JIS News

Prime Minister Bruce Golding has said that the over 2,000 houses and service lots to be developed in a housing project funded by a US$ 71.2 million loan from the Chinese government, is further manifestation of the solid, strong relationship that exists between the two countries.
The $6.5 billion project will complete housing solutions in St. Ann and St. Elizabeth. The fund will be repaid over 20 years with a moratorium of five years.
“The relationship in recent times between Jamaica and China is critical for the country to weather the global recession and to achieve the objectives that have been set out. I express sincere appreciation to the Chinese government and its people for their support,” Mr. Golding said.
PM Golding was speaking at the ground breaking ceremony of the Belle Air Development housing project in St. Ann yesterday (Dec 15).
He added that the project represents a balanced and flexible approach to providing housing solutions and will alleviate the squatting problem. He added that in addition to the new houses and service lots, there will be an upgrade of lots under the Operation Pride Scheme.
The China National Complete Plant Import and Export Corporation have been awarded the contract and the Prime Minister told residents that he hopes they will learn from the Chinese and a transfer of technology and culture will take place.
Minister of Water and Housing, Dr. Horace Chang said the housing project in St. Ann marks a significant development for the north coast as it will provide housing solutions for low to middle income workers in the tourism industry. He added that the Belle Aire Development has the potential to become a residential hub.