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 recent announcement by Prime Minister, the Most Hon. Andrew Holness, of planned infrastructural development for Montego Bay, St. James, is being greeted by stakeholders in the tourism capital as “a massive step” in the right direction. From taxi operators to restaurants, duty-free and villa owners, the consensus is that Montego Bay badly needs the infrastructural upgrade, notably the bypass...

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...

The Real Estate Board and the Commission of Strata Corporations are requesting that its customers make all payments online, considering the coronavirus pandemic and the current government-issued ‘Work from Home’ Order. “Online payments can be made by bank transfer, direct deposit or online bill payment. However, the Board is recommending the use of its Client Portal for the payment of...

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...