Dec 05, 2020 Last Updated 2:45 PM, Nov 24, 2020

The Minister of Finance & the Public Service

The Hon. Nigel Clarke, DPhil., MP, is Jamaica's Minister of Finance and the Public Service and is Member of Parliament for St Andrew Northwestern. ...

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Jamaica launches Investment Map to improve transparency of public investments

Kingston, Jamaica: November 4, 2020

The Government of Jamaica, in partnership with the Inter-American Development Bank (IDB) launched the Jamaica InvestmentMap today, November 4, 2020. It is an online interactive portal that tracks the country's public investment projects and makes information available to citizens in a user-friendly map-based format. (https://publicinvestmentmap.gov.jm/).

 

Jamaica became the first country in the English-speaking Caribbean to join the IDB's regional InvestmentMap initiative. In recent years, Argentina, Colombia, Costa Rica, the Dominican Republic, Paraguay and Peru have launched InvestmentMap platforms under the initiative, and more countries are joining.

The Jamaica InvestmentMap draws information directly from the Ministry of Finance and the Public Service's (MOFPS) Public Investment Projects Database (PIP-D) on projects that are being funded with resources from both the Government and donor agencies. Some 78 projects are currently uploaded in the platform. Persons accessing the platform will be able to search data by parish, sector, and source of funding, among other criteria. Information available includes the financial and physical progress of the project. Project Managers can also upload pictures and videos of their projects.
The platform is interactive: citizens, NGOs, private companies, or other stakeholders can provide comments, ask questions and submit their own pictures of projects.

The Minister of Finance and the Public Service, Nigel Clarke said: "I am delighted to launch today the InvestmentMap Jamaica portal, an important first step in bringing more transparency and accountability to our public sector. It is aligned with the administration's objectives and will also help make our public investment system more efficient, at a time when we cannot afford to waste a single dollar".

In addition to increasing transparency, the project also aims to strengthen the performance of public investment projects. A recent study from the InvestmentMap Platform in Costa Rica shows that InvestmentMap can help accelerate the financial progress of projects by 18 percent and the physical progress by 8 percent, compared to projects not included in the platform.

The implementation of InvestmentMap was the result of close coordination between Jamaica's MOFPS, and the IDB Jamaica Country Office and InvestmentMap team, based across Latin America and the Caribbean. The platform complements important reforms in the Jamaican public sector including reforms in Public Financial Management generally, but more specifically the strengthening of the Public Investment Management System (PIMS). This reform is currently in progress with support from the IDB and World Bank.

"I commend the Government of Jamaica for being first in the English-speaking Caribbean to implement InvestmentMap. I hope more will follow and I am aware that other governments have already expressed interest," said Therese Turner-Jones, General Manager for the Caribbean Country Department at the IDB. "These platforms represent a key first step to strengthen the accountability loop for public officials in our region. This, in turn, is critical to strengthen people's trust in the public sector at this challenging time."

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For further information contact:
Corporate Communication & Public Relations Branch
Ministry of Finance and the Public Service
30 National Heroes Circle
Kingston 4
Tel: (876) 932-4656/4660/4655
Email: This email address is being protected from spambots. You need JavaScript enabled to view it. This email address is being protected from spambots. You need JavaScript enabled to view it.
Contact: Luke Douglas/Daniel Passley

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