A powerful private-sector lobby has thrown its weight behind the - TopicsExpress

A powerful private-sector lobby has thrown its weight behind the joint public-private oversight Energy Monitoring Committee (EMC) in cautioning the Government not to rush into issuing a licence to Energy World International (EWI). The EMC expressed concern over what it says was the lack of adequate information provided by the EWI to support a licence being granted to it for the construction of a 360-megawatt electricity project. The private-sector groups supporting the EMCs position include the Jamaica Chamber of Commerce (JCC), Jamaica Exporters Association (JEA), Jamaica Employers Federation (JEF), Jamaica Manufacturers Association (JMA), The MSME Alliance, and the Private Sector Organisation of Jamaica (PSOJ). The lack of concrete information provided by EWI in the areas of financial capability, fuel-supply availability and fuel export permission was also highlighted by the private-sector groups. According to the six-member private-sector lobby, the information required would be an absolute minimum for a critical power project of this size to be granted a licence. We, the listed private-sector organisations, argue that this is a major contract which has a critical role in the growth strategy of our country and, as such, we encourage the OUR and the Government not to put its success at risk because of the haste to issue a licence, but instead insist on getting the information with specific target dates that allows for proper due diligence to be completed in a timely manner. A powerful private-sector lobby has thrown its weight behind the joint public-private oversight Energy Monitoring Committee (EMC) in cautioning the Government not to rush into issuing a licence to Energy World International (EWI). The EMC expressed concern over what it says was the lack of adequate information provided by the EWI to support a licence being granted to it for the construction of a 360-megawatt electricity project. The private-sector groups supporting the EMCs position include the Jamaica Chamber of Commerce (JCC), Jamaica Exporters Association (JEA), Jamaica Employers Federation (JEF), Jamaica Manufacturers Association (JMA), The MSME Alliance, and the Private Sector Organisation of Jamaica (PSOJ). The lack of concrete information provided by EWI in the areas of financial capability, fuel-supply availability and fuel export permission was also highlighted by the private-sector groups. According to the six-member private-sector lobby, the information required would be an absolute minimum for a critical power project of this size to be granted a licence. We, the listed private-sector organisations, argue that this is a major contract which has a critical role in the growth strategy of our country and, as such, we encourage the OUR and the Government not to put its success at risk because of the haste to issue a licence, but instead insist on getting the information with specific target dates that allows for proper due diligence to be completed in a timely manner.

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