SCJ Holdings Limited (SCJH) was given responsibility in July 2009 to complete the divestment of the sugar assets of the Government of Jamaica (GOJ). An agreement dated August 15, 2011, finalized the divestment of all six government sugar businesses. Having completed the divestment of the sugar companies, the SCJH is now responsible for post-divestment obligations which involve fulfilling the contractual obligations of the GOJ as set out in various sales and purchase agreements. Other major responsibilities include the management of lands in several sugar-dependent communities, relocation of displaced sugar workers, data archiving, social welfare services, and monitoring of new investors in the implementation of business plans.
For the 2026/27 financial year, SCJH will continue activities geared towards the transformation of former and existing Government-owned sugar lands into profitable and sustainable ventures. Key priorities include strengthening land management and lease administration to ensure all leased lands are actively used for productive purposes; ensuring the development of resilient Agricultural Production Zones, including the Greater Bernard Lodge Development Master Plan Agricultural Zone to promote climate-smart practices, food security, and employment; and engendering a sustainable land divestment strategy that targets strong investment partnerships and expands economic opportunities in former sugar-dependent areas.
SCJH projects a net loss of $9.74 million for 2026/27, compared to a net loss of $111.83 million in the prior financial year.
