Page 58 - JSIF Magazine Approved-v2-web4

JSIF Invested Millions In Educational Development Across JSIF had also invested millions in 26 projects in the non-
Jamaica. governmental sector in both rural and urban areas over the last
Three contracts were signed for improvements to be done at three years, since its inception in 1996.
the Evergreen, Mile Gully and Free Town Basic schools. The
money was provided by JSIF under its Social Infrastructure
Programme with funds from the World Bank. JSIF also signed
a contract for the rehabilitation and expansion of two schools
in western Jamaica. One contract, worth $1 million, was for
the renovation of the Mount Peto Basic School in Hanover and
the other, valued at $1 million, was for the expansion of the
Galloway Basic School in Westmoreland.

In 1999, JSIF had approved 157 projects, valued at millions.
Thirty-five of the approved projects were education ventures at
a cost of $1 billion. Then Managing Director of JSIF, Scarlette
Gillings, said the number of education projects being carried
out by the Fund was in keeping with the priority that the
Government had placed on education.

1999

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