FCJ Acquires More Land to Develop Micro Business Park at Morant Bay Urban Centre

To accommodate small and medium-sized enterprises (SMEs), Factories Corporation of Jamaica (FCJ) has acquired 10 additional acres adjacent to the Urban Centre in Morant Bay, St. Thomas, to develop a 200,000 sq. ft. Micro Business Park.

Prime Minister, Dr. the Most Hon. Andrew Holness, who made the announcement in his 2025/26 Budget Debate presentation in the House of Representatives on March 20, said this will provide dedicated spaces for small and micro businesses.

Dr. Holness said the FCJ continues to drive major projects that enhance productivity and capacity for economic growth across the country.

“The FCJ is playing a critical role in modernising town centres across the island,” Dr. Holness said.

“The Morant Bay Urban Centre faced great skepticism from some, but now it is nearing completion,” he noted.

Dr. Holness said the demand for space in the area is such that an additional two buildings are being designed to house the National Insurance Fund and a medical service block.

Building on the success of Morant Bay, Prime Minister Holness said Boundbrook in Portland is out of the planning phase and construction will commence in 2025/2026.

“Plans are being advanced for similar urban centres for Negril, Naggo Head, Old Harbour, and Lucea,” he noted.

The Prime Minister said these projects will bring modern infrastructure, commercial opportunities, and essential services to communities across Jamaica.

“The intention is to modernise all our townships and urban commercial nodes. All our townships are overcrowded and congested and, unfortunately, aesthetically unappealing. First, we will decongest the towns by developing the bypasses, and this will also open up new lands which we will then commission master plans for, and we will then use public-private vehicles to execute development of the new urban centres, and we will then partner with existing property owners in the old town centres to develop a new plan for those old areas,” Dr. Holness explained.

“Having gone through the successful development for the Morant Bay Urban Centre, we are going to take that [as a blueprint] and go right across Jamaica to upgrade and modernise our towns,” the Prime Minister said.