18 October 2015 - Business View Caribbean
Opening
Lines
Britain’s PM announces £300 million
Fund for Caribbean Infrastructure
New fund will invest in roads, bridges
and ports to help drive economic growth
and development across the region.
The government of the United Kingdom is to invest
£300 million in vital new infrastructure in the Carib-
bean such as roads, bridges and ports to help drive
economic growth and development across the re-
gion.
The Prime Minister announced the new fund in Ja-
maica on the first leg of a 2-day visit focused on rein-
vigorating the relationship between the UK and the
Caribbean countries. It will make the UK one of the
largest bilateral donors to the region.
Delivered in collaboration with the Caribbean Devel-
opment Bank, the infrastructure fund will use money
from the UK’s existing aid budget to provide grants
over the next few years for a range of projects that
will help boost growth and trade across the region,
creating jobs and opening up new market opportuni-
ties for British businesses.
