CARIF 2027 Market News

Jamaica approves irrigation expansion measures supporting US$163 million project

October 29, 2026

Jamaica’s Senate approved two resolutions to expand irrigation access in the Pedro Plains and Braco agricultural areas. The measures support ongoing irrigation infrastructure development, including the approximately US$163 million Pedro Plains expansion project, which is expected to benefit at least 6,000 farmers and cover 4,103 hectares. The expanded Braco irrigation area will encompass approximately 5,000 […]

Jamaica advances US$56 million coastal protection project to safeguard Kingston airport

October 29, 2026

Jamaica is advancing a US$56 million coastal protection project covering approximately 14.2 km of the Palisadoes Peninsula and Port Royal corridor. Proposed works include strengthening coastal barriers, restoring dunes and mangroves, improving vulnerable road sections and installing coastal monitoring systems. The initiative aims to protect Norman Manley International Airport, critical transportation infrastructure and surrounding communities […]

Trinidad and Tobago allocates US$601 million to public utilities in 2027 Budget

October 29, 2026

Trinidad and Tobago’s 2027 Budget allocates approximately US$601 million to public utilities, prioritizing improvements to water infrastructure, electricity reliability, and essential services. The government plans to advance three proposed desalination plants in Mayaro, Morne Diablo and Tobago to strengthen water security and address persistent supply challenges. These efforts build on recent investments in pipeline upgrades, […]

Jamaica’s NWC seeks 51% water tariff increase to fund investment plan

October 29, 2026

Jamaica’s National Water Commission (NWC) has applied for a 51% tariff increase to help cover rising operating costs and finance priority investments. The utility cited growing expenses, including energy costs, and warned that its investment plan may need to be revised if the increase is not approved. The proposal is subject to review and public […]