China to Finance Jamaican Rail Overhaul
KINGSTON, Jamaica — China has agreed to finance much of a $354 million project to overhaul Jamaican railroads, officials said. Jamaica is building 18 new stations as part of what is expected to be a three-year overhaul. Once completed, railroads will connect many of the island’s major cities, including Montego Bay and Kingston. As part of the agreement, China will loan Jamaica 85 percent of the $354 million needed for the project. “The passenger and freight rail service is intended to significantly impact on the rising fuel cost, with the Government focused on getting much of the island’s freight transportation