Radar > 244108

Government of Jamaica seeking investors for Monymusk Sugar Factory

Gobierno de Jamaica busca inversores para Monymusk Sugar Factory

Intel ID : 244108
Synopsis

The government of Jamaica is seeking investors to take over the Monymusk Sugar Factory, located in Clarendon, announced the Ministry of Industry, Commerce, Agriculture and Fisheries of Jamaica in a press release issued on 5 January 2017.

Specifically, the factory in question belonged to Jamaica-based Pan-Caribbean Sugar Company, who decided to cease the plant's operations in 2018. Jamaica Minister of Industry, Commerce, Agriculture and Fisheries Karl Samuda noted several investors submitted bids and added there are talks in a preliminary stage.
(content in spanish)

El gobierno de Jamaica está en la búsqueda de inversores para tomar el control de la fábrica de azúcar Monymusk Sugar Factory, ubicada en Clarendon, ha anunciado el Ministerio de Industria, Comercio, Agricultura y Pesca de la isla en una nota de prensa publicada el 5 de enero de 2017.

En concreto, la fábrica en cuestión pertenecía a la empresa jamaicana Pan-Caribbean Sugar Company, que había dedicido cesar las operaciones de la planta en 2018. El ministro de Industria, Comercio, Agricultura y Pesca Karl Samuda ha señalado que varios inversores han presentado ofertas y ha añadido que existen negociaciones en etapa preliminar.

Relevant Documents


Intel ID 244108
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Date
Country
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Industry / Food (Primary)
Primary Sector (TTRSC)
35.07.99 Other Manufacturing
35 Industrials / 35.07 Manufacturing

Country
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Other Services (Primary)
Primary Sector (TTRSC)
50.01.02 Government Administration
50 Public Services & NGOs / 50.01 Government & Public Administration

Country
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Industry / Food (Primary)
Country
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.