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Press Releases

News from Jamaica and the Caribbean

Hope and fun for Children in vulnerable situations

Children aged 3 to 17 years old will continue to benefit from the Hope Zoo’s innovative educational initiative because of a grant from the PetroCaribe Development Fund. The initiative provides a therapeutic fun day for children from poor communities, children[...]

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Engineer Training Centre at Caribbean Maritime Institute

PetroCaribe Provides $402 Million for Engineers Training Centre at Caribbean Maritime Institute The Caribbean Maritime Institute (CMI) has received $402 million in grant funding from the PetroCaribe Development Fund for the establishment of a Festo Authorised and Certified Training (FACT)[...]

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J$2.0 Billion Disbursed to JEEP/JSIF Through PetroCaribe Development Fund

Since the Cabinet of Jamaica authorised the PetroCaribe Development Fund (PDF) in February 2012 to give support to the Jamaica Emergency Employment Programme (JEEP), Two Billion Jamaican dollars has already been disbursed in financing its initiatives. The Jamaica Emergency Employment[...]

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Rise Life Management Services Solar Energy Project

RISE Life Management Services Solar Energy Project benefited from the approval of a grant from the Fund valued at J$2.5 million during FY2013/14. With the Fund’s support, the organization launched an Energy Conservation Initiative for their operations through the installation[...]

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Caribbean Maritime Institute

During the FY2013/14, a J$85 million grant was approved for the Caribbean Maritime Institute for the establishment of an Advanced Skills Training and Innovation Centre to support vocational training for maritime facilities and the planned build-out of the port facilities[...]

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Hope Zoo Education Project

Under a grant of J$20 million from the PetroCaribe Development Fund, 10,000 students benefitted from non-traditional teaching methods aimed at improving their learning patterns from an initiative undertaken at the Hope Zoo in St. Andrew. The engagement, an education project[...]

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The Simon Bolivar Cultural Centre

The construction of the Simon Bolívar Cultural Centre in Downtown Kingston is intended to strengthen the cross-cultural links between the Caribbean and Latin America and aids in the re-establishment of Downtown Kingston (Parade) as the Cultural District of the city.[...]

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Munro College

In 1996, a 225KW wind turbine was installed at the Munro Wind Park, St. Elizabeth. The school benefited from a grant to rehabilitate the wind turbine through the Wigton Wind Farm Limited – Wind Energy Awareness Programme. The wind farm[...]

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Jamaica 50 Scholarship and Merit Programme

The Fund contributed to the Jamaica 50 legacy programme by providing a J$209 million grant to establish a scholarship programme aimed at supporting the education of awardees at the secondary and tertiary levels. Recipients had to demonstrate that they are[...]

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Youth Upliftment Through Employment (Y.U.T.E.)

An important partnership is with the Private Sector Organization of Jamaica for the implementation of the Y.U.T.E. Programme. Y.U.T.E. sought to increase access to employment through skills training and certification and career preparedness for unattached young people living in inner-city[...]

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