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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".



Jamaica’s Prime Minister Welcomes Key Industry Players to the 2014 Caribbean Travel Marketplace in Jamaica


Portia Simpson MillerJamaica's Prime Minister, the Hon. Portia Simpson-Miller officially opened Caribbean Travel Marketplace (CTM) 2014 at the Montego Bay Convention Centre. This is the fourth time the two-day event, which was held from January 12-14, 2014, has been hosted in Jamaica. Caribbean Travel Marketplace attracts more than 1,200 delegates each year and is the largest business-to-business tourism show in the region.  CTM provides opportunities for local industry stakeholders, as well as for the host country to show visiting travel industry professionals its tourist product. The Jamaica Tourist Board and the Jamaica Hotel and Tourist Association were the CHTA Travel Marketplace host partners.


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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.

The pr...



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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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