AGP Executive Report
Last update: 2 hours agoRenewable Energy: Caribbean Solar Life opened a US$2-million distribution centre in St Catherine, expanding access to solar equipment and technical support as Jamaica pursues energy growth. Mining and Industry: US building-materials giant Martin Marietta now indirectly controls Chemical Lime Company’s Jamaican limestone, marble and bauxite interests after completing its US$12.9-billion acquisition of Lhoist North America. Agriculture: Mitchell Town is being positioned for the Caribbean’s largest aquaculture project, with plans to expand freshwater fish production; separately, the Agro-Investment Corporation is seeking US$1 billion in diaspora investment over a decade for farming, processing, storage and distribution. Tourism: Bahia Principe plans to reopen its renovated 647-room Runaway Bay resort on December 1, restoring about 1,000 jobs. Royalton says 2,200 workers have returned after its Jamaican resorts reopened, with 98 per cent of staff retained. Regional Trade: Ghana is pressing to extend the AfCFTA framework to Caribbean countries, aiming to boost trade, investment and job creation.
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