KINGSTON – The Government has signed a USD12-million loan agreement with the World Bank Group’s International Bank for Reconstruction and Development for the Kingston Waterfront Improvement (KiWI) Project. The signing ceremony took place on Friday at the Ministry of Finance and the Public Service in Kingston. The KiWI Project involves the design and implementation of a modern park along the waterfront over a five-year period. The park is intended to aesthetically enhance the downtown space and revitalise business interest in the area, while fostering community development. Speaking during the signing ceremony, Finance Minister, Dr Nigel Clarke, disclosed that the project’s overall cost is USD 40 million, with the Government providing joint financing. (Jamaica-gleaner)