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Thursday, 01 October 2015 12:01

DBJ and Bureau of Standards sign $6m deal

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Managing Director of the DBJ Milverton Reynolds (2nd right) & Executive Director of the Bureau of Standards Yvonne Hall (centre) review their memorandum of understanding signed this week. The MoU is a commitment by the DBJ to support the Bureau in getting international accreditation for its training programmes in manufacturing and the service industries. Looking on (from left) are Claudine Tracey, DBJ’s general manager of the strategic services division, Professor Winston Davidson, chairman of the BSJ and Shakira Pickersgill, DBJ’s company secretary. Managing Director of the DBJ Milverton Reynolds (2nd right) & Executive Director of the Bureau of Standards Yvonne Hall (centre) review their memorandum of understanding signed this week. The MoU is a commitment by the DBJ to support the Bureau in getting international accreditation for its training programmes in manufacturing and the service industries. Looking on (from left) are Claudine Tracey, DBJ’s general manager of the strategic services division, Professor Winston Davidson, chairman of the BSJ and Shakira Pickersgill, DBJ’s company secretary. Photo: Contributed

Milverton Reynolds, managing director of the Development Bank of Jamaica (DBJ) and Yvonne Hall, executive director of the Bureau of Standards Jamaica (BSJ), on Monday signed a memorandum of understanding (MoU) under which the DBJ will provide funding of $6 million of a $13-million project to support the BSJ’s implementation of two management systems for training programmes.

The BSJ is seeking international accreditation of its industrial training unit to ISO/IEC 17024, which covers requirements for certifying persons against specific requirements, and ASTM E2659-15, which guides certificate issuers in developing and administering training courses for personnel in the public and private sector.

The DBJ’s support will help to implement these two management systems and allow the BSJ to offer personal certification to individuals in any course of study through verifiable pre-determined criteria.

Under the memorandum of understanding, the BSJ will also begin developing webinars and an e-training platform to deliver the training courses. This will account for 25 per cent of the total training programmes the BSJ now offers.

Speaking at the function at the bank’s Oxford Road office, the DBJ’s Reynolds noted that among the over 700 organisations that will benefit from the BSJ’s programme are small and medium-sized enterprises (SMEs).

“SMEs are specifically targeted by the DBJ for assistance in accessing loans and other forms of financing and business development – to make them more structured, more efficient and more likely to survive,” he said. “And although the training will focus primarily on the manufacturing and services industries, it is easy to see that the ‘train-the-trainer’ approach to the delivery of the programme will have far-reaching effects across all the productive sectors and segments of the population.”

He praised the BSJ for the development role of the programmes, pointing out that among the positive impacts they will have is the improvement of Jamaica’s standing among its regional and international counterparts.

Hall said that the project fit perfectly with the DBJ’s growth strategies as it seeks to build a user friendly ecosystem for business.

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