As part of efforts to strengthen the efficiency and quality of the public procurement process, thereby improving the ease of doing business, the Jamaican Government will implement an electronic tendering system, to be acquired within the last quarter of the current fiscal year.
The system will be implemented in five pilot entities during fiscal year 2014-15, according to the September 2013 supplementary memorandum of economic and financial policies the Ministry of Finance submitted to the International Monetary Fund (IMF).
Among other measures to improve the business environment, the Government said steps have been taken to implement the use of a multi-purpose registration instrument that will streamline the business-registration process.
According to the memorandum, plans to establish a port community system to electronically integrate and streamline export and import procedures are under way, with completion of negotiations with the preferred bidder expected by January 2014.
A phased roll-out of the system is expected to start in March 2014.
Other ongoing initiatives to improve the business climate include encouraging the active use of electronic filing systems for all taxes, except motor vehicle and stamp duty.
It also includes reducing the number of steps to register a property and streamlining the process for construction permits, including standardising and harmonising application forms and application fees across parish councils.
According to the IMF's Country Report 13/126 on Jamaica, to improve the business climate, the Government intends to increase access to credit through a secured transactions framework; reduce transaction costs of commercial dispute resolution; and streamline business-registration processes.