1 | P a g e

Project Opportunities

In

Jamaica

2 | P a g e

LOGISTICS & INFRASTRUCTURE

Industrial Park Location: Kingston

There are approximately 80 hectares of land conveniently located in close proximity to

Kingston Container Terminal (KCT) that are eminently suitable for providing a wide

range of logistics activities for both the local and offshore markets. In total, this includes

existing free zone sites, adjoining underutilized aerodrome, and unused terminal

expansion lands. Together, these could be combined to develop and support on or near

port logistics activities. This is in keeping with modern ports, in particular transshipment

ports having evolved to include, logistics facilities and industrial parks or near-port

facilities to enable a wide range of value-added services to be performed.

FACILITIES TO BE DEVELOPED WILL INCLUDE:

Warehousing, display, pick and pack, reconsolidation and distribution of cargo

Sophisticated assembling, postponement, customization

Light to advanced manufacturing

Marine services, ship repair, dry docking, ship supplies (chandlery)

3 | P a g e

A Preliminary feasibility study on a 10-acre phased development indicated:

The logistics activities will in their own right generate incremental cargo

throughput over the port in the region of 40,000-50,000 TEUs/per annum in

cargo volumes within three years.

Increased employment, based on the type of value added activities undertaken,

could result in new jobs in the region of 2,400-3,000.

Local business and firms will be provided the opportunity to transition to (a)

special economic zone (b) in many cases partner with international firms to

provide value-added services (c) access new technology and knowledge transfer.

Stimulate business activities in the port ecosystem with spill over in the wider

economy.

Facilities will utilise environmentally friendly technology – renewable energy

solar panels as part of the buildings and energy efficient building technology.

These are expected to reduce the carbon footprint while reducing the cost of

energy.

4 | P a g e

LOGISTICS & INFRASTRUCTURE

Caymanas Logistics Centre – North Mandela Park Location: St. Catherine

The North Mandela Park, part of the proposed Caymanas Economic Zone provides the

opportunity for the development of a 200 acres mixed use logistics zone and is located

at the convergence of three major highways, connecting the capital city, Kingston.

PROJECT FEATURES:

This Greenfield investment opportunity is part of the wider Caymanas Logistics

Centre development seeking to attract eco-friendly business activity in light

manufacturing and assembly, warehouses, ICT/BPO and other related facilities.

Excellent road infrastructure which can support the warehousing and

transportation industry.

Stable telecommunications grid (the Digicel Telecommunications Earth Tower)

ensures high value added projects can be undertaken within a global focus, along

with BPO facilities.

Available labour is abundant due to the site’s proximity to the Caribbean’s

largest suburban community, Portmore (182,000 residents) and the capital

Kingston.

The investment modality is a Public-Private-Partnership.

5 | P a g e

AGRICULTURE

Agro Parks

The Agro Park concept promotes intensive and targeted agricultural production in

specific defined spaces utilizing optimum and efficient practices to yield product outputs,

integrating all facets of the agricultural value chain from pre-production to production,

post-harvesting and marketing. Products selected for production will have a high income

potential due to high quality and outstanding flavour, such as the Jamaican Ginger,

Jamaica’s Agro Parks’ initiative was implemented in 2012 out of the need to increase

agricultural production and improve the quality of produce for the domestic and

international markets. In 2015 over 3.5 million kilogrammes of produce were reaped

from the nine (9) Agro Parks established across the island. An additional twenty- one

Agro Parks are to be established over the next three years as the government has

identified 20,000 hectares for development.

KEY HIGHLIGHTS:

20,000 ha of land to be brought into production

Potential for high yield production

6 | P a g e

Capacity utilization support

The Agro Investment Corporation is leasing lands in the Agro Parks for crop and

livestock production.

