Jamaica’s mining and quarrying sector is buzzing with renewed energy! As the nation vigorously pursues ambitious housing, infrastructure, and other critical development projects in its post-Melissa recovery, the demand for quality building materials is skyrocketing.
In a significant move poised to provide a substantial boost, the sector is celebrating a major investment. Amrize, a publicly listed United States-based building materials and construction solutions company, has officially taken ownership of the long-established local firm, Jamaica Aggregates.
This isn’t just any investment; Amrize boasts extensive operations across North America and maintains crucial corporate links to the global construction giant, Holcim. This strategic acquisition signifies not only a vote of confidence in Jamaica’s economic future but also promises to bring international best practices, technological advancements, and a strengthened supply chain to the island’s essential aggregates market. Local players and stakeholders are optimistic that this will catalyze further growth and modernization within the sector, ultimately supporting Jamaica’s overarching development goals.
Source: Original Article
