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$4.2-billion urban centre for Portland

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  • $4.2-billion urban centre for Portland

    PORTLAND is set for a major commercial transformation with the planned development of a $4.2-billion urban centre in Boundbrook, Port Antonio.

    According to Factories Corporation of Jamaica (FCJ) Chairman Lyttleton Shirley, the Boundbrook Urban Centre will serve as the anchor for a broader redevelopment strategy for the town on Jamaica’s north-eastern coast regarded as the birthplace of the island’s tourism industry.

    “This development is about creating job opportunities, about building space, and about the fusion between public and private sectors in one campus to enhance efficiency. It’s a demonstration of how both sectors can co-exist effectively,” Shirley said at the April 3 contract-signing ceremony at FCJ headquarters in New Kingston.

    A total of $2.8 billion has been earmarked for construction of the development which will cover 6.68 acres and include 148,000 square feet of commercial space, with 6,500 square feet dedicated to business process outsourcing operations.

    It is expected to create hundreds of jobs and boost Port Antonio’s tourism and economic infrastructure from government offices and private sector businesses that will be housed there, serving as a hub for commerce, entertainment, and essential services.

    Despite no formal advertising, over 127 per cent of the available space has already been committed, signalling strong demand from prospective tenants.

    The Boundbrook Urban Centre is expected to mirror the approach of the Morant Bay Urban Centre, which is in its final stages of completion and ready for phased handover. The Portland project is currently in phase one of a two-phase development. Phase two will be located on adjacent railway lands facing the sea, with construction anticipated to begin shortly.

    The development is being spearheaded by FCJ in collaboration with equity partners Barita Investments Limited and National Commercial Bank Capital Markets Limited. The construction is being carried out by China Harbour Engineering Company and is projected to take approximately 24 months.

    “This is an excellent example of the good that can be done when the public sector finds a way to collaborate effectively with the private sector,” said Barita Investments CEO Ramon Small-Ferguson.

    He described the project as a milestone transaction for both the parish and the wider Jamaican economy and noted that the project could serve as a blueprint for similar developments across the island.

    “Jamaica is in a different phase. Projects like these were just a dream several years ago. Now, they’re becoming commonplace,” he added.

    https://www.jamaicaobserver.com/2025...ntre-portland/
    Hey .. look at the bright side .... at least you're not a Liverpool fan! - Lazie 2/24/10 Paul Marin -19 is one thing, 20 is a whole other matter. It gets even worse if they win the UCL. *groan*. 05/18/2011.MU fans naah cough, but all a unuh a vomit?-Lazie 1/11/2015

  • #2
    PM optimistic about Jamaica’s role in global supply chain

    MONTEGO BAY, St James — Prime Minister Dr Andrew Holness has expressed optimism that Jamaica will be well-positioned to play a key role in the global supply chain once ongoing tariff disputes subside.

    Speaking Thursday on the country’s strategic plans for development, Holness emphasised Jamaica’s efforts to leverage its human resources and geographic advantages to support international trade.

    “In this world of [what] I want to describe as free and fair trade, it is my hope that after the tariff wars have settled down we can then have a world of free and fair trade; we would want to position Jamaica as a strategic location to supply the global supply chain. That’s where we are positioning ourselves, that’s the human resource we are creating, and that is the development of the natural geographic assets that we have to support this general trust,” Holness said.

    Speaking at Thursday’s session of the Outsource2Jamaica Conference at the Montego Bay Convention Centre, Holness said that for years Jamaica’s potential to become the logistics hub of the Americas has been widely discussed, but now the country is moving beyond vision and is actively turning that goal into reality.

    The prime minister added that an additional US$50 million will be invested in 2025 to further boost the port’s equipment and capacity.

    “This port expansion is a stepping stone towards logistics-led infrastructure and industrial development in the region. It is about positioning Jamaica as a regional hub for warehousing, distribution, e-commerce, e-commerce fulfilment, contract manufacturing and supply chains analytics,” he said.

    Additionally, Holness said apart from the port, efforts are underway to drive transformational growth through the development of the Caymanas Special Economic Zone — a 700-acre site strategically located near the Port of Kingston and major highways.

    https://www.jamaicaobserver.com/2025...-supply-chain/
    Hey .. look at the bright side .... at least you're not a Liverpool fan! - Lazie 2/24/10 Paul Marin -19 is one thing, 20 is a whole other matter. It gets even worse if they win the UCL. *groan*. 05/18/2011.MU fans naah cough, but all a unuh a vomit?-Lazie 1/11/2015

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    • #3
      Hi Jangle, if the Boundbrook centre develop and the they are looking into devlop the harbor for cruise tourism, then Portland gone to the front. Good work by the government. Right now one and two ships coming into Port Antonio, with a new cruise ship port and Boundbrook we will have to try hold onto our land. Now with China looking to bypass the US port we stand a good chance of developing our ports.
      • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

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