Properties for Divestment
The Government of Jamaica has mandated that the Factories Corporation of Jamaica Limited (FCJ) divests 15% of its non-performing assets to supplement the Government's debt reduction strategy. FCJ has identified 20 properties for divestment. The combined total value of the properties identified for divestment is approximately $257M. Accordingly, the Corporation should be able to satisfy GOJ's requirement to dispose of 15% of its total property portfolio from the highlighted properties.
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Morant Bay Urban Centre
An integrated business complex housing public and private sector entities, revitalizing the town of Morant…
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Boundbrook Urban Centre
The re-development of the Boundbrook Industrial Estate in Port Antonio, creating a new commercial hub…
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Available
May Pen SIC
Small Industries Complex providing affordable space for small and medium enterprises in central Jamaica.
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Available
Naggo Head Tech Park
A state-of-the-art technology park designed for BPOs, residences, and commercial facilities, fostering innovation and growth.
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Available
Montego Bay Freezone
A major hub for BPO and ICT services in Western Jamaica, offering world-class infrastructure and…
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Available
Garmex Freezone
Over 170,000 square feet of space on 5.8 acres of prime real estate, ideal for…
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