7 | P a g e

AGRICULTURE

Minard Estate Location: St. Ann

The Minard Estate cattle breeding station sits on over 1,600 acres of land just north of

the town centre of Brown’s Town in St. Ann in northern Jamaica. Owned and operated

by the Agro-Investment Corporation, the estate has been in operation for decades and

has all the facilities needed for production of quality beef stock and cattle breeding. At

present, the estate utilizes a little over 750 acres for pastures with the remainder in

ruminate and fallow lands.

PROJECT CONCEPT:

The specific objective of this project is to refurbish 100 acres of pastures over a 24

month period. In the long term the project is seeking to increase the key performance

indicators of weaner weight for female and male weaners respectively and to recover

over 600 acres of pastures over a seven year development period.

PROJECT FETAURES

One thousand six-hundred acres with a base herd of 763 heads of beef cattle

Currently 1,003 acres can easily be converted or maintained as pastures.

8 | P a g e

KEY HIGHLIGHTS:

Average sale of 273.43 animals per annum

Expand the total herd to 1,429 by PY7

Average annual net profits of J$5.24M

The Minard Estate is for sale.

9 | P a g e

INFORMATION AND COMMUNICATIONS TECHNOLOGY

Port Authority of Jamaica

The Port Authority of Jamaica is entering the BPO sector through provision of property

for lease, specifically geared to the requirements of this sector.

The PAJ has existing space of 700,000 sq. ft. across the island in close proximity to large

talent pools. A major incentive is that these spaces and are located within the Montego

Bay Free Zone (MBZ), the Kingston Free Zone (KFZ), the Jamaica International Free

Zone (JIFZ) and the Portmore Informatics Park (PIP). The PAJ has three pipeline

projects to increase its offerings by over 2 million square feet.

PROJECT FEATURES:

Montego Bay

o March 2017

o 63,000 sq. ft. of new space

o BPO incubator

10 | P a g e

o On Site Customs and Training School

Portmore Informatics Park

o September 2017

o 150,000 sq. ft. of new space

o Fully integrated facilities with health services, gym and parking

Falmouth

o Concept stage (2019/2020)

o Greenfield project

o Approximately 2 million square feet

The PAJ is offering a plug-and-play lease on the completed projects.

11 | P a g e

Private Projects

12 | P a g e

INFORMATION AND COMMUNICATIONS TECHNOLOGY

Barnett Tech Park Location: Montego Bay, St. James

The Barnett Tech Park (BTP) is a 48-acre Special Economic Zone (SEZ) owned,

operated and developed by Barnett Ltd a Montego Bay based development company

with over 25 years’ experience, serving the Business Process Outsourcing (BPO) and

International Financial Services (IFS) Industry through 10 commercial development lots

in an approved and operational facility varying in size from 2.5 to 7.5 acres.

Currently in the Barnett Tech Park are:

VistaPrint has its regional customer care and service facility – 800 seats

Advanced Call Center Technologies (ACCT) – 600 seats in building 1 – 25,000

square feet

Xerox – 500 seals in building 1 – 25,000 square feet

Xerox – 1000 seats in building 2 – 50,000 square feet

The Tech Park is supported with infrastructure such as; central sewage, potable water,

13 | P a g e

electrical and telecommunications services, roads, sidewalks and storm water drainage.

KEY HIGHLIGHTS:

The Tech Park offers a campus type environment where the BPO/IFS facilities

will be supported by on site commercial services; food services, banking, day

care, retail and fitness.

Also to be located on adjacent property to the Tech Park will be the Montego

Bay Campus of the University of the West Indies which is being designed to

accommodate 8,000 tertiary level students and faculty.

Numerous Government-approved and legislated investment and tax incentives.

Access to a large pool of trained and educated workforce.

TYPE OF INVESTMENT REQUIRED:

Investors are invited to invest in the Tech Park in any or combination of the following

ways:

Purchase lots for Custom-designed buildings to facilitate BPO or IFS – US$1.5M

to US$4.0M

Lease custom-built facilities for BPO/IFS Services

Purchase or Lease and operate space within the commercial facilities

Partner with Barnett Ltd in the build-out of BPO/IFS and Commercial Space.

