Expected Development Impact
- Supporting employment generation: JCM’s portfolio companies will contribute directly to the market development by creating quality employment through about 2,500 fulltime equivalent (“FTE”) temporary construction jobs. As the Company builds its projects portfolio, JCM could enable up to 8000 FTEs jobs;
- Economic value addition: Once reaching 11 operational projects, JCM Power is expected to contribute around US$2.25M per year to domestic GDPs through profits, taxes and salary payments. In addition, we consider the indirect effects of adding energy capacity to the economy: additional capacity is expected to generate improvements in electricity affordability and/or reduced electricity outages, both of which can contribute to higher productivity of private sector firms;
- At that time, JCM’s portfolio companies are expected to enable productivity related positive impacts in other sectors (such as transport, manufacturing, agriculture, and services) of US$56M in annual economic value-added.