CIF 2023 - Investment Catalogue

AGRIBUSINESS & AGRICULTURAL TECHNOLOGY

JAMAICA

NAME OF PROJECT: Mango Orchard (Spring Plain Mango Agro-Park)

• Business planning and business counselling services Technical support • Local and international food safety certification • Access to the approved hot-water treatment facility for the treatment of mangoes for exportation. Spring Plain Mango Agro-Park is aligned to the Sustainable Development Goal for responsible consumptionandproduction (SDG12), which also forms part of the company’s sustainability strategy.

Consists of 1,000 acres where 200 acres is allocated to infrastructures. There is the production of East Indian and St. JulianMangoes. The targeted exportmarket is theUnited States and Canada. In addition, an off-site hot water treatment facility will be erected. A 50-acre plot is cultivated, and the investor stands to generate US$268,000 annually.

Project Opportunity • Perfect climate conditions

MODE OF INVESTMENT: • Equity and Debt Financing INVESTMENT AMOUNT (USD) • $95,000,000

• Phytosanitary certificate from the Plant and Quarantine Division of the Ministry of Agriculture, Fisheries and Mining required for mango export from Jamaica to Canada and Europe. • Intercropping of pumpkin, hot pepper, sweet potato, onion, and other vegetables. • Ease of transport via the May Pen to Williamsfield leg of Highway 2000 • Assistance with market linkage to the United States, Canada, and United Kingdom through the state investment marketing agency, JAMPRO

Contact Person: Mr. Norman Naar E: nnaar@dobusinessjamaica.com

30

Made with FlippingBook - Online magazine maker