Once a lot is purchased a minimum build out of 100,000 square feet of production space

is projected at with an investment of not less than US$15M built out.

14 | P a g e

INFORMATION AND COMMUNICATIONS TECHNOLOGY

BIOPRIST Locations: Sandy Bay, Lucea, Montego Bay

BIOPRIST Knowledge Parks has three ideal locations for BPO/ICT space. All locations

are a combined total of 202,500 Sq. Ft. on 33 acres of land, situated along the Western

end of the island in:

Montego Bay, St. James – 50,000 Sq. Ft. of BPO space available by summer 2015

- provides employment opportunity for a workforce of up to 2,500 persons and

a full run of 3 shifts. Four (4) miles from Sangster International Airport in

Freeport, flanked by other BPO operations.

Lucea, Hanover – 60,308 Sq. Ft. of BPO office space provides employment

opportunity for up to 2,500 persons and a full run of 3 shifts. 27 miles from

Sangster International Airport.

The parks can accommodate future expansion and are either ocean front or ocean

view.

15 | P a g e

PROPOSED PROJECT FEATURES

PCI compliant facilities

Fully secured with perimeter fencing and close to regional and local Police

headquarters

Equipped with fibre optic networks

Has 1-2 standby generators

Can provide combined employment for no less than 10,000 personnel at full

capacity running 3 shifts

Food courts, banks, ATMs, utility bill payments and money outlet transfers are

being reviewed for incorporation

KEY HIGHLIGHTS

1 hour and 15 minutes travel time from Florida, USA within the same time zone

Located in prime locations of Montego Bay and its suburbs

The parks will be available for lease.

16 | P a g e

TOURISM

Seventh Harbour Location: Kingston

This is a planned 206-acre secure, self-contained, multi- functional recreational facility at

the Gunboat Beach site in Palisadoes, the cusp of Kingston’s gateway. It is also adjacent

to the Norman Manley International Airport. The project has been designed so that

each of the major components can stand alone and independent of any other. Together,

they make an exciting and bustling web of commercial activity that will revolutionize

Palisadoes and indeed the Kingston Metropolitan Area (KMA).

PROJECT FEATURES

Entertainment, Restaurant and Gaming

Centre

Boat Tour Facility

200-Slip Marina, Marine Fuel Station

and Harbour Mart

Cruise Ship Pier

Retail/Entertainment Complex

Water Park

17 | P a g e

20,000 Capacity Entertainment Complex

Fine Dining Restaurant

Museum of Jamaican Music

350-Room Hotel with Conference and Gaming Centre

KEY HIGHLIGHTS

. Five Minutes to the Norman Manley International Airport.

Close proximity to Port Royal, a nominated World Heritage Site.

Ideal access to Kingston’s vibrant and urban populace

The property is being offered for sale.

18 | P a g e

TOURISM

Coral Springs Location: Trelawny

Located in Trelawny on Jamaica’s North Coast, this property consists of 360 acres.

PROJECT FEATURES

Bordered by beautiful beaches

Ideal for subdivision into discreet parcels for varied tourism developments.

Includes a small salt pond.

KEY HIGHLIGHTS

35-40 minutes from Sangster International

Airport, Montego Bay

Ideally positioned between Ocho Rios and

Montego Bay

The property is being offered for sale,

estimated value: US$60 million

19 | P a g e

TOURISM

American Global MD Location: Montego Bay

The opportunity is available for investment in a

medical facility in Jamaica, the leading tourism

destination in the English-speaking Caribbean

American Global MD (AGMD) is a consortium

of U.S board-certified physician-investors who

are intent on creating a five star accredited

facility to serve the needs of their patients as

an alternative to utilising U.S based facilitates.

This group of investors comprises active

clinical practitioners in the United States

possessing a comprehensive plan covering a

three phase implementation.

