The Jamaica Business Development Corporation and the Development Bank of Jamaica have signed a Memorandum of Understanding valued at $15.4 million to implement three projects.

The projects are aimed at fostering sustainable growth and development of the Micro, Small and Medium Enterprises (MSME) sector.

Minister of Industry, Investment and Commerce, Anthony Hylton says the projects seek to strengthen the capacity of the MSME sector to contribute to economic growth.

The projects include an energy efficiency initiative which the minister says touches on a most critical area of economic activity

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