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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…

July 25, 2018 Factories Corporation of Jamaica Limited is urging its existing clients and interested parties to make contact with the organization regarding their interest in purchasing any of the properties announced under the company’s 15% divestment project. The company announced the divestment of 58 developed and undeveloped properties. This represents 15% of the properties…