20 | P a g e

PROJECT FEATURES

Phase One to provide 50-75 bed facility dedicated to elective surgical

procedures

Phase Two provide an additional 50-75 beds for critical care and medical

specialties

Phase Three entails additional 50-75 beds, establishment of a teaching institute

and student and faculty accommodations

KEY HIGHLIGHTS

Prime site located and under negotiation

Site located in mecca tourism destination of Montego Bay

Jamaica favourably ranked as a destination for medical tourism

The developers are seeking equity investment/joint partnership to finance $US35 million

of the $50 million project.

21 | P a g e

TOURISM

Malcolm Bay Location: St. Elizabeth

Covering 1,000 acres of plains on Jamaica’s South Coast, this vast property features a

number of coves and a breathtakingly pristine white sand

beach that extends for miles along its expanse.

PROPOSED FEATURES

Suitable for pioneer integrated resort investment with

hotels/villas, upscale condominiums and water sports

facility .KEY HIGHLIGHT

Close proximity to the famous Treasure Beach

Attraction

Ecological tourism along the Black and YS rivers,

and in the Great Morass has been developed in

recent years

Close proximity to Black River; Jamaica’s longest river

The property is being offered for sale at US$45 million.

22 | P a g e

TOURISM

San San Location: Portland

The San San Estate is one of the few remaining pristine properties in Jamaica where

there is an opportunity for high-end resort

development. The 600 acre property is located in

Portland on the Eastern end of the island.

PROJECT FEATURES

Features the scenic San San Bay which consists

of 10 acres with unsold villa lots and an 18-

hole golf course.

There is a significant portion of the land that is not yet developed, which offers

exciting potential for villas, a hotel and the maximization of the golf course.

KEY HIGHLIGHTS

23 | P a g e

Close proximity to Errol Flynn Marina

Recent high-end developments in Portland in proximity

One Hour away from Ian Fleming International Airport located in St. Mary

Ideal for Eco-Tourism related projects

The property is for sale, estimated value: US$45 million.

24 | P a g e

TOURISM

The Wexford Hotel Location: St. James

In the heart of Montego Bay the Wexford Hotel is a fully operational 85 room facility.

PROJECT FEATURES:

The Wexford Hotel is located in Montego Bay, St. James on the famed Gloucester

Avenue “Hip Strip”, which features popular shopping, dining and entertainment facilities.

The hotel is ideally located 5 minutes from the Sangster International Airport, and is

across the street from the famous Doctor’s Cave Beach.

KEY HIGHLIGHTS:

The Wexford Hotel has been recently renovated, and is fully operational with

85 rooms, recreational, dining and conference facilities.

The room complement comprises two Executive Suites, five Junior Suites, 30

Ocean View rooms and 43 Garden View rooms.

The hotel also offers some of the finest conference facilities in Montego Bay,

with state-of-the-art equipment and 5,520 square feet of space that can

accommodate up to 300 people.

The hotel and property are being offered for sale as a fully operational facility at

US$12,500,000.

25 | P a g e

TOURISM

Llandovery Estates Location: St. Ann

Situated on Jamaica’s tourist belt the Llandovery Estates property comprises 1,000 acres

of land, and is located about 50 minutes driving time from the Sangster International

Airport in Montego Bay.

The prime location is close to the major resort town of Ocho Rios and close to

attractions such as the world famous Dunn’s River Falls and the Green Grotto Caves.

Full designs have been done for a major development to include a mix of resorts,

residences, recreational and retail facilities, as well as a golf course. Preliminary approval

for the development has been obtained from the National Environmental Planning

Agency of Jamaica.

PROJECT FEATURES:

The property is divided by the main highway between Ocho Rios and

Montego Bay, with 170 acres being on the northern oceanside and the

remainder on the southern side of the highway.

The oceanfront property boasts a 1km long beachfront

Llandovery Estates is characterized by rolling terrain with flatter lands

26 | P a g e

grading down to the sea.

KEY HIGHLIGHTS:

Natural water features such as a fresh spring, a river running through the

property and a waterfall.

The terrain features gently sloping land, and has great views.

