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Key UDC Projects To Get Increased Funding From Tourism Ministry

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The Honourable Dr Wykeham McNeil, Minister of Tourism and Entertainment has expressed his willingness for the Ministry to strengthen its partnership with the Urban Development Corporation (UDC) by funding key projects in the upcoming year. The Minister was addressing the UDC’s two day Board Retreat at the Knutsford Court Hotel from January 29-30, 2014.

The UDC is presently playing an active role in the completion of a number of projects sponsored by the Tourism Enhancement Fund (TEF) and Tourism Product Development Company inclusive of upgrading works at the Ocho Rios Pier, Port Royal and downtown Kingston and other areas.

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UDC Signs Agreement for Forum Hotel

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UDC Signs Agreement for Forum HotelThe Urban Development Corporation has signed an agreement with Portmore Marina Development Limited (PMDL) for the sale of the Forum Hotel located in Portmore, St Catherine on January 28, 2014 at its Corporate Office, 12 Ocean Boulevard, downtown Kingston.

The deal which was inked at a cost of J$350 million falls within the broad vision of the Corporation for making development happen when and where it is needed in the context of national priorities.

According to Senator KD Knight, UDC Chairman commended the group of investors who decided to pursue the development in line with the original vision for the property. Continuing he noted, "this will be a catalyst for development from East to West of that area".

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UDC Collaborates With TEF and PAJ to Improve The Historic Town of Falmouth

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Thursday, 24 July 2014

The Urban Development Corporation (UDC) has signed an agreement with the Port Authority of Jamaica (PAJ) and the Tourism Enhancement Fund (TEF) to improve the streetscape aesthetics of the Historic town of Falmouth in the parish of Trelawny.

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Opinions/Editorials

Is China a Friend of Africa?

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Saturday, 09 November 2013

For many developing countries, foreign direct investment is viewed as something very positive. International companies can bring cash, skills, technology, and high ethical standards to a host country. But others do not always regard such investors...

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Self Improvement

If Money Were No Object

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Thursday, 14 July 2011

Let’s face it. The business will always need something else. Just like there will always be people who will ask for your help. Where we get caught is when we begin to believe that we can actually bring the

“need” to a close. “If I can just make ano...

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