Advertisement

Government urged to reduce duty on water efficient technologies

Earl Jarrett, Chief Executive Officer of JN Group, has suggested that the government look at implementing a policy that reduces duties on imported water efficient technologies - stating that this will encourage demand for such facilities.

He says the likely results will be reduced water demand and conservation which will strengthen the country’s resilience to the effects of climate change.
 
Jarrett made the suggestion on Friday while addressing a meeting  to sign a loan agreement with the Inter-American Development Bank (IDB).
 
This will result in the multilateral institution channelling US$5.75 million in loan funding, through JN Bank, to finance housing developers to integrate water efficiency technologies in new projects.


comments powered by Disqus
More Stories
Most Popular
US proposes remittance tax, Jamaica to be...
Man dead, student injured in St. Elizabeth...
Coca-Cola to cut 1,200 jobs as sales drops