Sugar Company of Jamaica (SCJ) Holdings Limited will, this year, collaborate with the Development Bank of Jamaica (DBJ) to divest an additional eight parcels of land under the Greater Bernard Lodge Development Master Plan.
According to the 2021/22 Public Bodies Estimates of Revenue and Expenditure, SCJ Holdings will continue to manage the relocation of farmers/investors and provide assistance to those who have been displaced.
SCJ Holdings will also seek to manage and facilitate access to lands to support productive activities, including agro-processing; new industries, such as cannabis, bamboo and castor beans; and youth and women in agriculture.
The company projects a net profit of $355.6 million from the engagements, some $228.74 million more than the out-turn for 2019/2020.
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