The government
is making $140 million in loans and technical support available to resuscitate
the local dairy sector.
The aim is to increase milk production to 55 million litres by the year 2018.
Last yea, 14 million tonnes of milk was produced.
According to Richard Miller, Production Specialist at the Jamaica Dairy Development Board, the re-vitalization of the sector is a critical element of the Government's policy of enhancing food security, livelihood protection and rural development.
Mr. Miller said loans up to a maximum of $1.5 million will be available for sole ownership farms and $2.5 million for incorporated businesses.
Loans will be administered by the Development Bank of Jamaica with the People's Co-operative Bank network being responsible for disbursement.
The aim is to increase milk production to 55 million litres by the year 2018.
Last yea, 14 million tonnes of milk was produced.
According to Richard Miller, Production Specialist at the Jamaica Dairy Development Board, the re-vitalization of the sector is a critical element of the Government's policy of enhancing food security, livelihood protection and rural development.
Mr. Miller said loans up to a maximum of $1.5 million will be available for sole ownership farms and $2.5 million for incorporated businesses.
Loans will be administered by the Development Bank of Jamaica with the People's Co-operative Bank network being responsible for disbursement.
All feeds
