150 Jobs for First Phase of Kingston Wharves Logistics Project
By: May 23, 2014 ,The Key Point:
The Facts
- Construction of the warehouse is expected to commence within the next three months and is estimated to be completed in twelve months.
- Minister Hylton added that in this initial construction phase of the project, 150 new jobs will be created.
The Full Story
Kingston Wharves Limited, in its first phase of its port infrastructure renewal programme, will invest $2.2 billion (US$20 million) in the construction of a state-of-the-art logistics facility in Newport West.
Construction of the warehouse is expected to commence within the next three months and is estimated to be completed in twelve months. The entire project is expected to be completed in five years.
This was disclosed by Minister of Industry, Investment and Commerce, Hon. Anthony Hylton in his contribution to the 2014/15 Sectoral Debate in the House of Representatives on Wednesday, May 21.
“This will involve the acquisition and refurbishing of an existing structure and the removal of existing structures on the Port, to facilitate increased container handling and storage capability,” he said.
The Minister also noted that the warehouse will have an initial footprint of 150,000 square feet, and will be of modular design so that additional space can be added as the logistics business grows.
Mr. Hylton added that in this initial construction phase of the project, 150 new jobs will be created.
In the meantime, he said the granting of Free Zone status to Kingston Wharves, is expected to significantly improve the company’s ability to develop its logistics capability, and to take advantage of the opportunities that will arise from the increased flow of cargo through the Caribbean, after the completion of the expanded Panama Canal.
“As the necessary approvals are obtained, other phases of the company’s infrastructure renewal programme will be announced,” he said.