Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»UK Government pumps $J3.5 billion into major agricultural development in Jamaica’s southern plains
    Commodities

    UK Government pumps $J3.5 billion into major agricultural development in Jamaica’s southern plains

    April 26, 20253 Mins Read


    Prime Minister Andrew Holness alongside Agriculture Minister Floyd Green, British High Commissioner to Jamaica, Judith Slater, and other stakeholders at the turning on of the pumps at the Parnassus Agro Park in Clarendon on April 23.

    The United Kingdom (UK) Government has pumped £17.3 million (J$3.5 billion) into the Southern Plains Agricultural Development Project, which includes the Parnassus Irrigation System and Agro-Park in Clarendon.

    The commissioning of the system and official project launch was marked on April 23 by the Government of Jamaica.

    According to the British High Commission in Jamaica, “the transformational project” is being funded through the UK Caribbean Infrastructure Fund (UKCIF).

    Launched in 2016, UKCIF is a £350 million programme (J$72.3 billion) that’s funded by the UK Government and implemented in partnership with the Caribbean Development Bank (CDB). UKCIF supports high-quality, climate-resilient infrastructure that drives economic growth and has lasting social impact.

    The high commission said the project will play a major role in Jamaica’s agricultural transformation. “The initiative aims to improve irrigation, infrastructure, and climate resilience for farming communities in Clarendon and St Catherine,” it said.

    The high commission said the UK’s investment is unlocking significant improvements, including:

    -Nearly 400 hectares of irrigated farmland

    -9.6 million gallons of water supplied daily

    -12 kilometres of newly-built roads

    -Upgraded storage and handling facilities for crops

    Representing the UK Government at Wednesday’s commissioning, British High Commissioner to Jamaica, Judith Slater, noted that Jamaica is the joint largest beneficiary of UKCIF with an overall allocation of £53.2 million (J$11 billion).

    She noted that the project was one of two major agricultural initiatives being supported by the UKCIF in Jamaica, alongside the Essex Valley Agricultural Development Project. Both were selected by the GoJ to enhance food security and reduce the vulnerability of farmers to climate change by ensuring reliable water access year-round.

    Slater reaffirmed the UK’s commitment to supporting inclusive and climate-resilient economic growth across the region.

    “We are opening the way to harvest opportunity, turning challenges into growth. This project is not only about infrastructure; it’s about ensuring that support reaches those who need it most, including women, youth, and people with disabilities, to build more resilient and productive livelihoods,” said Slater.

    Prime Minister Andrew Holness, who gave the keynote address, outlined the significance of the partnership while stating that he was “very happy to turn over the project to our farmers”.

    “Jamaica has about 40 per cent of its land mass arable, meaning you can farm it. Of that, only about 15 per cent would be irrigated. With this (Parnassus) and Essex Valley-the Southern Plains Agricultural Development Project, we will probably get close to 20 per cent of our arable lands irrigated…,” he added.

    Meanwhile, Minister of Agriculture, Mining and Fisheries, Floyd Green said, “This is extremely important to us in agriculture because we know that for decades farmers have faced tremendous challenges with water and access to water and tremendous challenges around tenureship of land…the UK set up a fund for infrastructure across the Caribbean and asked countries to submit proposal around what they believe are the best use for those resources…and I think we can all be proud that this Government prioritised agriculture and irrigation as the best use of those funds.”





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Tummala urges GST exemption on agricultural machinery, reviews urea supply challenges

    Commodities

    Metal Gear Solid Delta Has a PS5 Pro Performance Problem

    Commodities

    Twisted Metal’s Mike Mitchell Talks Season 2, Stunts in the Wasteland, and More

    Commodities

    ‘Metal Gear Solid Delta: Snake Eater’ : A Perfect Love Letter

    Commodities

    Commodity Prices Surge As Powell Signals September Fed Rate Cut [VIDEO]

    Commodities

    10 Things Even Metal Gear Fans Didn’t Know About Solid Snake

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    Après quinze ans de silence, la magie Stereolab opère toujours

    Property

    HTB lifts maximum lending to £35m for property professionals  – Mortgage Strategy

    Precious Metal

    Scopper Gaban réalise l’impensable (spoilers)

    Editors Picks

    Hong Kong’s CLP Power leaps into Australian market with US$339 million Kangaroo bond

    July 15, 2024

    NuVista Energy (TSE:NVA) Reaches New 1-Year High Following Analyst Upgrade

    July 14, 2024

    Agricultural sector teetering on the brink, warn stakeholders – Newspaper

    June 6, 2025

    Transforming India into an Organic, Natural, and Profitable Agricultural Hub

    March 11, 2025
    What's Hot

    AUSTRAC prioritises digital currency for regulation in FY26 — Capital Brief

    July 16, 2025

    deux résidents des Blés d’or décrochent une médaille

    June 10, 2025

    L’intégrale de BFM Bourse du jeudi 3 juillet

    July 3, 2025
    Our Picks

    Avec Saxo Bank, J. Safra Sarasin jouira d’un niveau de technologie dont «très peu disposent»

    March 10, 2025

    Zaggle acquires fintech startup Rio.Money for Rs 22 Cr

    July 29, 2025

    New Hampshire Senate halts cryptocurrency deregulation bill

    May 17, 2025
    Weekly Top

    Twisted Metal’s Mike Mitchell Talks Season 2, Stunts in the Wasteland, and More

    August 22, 2025

    Iconic Fashion Designer Comes Out of Retirement for ‘Emotional’ Occasion

    August 22, 2025

    CM launches initiative to boost fintech, insurtech education | Bhubaneswar News

    August 22, 2025
    Editor's Pick

    Foundation Source Buys Fintech Firm Powering Charityvest

    October 18, 2024

    10 Safe Dividend Stocks with Yields Above 5%

    April 20, 2025

    Mutual respect brings Japan’s teenagers gold, silver in women’s skateboarding

    July 30, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.