Se­prod gives $30 mil­lion to CASE

Jamaica Gleaner - - CORPORATE HANDS -

From left: Re­nee Bar­nett, Stocks and Se­cu­ri­ties Lim­ited Foun­da­tion’s co-or­di­na­tor; Ed­u­ca­tion and In­for­ma­tion Min­is­ter Ruel Reid and Ju­dine John­son, co­or­di­na­tor of the foun­da­tion, pose for the cam­era at the an­nounce­ment of the pro­gramme. Stocks and Se­cu­ri­ties Lim­ited Foun­da­tion has im­ple­ments a math en­rich­ment pro­gramme en­dorsed by the Min­istry of Ed­u­ca­tion. Me­lanie Subratie, chair­man of the Se­prod Foun­da­tion, signs the MOU on be­half of the com­pany with Min­is­ter of In­dus­try, Com­merce, Agri­cul­ture and Fish­eries Karl Sa­muda. MIN­IS­TER OF In­dus­try, Com­merce, Agri­cul­ture and Fish­eries, Karl Sa­muda has ap­plauded Se­prod for its com­mit­ment to the re­de­vel­op­ment of the dairy in­dus­try with the sign­ing of a five-year mem­o­ran­dum of un­der­stand­ing (MOU) with the Col­lege of Agri­cul­ture, Sci­ence and Ed­u­ca­tion (CASE) val­ued at $30m. In ad­di­tion, the Se­prod Foun­da­tion will be award­ing a five-year tu­ition and board­ing schol­ar­ship to a stu­dent.

Speak­ing at the sign­ing, Sa­muda said milk pro­duc­tion in the dairy in­dus­try has de­clined from a peak of over 30 mil­lion litres in the ’90s to a cur­rent pro­duc­tion of some 12 mil­lion litres. He added that the Gov­ern­ment would do ev­ery­thing to en­sure that the dairy in­dus­try is put back on a firm foot­ing, even as he urged CASE to take a more prac­ti­cal ap­proach to its dairy pro­gramme.

CEO of Se­prod Richard Pan­do­hie said the sign­ing rep­re­sented Se­prod’s com­mit­ment to na­tional devel­op­ment, not­ing that the eco­nomic pros­per­ity of many ad­vanced coun­tries was built on agri­cul­ture.


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