commerce

What Ministry of Industry, Investment and Commerce does

The Ministry of Industry, Investment and Commerce (MIIC) is the Government of Jamaica's primary business ministry, headquartered at 4 St. Lucia Avenue, Kingston 5, with 1,001–5,000 employees. It develops, monitors, and evaluates business policy with the stated objective of driving economic growth through increasing investments, expanding exports, supporting MSME development, and strengthening quality and standards. The ministry operates a unified government portal (miic.gov.jm) and delivers services through a network of 20 wholly-owned agencies and departments spanning the full commercial lifecycle — from business registration (Companies Office of Jamaica), investment and export promotion (JAMPRO), export-import financing (EXIM Bank), and intellectual property registration (JIPO) to standards and certification (Bureau of Standards Jamaica, NCBJ, JANAAC), special economic zone management (JSEZA), competition regulation (Fair Trading Commission), consumer protection (Consumer Affairs Commission), and emerging-sector regulation (Cannabis Licensing Authority, HSRA).

MIIC's core product surface includes the government portal, the Productive Inputs Relief (PIR) fiscal incentive program granting manufacturing status with duty-free importation and GCT deferral, Common External Tariff (CET) suspension/alteration services administered through the Commerce Division, ISO 9001 Quality Management System implementation via the ISO Quality Systems Division, and three flagship outreach programs: the MSME Business Roadshow, Business Restoration Programme, and Craft & Coffee initiative. The underlying technology layer is general government service delivery infrastructure rather than proprietary platforms; integrations are limited and no APIs, SDKs, or AI capabilities are disclosed.

The business model is government appropriation rather than commercial revenue: MIIC is funded by Jamaican government budget allocations, with services provided to Jamaican businesses and citizens rather than sold at market prices. The primary customer segment is Micro, Small & Medium-sized Enterprises (MSMEs), with use cases spanning business formalization, export preparation, registration, growth support, funding access, and industry standards compliance. Distribution is multi-channel — in-person at Kingston headquarters, telephone, dedicated digital platforms (Jamaica Business Gateway, Jamaica Single Window for Trade, Jamaica Trade Information Portal), and mobile outreach roadshows. The ministry also markets its programs through six social media channels (Twitter/X, Instagram, Facebook, LinkedIn, TikTok, YouTube).

Name

Ministry of Industry, Investment and Commerce

Legal name

Ministry of Industry, Investment and Commerce

Website

https://miic.gov.jm

Company type

Private

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

The Ministry of Industry, Investment and Commerce is the Government of Jamaica's principal business ministry, headquartered in Kingston with 1,001–5,000 employees. It develops and implements business policy, administers fiscal incentives, and delivers MSME support, export promotion, and standards regulation through 20 agencies and departments serving Jamaican enterprises.

Ownership category

akta.pro rank

Product category

Government Business Services and Trade Policy Administration

NAICS

Administration of General Economic Programs (92611), Executive and Legislative Offices, Combined (921140), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615)

SIC

International Affairs (9721), Foreign Governments (8888)

akta.pro primary industry

Trade, Export Controls & Customs Compliance (BPAHAFAN)

akta.pro secondary industry

Economic Research, Statistics & Policy Advisory (BPADAMAJ)

Keywords

• Government business services
• MSME development programs
• Export and investment promotion
• Trade policy administration
• Quality standards regulation

Headquarters

HQ city

Kingston

HQ country

Jamaica

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Government Services: MIIC operates as a government ministry providing regulatory, promotional, and support services to Jamaican businesses. The ministry administers fiscal incentives (PIR), manages trade policy (CET), facilitates ISO certification, and supports MSME development through its various programs and 20 agencies.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

The Ministry of Industry, Investment and Commerce (MIIC) is a Jamaican government ministry that develops, monitors, and evaluates business and trade policy to drive economic growth. It delivers regulatory, promotional, and support services through 20 agencies and departments, including business registration, fiscal incentives (PIR), CARICOM Common External Tariff administration, ISO quality certification, export/import licensing, consumer protection, investment promotion via JAMPRO, and financing through EXIM Bank. The ministry also operates MSME development, business restoration, and sector-specific support programmes for Jamaican entrepreneurs and firms.

Product overview

The Ministry of Industry, Investment and Commerce (MIIC) is a Jamaican government ministry operating a single unified portal with multiple service programs. The core offering is the government portal providing business support across export and investment promotions, MSME development, quality standards, and consumer protection. Supporting programs include the Productive Inputs Relief (PIR) fiscal incentive, Common External Tariff suspension services, and ISO 9001 certification support. The ministry also runs the MSME Business Roadshow, Business Restoration Programme, and Craft & Coffee initiative, supported by a network of 20 agencies and departments.

