September 2, 2010
Investment company lends US$2 million to Jamaica poultry industry
On August 31, 2010, the Inter-American Investment Corporation (IIC) approved a loan of up to US$2 million to Jamaica Broilers Group Limited (JBGL).
According to David Levy, IIC investment officer in charge of the operation, "With this operation the IIC is not only supporting a key sector in Jamaica's economy but also helping a leading group such as Jamaica Broilers to further improve its efficiency and productivity, which is important for creating jobs and generating foreign exchange."
This operation has furthered IIC's contribution to the Caribbean's poultry development. This is the IIC's second operation with Jamaica Broilers.
