JIS News

Story Highlights

  • 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).

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.

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