Differentiator

Problem solved

Functional benefit

Brands

• MSME Business Roadshow: Mobile outreach programme supporting micro, small and medium-sized enterprises
• Business Restoration Programme
• Craft & Coffee

Products and services

• Productive Inputs Relief (PIR) Fiscal incentive program administered by the Industry Division that provides duty concessions and relief on essential inputs for approved companies in manufacturing, agriculture, tourism, healthcare, and creative industries. Benefits include duty-free importation, 50% reduction in Customs Administrative Fees, and GCT deferral.
• Common External Tariff (CET) Suspension/Alteration Service Commerce Division service handling requests for CARICOM Common External Tariff suspensions or alterations for registered manufacturers, granted for specific periods by the CARICOM Secretariat to enable duty-free importation of raw materials and intermediate goods.
• ISO 9001 Quality Management System Implementation ISO Quality Systems Division (ISO QSD) leads implementation of ISO 9001 Quality Management System standard towards certification for public sector entities and medium-sized private entities in Jamaica.
• MSME Business Roadshow Ministry programme supporting micro, small, and medium-sized enterprises through roadshow events and business development assistance.
• Business Restoration Programme Ministry programme helping Jamaican businesses recover and restore operations through dedicated business relief services.
• Craft & Coffee Programme Ministry initiative supporting craft producers and coffee industry stakeholders in Jamaica.

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and support.

• Jamaica Promotions Corporation (JAMPRO)coreStrategic or Co-development PartnerJAMPRO is a key agency under MIIC focused on investment promotion and export development. The agency plays a central role in positioning Jamaica as a competitive destination for investment and exports.
• Bureau of Standards JamaicacoreStrategic or Co-development PartnerBSJ operates under MIIC to develop and promote standards for products, services, and processes, supporting quality and competitiveness in both domestic and international markets.
• Companies Office of JamaicacoreStrategic or Co-development PartnerThe Companies Office of Jamaica handles business registration and related services, supporting business formalization under MIIC's mandate.
• Consumer Affairs CommissioncoreStrategic or Co-development PartnerCAC operates under MIIC to protect consumer rights and ensure fair trading practices across Jamaica's commercial sector.
• National Export-Import Bank of JamaicacoreStrategic or Co-development PartnerExim Bank provides financing solutions for exporters and importers, supporting MIIC's export growth and investment objectives.
• Fair Trading CommissioncoreStrategic or Co-development PartnerFTC operates under MIIC to regulate competition and ensure fair trading, supporting a healthy business environment.
• Jamaica Special Economic Zone AuthoritycoreStrategic or Co-development PartnerJSEZA manages special economic zones, attracting investment and supporting export-oriented businesses under MIIC's guidance.
• Food Storage & Prevention of Infestation DivisionsupportStrategic or Co-development PartnerFSPID operates under MIIC to prevent infestation and ensure food storage standards for businesses.
• Hazardous Substances Regulatory AuthoritysupportStrategic or Co-development PartnerHSRA regulates hazardous substances to ensure safety and compliance for businesses operating with regulated materials.
• Cannabis Licensing AuthoritysupportStrategic or Co-development PartnerCLA regulates Jamaica's cannabis industry, supporting the development of emerging sectors under MIIC's purview.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Singapore Ministry of Trade and Industry: Mature, well-established trade and industry ministry with substantially broader scope and resources. Comparable as the gold-standard reference for what an integrated trade-industry-investment ministry can become, though operating at a vastly different economic scale.
• UK Department for Business and Trade: National department unifying business, trade, and investment policy functions at the UK level. Comparable as a broader-scope incumbent performing trade promotion, standards, and business support functions analogous to MIIC's distributed agency network.

Direct peers

• Trinidad and Tobago Ministry of Trade and Industry: Direct Caribbean counterpart ministry with an equivalent mandate covering trade policy, investment promotion, MSME support, and industry development. Most structurally comparable peer given shared CARICOM membership and small-island economy context.
• Barbados Ministry of Industry, International Business, Commerce and Small Business Development: Closely matched peer with overlapping mandate across industry, international business, commerce, and MSME development. Another CARICOM member addressing the same business formalization, export, and investment promotion challenges at similar economic scale.
• Invest Barbados: National investment promotion agency functionally comparable to JAMPRO (an MIIC subsidiary). Operates with similar mandates — FDI attraction, export development, investment facilitation — in a comparable Caribbean economy context.
• Cayman Islands Ministry of Commerce, Tourism and Labour: Caribbean peer ministry handling commerce, investment attraction, and business regulation in another small island jurisdiction. Comparable as a regional counterpart pursuing investment-led economic diversification through similar regulatory and incentive tools.
• Bahamas Ministry of Finance: Caribbean peer ministry covering economic policy, investment, and business regulation in a similarly sized island economy. Comparable in scope of fiscal incentive administration and oversight of investment promotion functions.

Others

• Inter-American Development Bank: Multilateral development bank that funds economic development programs aligned with MIIC's MSME and trade facilitation mandates. Comparable as an enabling/ecosystem institution whose lending programs and technical assistance complement the ministry's policy work across the Caribbean.

Regional players

• Caribbean Export Development Agency: Regional agency focused on Caribbean export development, working alongside national ministries like MIIC. Comparable through its overlap with JAMPRO's export promotion mandate and shared MSME-export-readiness programming across CARIFORUM states.
• CARICOM Secretariat: Regional body that MIIC engages with directly through CET administration and trade policy. Comparable as the supra-national counterpart that sets the trade framework within which MIIC operates its tariff and export programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/industryminja
• YouTubeyoutube.com/@industryminja
• Facebookfacebook.com/Industryminja
• LinkedInlinkedin.com/company/the-ministry-of-industry-investment-and-commerce
• Instagraminstagram.com/industryminja
• TikToktiktok.com/@industryminja

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries21 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ministry of Industry, Investment and Commerce