KINGSTON, Jamaica — Consistent with its mandate, the Factories Corporation of Jamaica Limited (FCJ) will continue activities during financial year 2024/25, geared towards stimulating sustainable economic growth, development, and job creation.
These are detailed in the Jamaica Public Bodies Estimates of Revenue and Expenditure for the year ending March 2025.
This year, the FCJ will prioritise upgrading of current facilities, improving infrastructure, and adding new spaces to increase revenue generation.
Consequent on this, the corporation plans to undertake capital investments totalling $1.13 billion.
These include continuing work on the 360,000-square-foot Garmex Expansion and Redevelopment Project with the construction of three warehouse buildings, which will add 96,000 square feet of space to facilitate commercial and retail activities.
Work will also be undertaken in respect of roads, sewerage networks, storm drains and other supporting infrastructure.
