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Montego Bay hotel boom to boost Cargo Handlers in 2024

Cargo Handlers Ltd anticipates growth in 2024 arising from road works and the hotel boom in Montego Bay, St James.
 
Revenue and profit at CHL, which operates a major wharf in the city, already hit record levels for its September 2023 year end. 
 
It now expects increased activity from the importation of inputs to support the boom.
 
The Hard Rock Casino, slated to cost US$800 million and the Pinnacle residential towers valued at US$350 million are two significant projects that CHL is set to benefit from.


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