Development Bank of Jamaica

The DBJ assisted the Jamaica Broilers Group (JBL) with a loan for the construction of an ethanol plant, an alternative energy project. The loan was channelled through National Commercial Bank Limited (NCB), Pan Caribbean Financial Services, and First Caribbean International Bank (FCIB).

The operation, which is projected to generate revenues ranging from US$139.7M to US$142.5M over a five-year period based on the variation in the pricing spread, has created 300 hundred jobs during construction of the plant.

Jamaica Broilers Group is the largest producer of poultry in the Caribbean and is listed on the Jamaica Stock Exchange (JSE).