Cabinet reviews proposals to boost ICT industry

- Friday, September 16, 2011

Cabinet reviews proposals to boost ICT industry

Jamaica's cabinet has received numerous measures looking to develop the ICT sector, government information service JIS reported on its website.

The initiatives emphasize in particular the business process outsourcing (BPO) segment, which is expected to create a significant number of jobs over a short period.

The proposals include appointing an ICT ambassador, building out ICT space, establishing a credit line for the BPO industry, creating incentives for the sector and providing specialized training and funding, telecommunications minister Daryl Vaz said.

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Last month, Jamaica's government announced that it will soon unveil a five-point plan aimed at expanding the country's ICT sector, with a particular focus on BPO.

Investments in the local ICT industry will be a "top priority" for the government over the next 12-18 months, industry, investment and commerce minister Christopher Tufton previously said.

The idea is to double the number of jobs in the industry and improve its global competitiveness. To that end, Jamaica's ICT sector must grow 20-21% a year for the next 4-5 years, according to Tufton.