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Carl Collen

BY CARL COLLEN

Jamaica aims to rebuild banana industry

Government allocated J$172m to breathe new life into the business

Jamaica aims to rebuild banana industry

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Jamaica's government had lent its backing to the country's banana industry by allocating J$172m in funding to help boost the business for the 2015/16 campaign.

The project, which will involve the planting of fruit, developing export opportunities, providing infrastructure support for farmers and the implementation of a new credit scheme, will run until 17 arch, Fox News Latino reported.

The funds will be added to those allocated to Jamaica by the European Union, a move which first began in September 2013 in a bid to help revitalise the industry.

Jamaica's government said the project would help "combat poverty and improve revenues in communities dependent on banana production".

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