The Urban Development Corporation (UDC) will advance work on a number of major projects in the new fiscal year. As contained in the 2021/22 Public Bodies Estimates of Revenue and Expenditure, the entity will continue to work with architects, consultants and other stakeholders to complete schematic designs of the new Parliament Building structure. “Consultancy and design works will also continue...

The Port Authority of Jamaica (PAJ) will continue work on ongoing priority developmental projects geared towards stimulating economic growth as well as enhancing service offerings at Jamaica’s ports and port facilities. This is contained in the 2021/22 Public Bodies Estimates of Revenue and Expenditure that was tabled in the House of Representatives by Finance and the Public Service Minister, Dr....

The Development Bank of Jamaica (DBJ) is to disburse $8.49 billion in loans, during the 2021/22 fiscal year. As stated in the Public Bodies Estimates of Revenue and Expenditure for the year ending March 2022, the sum is inclusive of US$16.91 million, up from US$10.25 million in 2020/21. The DBJ will also seek to provide financial and non-financial products to...

Deputy General Manager for Subsidiary Management and Revenue Generation at the Urban Development Corporation (UDC), Lisa Golding, says that commercial operators are expected to be in place at the Harmony Beach Park, in St. James, by April of this year. “The [commercial] spaces themselves are in fact ready. We went to market with 13 commercial spaces ranging from 220 square...

The Consumer Affairs Commission (CAC) has secured $12.1 million in refunds and compensation on behalf of aggrieved consumers who transacted business with product and service providers between April 1, 2020, and January 31, 2021. Speaking at a virtual forum on February 26, under the theme: #JamaicaConsumerTalks, Chairman of the CAC, Donovan White, revealed that the Commission handled 1,470 complaints during...

The Jamaica Business Development Corporation (JBDC) says the organisation is committed to playing its role in the capacity development of operators in the agricultural sector, to facilitate their increased access to the global market. Speaking at a Jamaica Information Service (JIS) ‘Think Tank’ recently, Chief Executive Officer, JBDC, Valerie Veira, said that the transitioning of informal operators in the Agricultural...

The Government has allotted $200 million to complete activities under the Jamaica Integrated Community Development Project, during the upcoming fiscal year. The project seeks to enhance access to basic urban infrastructure and services, and support increased community safety in selected economically vulnerable and socially volatile inner-city communities of Jamaica. The money has been provided in the 2021/22 Estimates of Expenditure,...