Prime Minister, the Most Hon. Andrew Holness (left), greets Minister of State in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. Floyd Green, during the ceremony to break ground for a US$1-billion multi-resort development – Sugar Cane Bay Jamaica – in Llandovery, St. Ann, on February 28.
Minister of State in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. Floyd Green, says the proposed US$1-billion dollar Sugar Cane Bay Jamaica multi-resort development in Llandovery, St. Ann, presents significant investment opportunities for farmers in the parish and the wider country.
Speaking at the ceremony to break ground on February 28, Mr. Green indicated that the Ministry, through its agro business council, aims to bring together a team from the Rural Agricultural Development Authority (RADA), Tourism Product Development Company (TPDCo), Tourism Enhancement Fund (TEF), and other partners to “tie this development into our growth in agriculture”.
“We want to know what the main products that can be supplied are, and we want to put our farmers in production now, as you do your development, so that when you are ready to go, our farmers are ready to supply,” he stated.
This, Mr. Green pointed out, will “signal for us in the Ministry that agriculture will be at the centre at what you do, and help us to work with our farmers to ensure that we can get the products to serve Sugar Cane Bay from our local farmers”.
The project is being executed by Karisma Hotels and Resorts on a 226-acre property that will add approximately 4,700 new rooms to the tourism sector.
The landmark investment will create 10,000 new permanent jobs, attract approximately 375,000 visitors annually to Jamaica, and generate $850 million yearly to the economy.
The resort also represents the first major investment under the country’s ‘Shovel Ready’ Programme.
“Imagine what this can do for the farmers of St. Ann and Jamaica. This ground breaking is an important day for business, investment and the local economy,” Mr. Green pointed out.
He lauded Jamaica Promotions Corporation (JAMPRO) for its integral role in driving the investment, pointing out that its Shovel Ready initiative, executed in collaboration with the TEF, has set the stage for other investors to “fulfil their dreams”.
“So the signal is, Jamaica continues to be open for investment,” the State Minister contended.
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The Ministry of Industry, Investment and Commerce is described as Jamaica's "Business Ministry." It's mandate is to lead the development of policies that will create growth and jobs, while achieving social inclusion and consumer protection. The Ministry, working its stakeholders is primarily responsible for business policy development, monitoring and evaluation, while giving direction and oversight to a cluster of implementing departments and agencies.
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