The Jamaica Railway Corporation (JRC) is set to rake in nearly $200 million from the sale of lands which it owns in St. Catherine.
The entity is seeking offers for the 113 acre property in Port Henderson.
It has set a reserve price of $185 million.
Interested persons have until January 21 to submit offers which should indicate the proposed use of the property which runs from Port Henderson to Green Bay and south west of the roundabout at the Forum Hotel.
The divestment is being carried out as JRC officials make final preparations to have the trains rolling again by next month.
Last month, JRC Chairman Barry Bonitto confirmed that crews from the Corporation have begun track repairs ahead of the startup.
Mr. Bonitto said the JRC has identified a route and a programme is underway to relocate persons squatting near rail lines.
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