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JAM | Nov 9, 2024

Barita Investment boosts Project Star with $10M contribution to support social transformation

/ Our Today

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From left: Chief Investment Officer of Cornerstone Jason Chambers, Founder and Chairman of Cornerstone and Deputy Chairman of Barita Paul Simpson, Co-Chair of Project Star Keith Duncan, Senior Vice President – Investment Banking at Barita Terise Kettle, and Chief Executive Officer – Barita, Ramon Small-Ferguson. Duncan was visiting the offices of Cornerstone where he was presented with a cheque valued at $10 million by the Cornerstone and Barita Executives. (Photo: Contribution)

Barita Investments Limited has made a substantial contribution of $10 million to Project Star, the social and economic transformation initiative spearheaded by the Private Sector Organisation of Jamaica (PSOJ) in collaboration with the Jamaica Constabulary Force (JCF). 

This latest donation adds to the $1 million that Barita had contributed previously, significantly bolstering the project’s mission to uplift and transform communities through targeted interventions.

Ramon Small-Ferguson, Chief Executive Officer of Barita, praised the initiative for its remarkable achievements thus far, noting its potential to positively impact underserved communities across Jamaica. “Project Star has already shown that it can drive real societal transformation through focused interventions in areas that need it the most,” Small-Ferguson said. He also lauded the PSOJ and JCF’s decision to partner with a broad coalition of stakeholders—including public and private entities, NGOs, multilateral organizations etc—as a critical step towards a brighter future for the country. “We all have a vested interest in ensuring the growth and sustainability of Jamaica’s economy,” he added.

Keith Duncan, co-chair of Project Star animatedly provided an update about the positive impact that Project Star has been making on various communities. In the discussion are (from left) Founder & Chairman of Cornerstone and Deputy Chairman of Barita Paul Simpson; Chief Investment Officer – Cornerstone, Jason Chambers; Terise Kettle, senior vice president – Investment Banking, Barita and Chief Executive Officer – Barita, Ramon Small-Ferguson. (Photo: Contribution)

Keith Duncan, Co-Chair of Project Star, expressed his gratitude for Barita’s ongoing support. In accepting the donation, Duncan highlighted the long-standing commitment of Barita and its parent company, Cornerstone, led by founder Paul Simpson, who has been a staunch supporter of the initiative since its inception. “Corporate Jamaica has been a key partner in Project Star. Cornerstone, with Paul at the helm, and its subsidiary, Barita Investments, understands the crucial role social transformation plays in Jamaica’s growth and sustainability,” Duncan said.

Now in its fourth year, Project Star aims to transform communities across Jamaica by addressing social and economic challenges through partnerships and strategic interventions. Barita’s continued support will help drive these efforts, contributing to the vision of a better and more prosperous Jamaica for all.

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