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Jamaica Trade Point
Institution: Fiscal Services Limited
Jamaica Customs
Jamaica Promotions Corporation
Port Authority of Jamaica
Shipping Association of Jamaica
Trade Board Limited
Theme: Internet Governance
Implementation Date: Jan 01, 1999
Summary: Jamaica Trade Point is a new trade facilitation portal that serves as the following:

• A source of trade-related information where users can expect to receive information that most closely supports their trading activities, such as information on air and sea transportation choices, freight insurance and financing options, market research and intelligence;

• A trade transaction point where buyers and sellers are brought together to review and purchase Jamaican products and services through the exporter e-marketplace, www.BuyJamaica.com;

• A trade facilitation centre where users can expect to have their trading efforts facilitated by processes that are rationalized and where hindrances to their activities are removed; and

• A gateway to global networking, GTPNet, where local traders can be united with their international counterparts and where new transactions and relationships are facilitated.

In short, Jamaica Trade Point aims to maximize the potential benefits of this new way of doing business. It seamlessly consolidates the online applications of Jamaican trade agencies and ministries, providing the Jamaican business community for the first time with the integrated, rationalized, comprehensive system required to advance its quest for facilitation of trade in Jamaica.
Impact: Jamaica Trade Point is of paramount national importance for Jamaica as the fortunes of its companies, particularly the small and medium-sized enterprises, which account for over half of the private-sector employers and well over one third of total employment, directly affect the country’s economic prospects. The creation of new business opportunities and the expansion of existing ones within the private sector, as facilitated by Jamaica Trade Point are of critical significance to the nation.

In addition, as Jamaica Trade Point is accessible online, firms located in the rural areas, supporting critical employment in these locales, do not need to relocate to urban centres in order to be properly facilitated.

Furthermore, the increase in e-competence that is evident as users receive training for the new facility means that this portal is encouraging the empowerment of rural communities. Also, online connectivity is now being effected by both the post office and library kiosks island-wide, and there is no longer a problem in finding a location for going online.

Finally, Jamaica Trade Point is critical for the promotion and development of the strategic clusters as defined in the National Industrial Policy and it allows for synergies with current government initiatives and programmes.
Source: Fiscal Services Limited, Jamaica Customs, Jamaica Promotions Corporation, Port Authority of Jamaica
Project Home URL: http://www.jamaicatradepoint.com

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