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Government searches for partners in joint venture

The Jamaican government has officially commenced the search for investors to participate in a joint venture arrangement for the development of the Caymanas Special Economic Zone and the Naggo Head Technology Park.

The Factories Corporation of Jamaica (FCJ) which falls under the Ministry of Industry, Investment and Commerce, has issued a request for proposals.

According to an advertisement in the press on Wednesday, all queries concerning the request must be made in writing by January 4. The proposals will be opened publicly on January 17 at the Jamaica Conference Centre.

Factories Corporation says preference will be given to investors seeking to partner in projects that are in line with the government's development plans.

The projects under consideration include the construction of infrastructure on the 200 acres of land reserved for Phase I of the Caymanas Logistics hub and the development of Phases I and II for new office buildings at Naggo Head.

They will be constructed on lands owned by the Factories Corporation and reserved for an IT Industrial Park.



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