Rural Economic Project Gets $100 Million
By: , February 18, 2020The Key Point:
A sum of $100 million has been allocated to the Rural Economic Development Initiative II.
The Facts
- This is outlined in the 2020/21 Estimates of Expenditure, now before the House of Representatives.
- The project seeks to enhance access to markets and to climate-resilient approaches for targeted beneficiaries (rural enterprises).
The Full Story
A sum of $100 million has been allocated to the Rural Economic Development Initiative II.
This is outlined in the 2020/21 Estimates of Expenditure, now before the House of Representatives.
The project seeks to enhance access to markets and to climate-resilient approaches for targeted beneficiaries (rural enterprises).
For the upcoming fiscal year, the project will rehabilitate the Bethel Town Sorrel Factory, procure irrigation kits and greenhouse materials, and complete pre-construction for an agro processing plant in Hammer Hill.
The project is funded by the Government of Jamaica and the International Bank for Reconstruction and Development.