AGP Executive Report
Last update: 3 hours agoWestern Infrastructure: Government is moving to ease Montego Bay–Negril gridlock after road and water works delayed workers, tourists and businesses. The works ministry apologised and promised better traffic management as more than $4.1 billion in road improvements is planned. Fisheries: The authority says a boat-and-engine contract for hurricane-hit fishers is worth $66.46 million—not the $6.65 billion shown in a procurement notice. The 20 boats and engines are to be handed over before Christmas. Rum Industry: The Fair Trading Commission will consult producers on the cost of ageing rum in Jamaica under revised rules for the Jamaica Rum Geographical Indication, weighing local jobs and authenticity against higher costs and export risks. Investment and Logistics: Prime Minister Andrew Holness is open to a legal framework for REITs, but says any tax incentives must deliver offsetting revenue. He also called for faster project decisions as Kingston Properties opened a new commercial complex to support logistics and trade. Agriculture and Energy: The Agro-Investment Corporation says its deal book is drawing investor interest and will expand its list of farm opportunities. TW Solar is offering technical training to build local installer capacity as demand for solar and backup power grows.
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