Starting this Friday, March 15, factory workers at the Monymusk Sugar Estate in Clarendon will receive government assistance to support them in the wake of the current closure of the factory.
The payment being made is in keeping with a commitment made to the workers in February by Agriculture Minister Audley Shaw at a stakeholder meeting held at the estate in Lionel Town on February 15.
The Ministry says the payment is part of several initiatives to address the possible socio-economic impact on factory workers and their families.
A total of $100 million has been allocated to assist the factory workers and their families.
At the top of the assistance package is a cash grant programme of approximately $30 million to be provided directly to some 260 displaced workers who were employed to the factory during the last crop season in 2017-2018.
The average cash grant, estimated at $100,000 per person, in addition to providing wages, will include assistance towards meeting national housing trust payments and other such obligations.
The one-off grant programme, Minister Shaw said, was being provided even as the Government was working assiduously to select the best investor to operate the factory.
He noted that the Ministry has received proposals from five interested investors but wanted to select the best investment model, based on product diversification and reliable and sustainable operations and production.