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THE Government has mandated Factories of Jamaica (FCJ) to implement three projects to develop more than 1.5 million square feet of space over the next three to five years, which will be dedicated to commercial and industrial enterprises. Among the engagements expected to be facilitated are agro-processing, business process outsourcing (BPO), manufacturing, distribution and warehousing. Prime Minster…

KINGSTON, Jamaica — Plans are in place to relocate 11 Government agencies in Portland to lands owned by the Factories Corporation of Jamaica (FCJ) and the National Insurance Fund (NIF) in Boundbrook. Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Daryl Vaz, explained that the objective is to provide more comfortable…

State-owned Factories Corporation of Jamaica (FCJ), the largest holder of manufacturing space, is hunting deals for 58 properties that it plans to offload, comprising both developed and undeveloped properties, according to chairman Lyttleton ‘Tanny’ Shirley. “This represents 15 per cent of FCJ properties,” said Shirley, who told the Financial Gleaner that Cabinet had signed off…

A joint venture agreement for the Morant Bay Urban Centre in St. Thomas has been approved by Cabinet. Minister of Education, Youth and Information, Senator the Hon. Ruel Reid, said that the agreement, which is between the Factories Corporation of Jamaica (FCJ) and China Harbour Engineering Company (CHEC) Limited, is for the construction of the…