If you have ever traveled from Savanna la mar to Montego Bay, then you would know the Citrus Plant in Montpelier. A proposal for the divestment of lands at Montpelier, St. James and Shettlewood, Hanover owned by the Montpelier Citrus Company Limited (MCCL) has been approved by Cabinet. The MCCL is owned by the Development Bank of Jamaica (DBJ) and has accumulated losses of $358 million over the past five years.

The land at Montpelier will be divested to the Coconut Industry Board for $50 Million and the land at Shettlewood to Ramble Enterprises Limited for $52.46 Million. Both companies made the best offers following public advertisements for sale of the lands.

MCCL was formed after DBJ acquired the assets of the Jamaica Orange Company Limited from the National Commercial Bank in 1999. The 2,877 acres for sale in the two locations are primarily in orange orchards.