KINGSTON, Jamaica—In a significant escalation of its post-hurricane economic rehabilitation strategy, Jamaica’s Ministry of Industry, Investment and Commerce (MIIC) is implementing a multi-faceted support program for micro, small and medium-sized enterprises (MSMEs). This coordinated response addresses the persistent operational disruptions faced by businesses, particularly in the western regions of the island, despite progress in restoring essential utilities.
Delano Seiveright, State Minister at the MIIC, emphasized that the recovery drive is being executed under the strategic direction of Minister Senator Aubyn Hill, prioritizing rapid, practical interventions. The core objectives are facilitating business reopenings, preserving employment, and stabilizing local economies. “Our approach is fundamentally centered on delivering tangible solutions with speed and precision,” Seiveright stated, highlighting the ministry’s commitment to removing obstacles for enterprise recovery.
The ministry’s on-the-ground initiatives showcase a blend of immediate relief and long-term resilience building. Notable projects include the complete reconstruction of a cluster of 44 small shops in Border, St. Elizabeth, now engineered with enhanced hurricane and flood resistance. In Whitehouse, Westmoreland, commercial activity has been revived through the restoration of grocery operations and cold-storage capacity via targeted generator support.
To date, direct assistance has reached over 600 MSMEs across the parishes of Trelawny, Hanover, St. Elizabeth, and St James. This support is being delivered through a combination of voucher systems and community-based measures designed to ensure the continued availability of essential goods.
Spearheading the technical response, the Jamaica Business Development Corporation (JBDC) has amplified its islandwide engagement. Its efforts encompass comprehensive damage assessments, client reconnection services, and an emergency helpdesk, all informed by a national MSME survey to precisely tailor interventions. For medium-term recovery, the JBDC’s “Build Back Stronger” programme offers business coaching, product development, digital transformation support, and resilience planning.
Concurrently, the National Export-Import Bank of Jamaica (EXIM Bank) has activated a suite of financial relief measures. These include moratoria on existing loans, reductions in associated fees, and expanded credit access for businesses impacted by the hurricane. This financial lifeline is specifically aimed at aiding working capital needs, equipment repairs, and supply-chain rehabilitation.
Further facilitation has been rolled out across the Ministry’s portfolio agencies. The Jamaica Trade Board Limited has eased specific import permit and certification requirements to assist business retooling, while the Jamaica Special Economic Zone Authority has offered compliance flexibility and relocation support to sustain operations in manufacturing, logistics, and business process outsourcing.
The Ministry confirms it is also collaborating with institutional partners, including the Development Bank of Jamaica, to channel recovery financing through dedicated initiatives like the M5 Business Recovery Programme, ensuring a cohesive and robust support ecosystem for Jamaica’s vital MSME sector.