Proposed US$1bn public spending to focus on roads, water, urban renewal

- Friday, April 29, 2011

Proposed US$1bn public spending to focus on roads, water, urban renewal

The Jamaican government is planning capital expenditure of J$89bn (US$1.04bn) in the 2011-12 fiscal year, which will be spent mainly on roads, water, housing infrastructure and urban renewal, according to finance and public service minister (MOF) Audley Shaw.

"When this expenditure is combined with the J$60bn in the central government's non-debt capital expenditure, it totals a whopping J$149bn of capital expenditure - the largest in the history of Jamaica," Shaw said during a presentation to open the parliamentary budget debate.

Projects include the national water commission's (NWC) revised three-year plan to realign its operations by expanding water service coverage, improving customer service, increasing operational efficiency and reducing costs.

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NWC will spend J$10.3bn on the plan, which will kick off this year or in 2012, according to Shaw.

A special allocation of J$500mn has also been secured for small rural water supply projects.