Essex Valley Agricultural Development Project (CDB-2017-EVADP)

Countries
  • Jamaica
Geographic location where the impacts of the investment may be experienced.
Specific Location
Essex Valley (Saint Elizabeth)
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Caribbean Development Bank (CDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Mar 1, 2017
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Jamaica
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Energy
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Grant Amount (USD)
$ 46.80 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 43.67 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ CDB website

Updated in EWS Jun 7, 2023


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the CDB, the project will enhance the production and productivity of farmers by providing improved irrigation systems and climate smart agricultural production and marketing facilities and systems for farmers, operating on approximately 700 hectares of arable land at Essex Valley in St. Elizabeth.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated on the companies' websites:

Wigton’s vision is to be a catalyst for increased usage of wind power and other renewable energies for electricity generation. In fulfillment of this goal, the company actively supports the growth of Jamaica’s renewable energy industry by developing human capital.

Deryck A. Gibson Ltd., began trading in 1956. At the time, the company specialized in the supply of steel, building materials, construction equipment and machinery to fill the needs of the economic boom taking place in Jamaica during the 60s and early 70s.
The mission of the company is to power development with innovation by offering sustainable world class products, energy solutions and services to every industry with a dedicated team of experts.

 

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Deryck A. Gibson Ltd. Contractor Energy
- - - - Wigton Windfarm Limited Contractor Energy

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

CDB Team Leader:

Andrew Dupigny - Head, Infrastructure Partnerships, Office of the Vice-President (Operations)
Email: dupigna@caribank.org

Implementing Agency - National Irrigation Commission:

Petronia Colley - Project Manager
Email: PetroniaC@nicjamaica.com
Website: https://www.nicjamaica.com/
Address:
191 Old Hope Road, Kingston 6
Phone: +876 977-4022/6727 / +876 618-0172
Fax: +876 927-2696

Contractors -

Deryck A. Gibson Ltd.:

Address: 80 Marcus Garvey Drive, Kingston 11
Phone: +1 876.926.2250 / +1 876.618.0091-2
Email: customerservice@dagl.com.jm
Website: https://www.deryckagibson.com/

Wigton Windfarm Limited:

Phone: +1 876-960-0568
Email: wigton.info@wwfja.com
Address: 36 Trafalgar Road, Kingston 10, St. Andrew
Website: https://wwfja.com/

ACCOUNTABILITY MECHANISM OF THE CDB

Complaints about suspected fraud and/or corruption may be submitted to the Office of Integrity, Compliance and Accountability. Allegations may be made by a variety of sources including staff, consultants, contractors, and other persons who may consider themselves participants in, witness to or victims of wrongdoing.

To make a complaint, access the following webpage: https://secure.ethicspoint.com/domain/media/en/gui/55678/index.html.

How it works

How it works