The Government and Carib Cement have signed a memorandum of understanding that’ll see the company convert tyres to energy.

Speaking at the signing today, Prime Minister Andrew Holness, says there’re an estimated $2 million tyres at the Riverton City dump alone.

According to Prime Minister Holness, the conversion of the tyres to energy will help to ensure pollution from the burning of tyres won’t affect the country.

Prime Minister Andrew Holness.

Mr. Holness says the Ministry of Economic Growth and Job Creation and the Local Government Ministry will share some of the cost connected to the effort.

Outgoing General Manager of Carib Cement, Peter Donkersloot, says the company aims to eliminate all tyres at Riverton City within five years.

Peter Donkersloot, outgoing General Manager of Carib Cement.

Both were speaking at the signing of a memorandum of understanding at the office of the Prime Minister this morning.