The entire property is being offered for sale at US$70,000,000.

27 | P a g e

TOURISM

Jamaica Palace Hotel Location: Portland

The Jamaica Palace Hotel is located on the east coast of Portland, Jamaica. This 5 acre

property comprises 80 uniquely designed rooms and suites.

PROJECT FEATURES:

Jamaica Palace offers guests an authentic Jamaica experience away from the

hustle of the city and high density areas, located 2 and a half hours from the

Sangster International Airport.

One of the most luxurious and elegant hotels in Portland, the location offers a

cool climate, lush greenery, beautiful beaches, several waterfalls and the

spectacular Blue Mountains.

The property is in walking distance to several private coves and beaches, such as

Frenchmen’s Cove and San San beach. The world famous Blue Lagoon, as well

as Navy Island, are two other attractions that are nearby.

28 | P a g e

There is an additional 7 acres of land adjoining the Jamaica Palace, which is

available for purchase to upgrade the existing development.

KEY HIGHLIGHTS:

Portland remains a very sought after location, and has a quality that cannot be replicated

anywhere else on the island. Due to its abundance of natural resources, small scale but

high-end development, and the relatively quiet ambiance of the parish, Portland is very

attractive to persons wishing to visit Jamaica for a relaxing vacation. The Jamaica Palace

Hotel is therefore a solid investment.

The hotel is being offered for sale at a list price of US$10,000,000.

29 | P a g e

TOURISM

Old Hope Location: Westmoreland

This large Westmoreland property rests on 302 acres of flat land, 20 minutes from the

resort town of Negril.

PROJECT FEATURES

The Old Hope property has a 1km long beachfront

Sixty (60) acres of mangrove with thick shrubbery, ponds and wetlands ideal for

a nature reserve and natural habitat for marine life

KEY HIGHLIGHTS

The property is in a very desirable location, and ranks with other resort and

residential communities of Hope Wharf and Coconut Grove, which are in high

demand

Water supply, electricity and telephone services are all available to the property

The property is being offered for sale at a list price of US$15 million

30 | P a g e

TOURISM

Turtle Crawl Location: Portland

Hidden away in Turtle Crawl Bay, this 43 acre property offers the perfect private

getaway surrounded by the natural beauty of the parish of Portland in eastern Jamaica.

PROJECT FEATURES:

Approved designs for 32 high end villas, three different types to match the slope

of the land from 80 to 410 feet above sea level

Luxury accommodation in an unspoilt location

KEY HIGHLIGHTS:

Close proximity to the Frenchman’s Cove beach and Ian Fleming Airport

Panoramic view of the harbour and Port Antonio at the highest elevation

The Turtle Crawl property is on sale for US$1 million.

31 | P a g e

TOURISM

Shovel Ready Investment

Opportunities

The Shovel Ready Investment Programme (SRIP) is

a Government of Jamaica (GoJ) approved initiative

aimed at fast-tracking and promoting investments

in key growth sectors in Jamaica. In an effort to

remove impediments to the tourism investment

process, the SRIP was launched in 2014 and is

funded by the Tourism Enhancement Fund (TEF).

The programme currently features14 investment

ready publicly held and private lands along

Jamaica’s coast which are ideally suited to the

development of hotel resorts and attractions.

32 | P a g e

Amaterra Resort Township & Golf Course Location: Trelawny

Along the sapphire seas of the north coast, between the island’s two largest tourist

centres Montego Bay and Ocho Rios, the Amaterra Resort development spans over

1,030 acres of prime land with an assortment of resorts, residential and commercial

properties blended into the scenic topography of Duncans Trelawny. Within 10 minutes

of the historic Falmouth Pier, Amaterra bares several features; expanse sandy beaches,

accentuated by majestic limestone cliffs towering above the Caribbean Sea with

direct exposure to the north-east trade winds.

The proposed development comprises of over 40 approved parcels of land

which can be further subdivided into residential lots and five parcels for five (5)

five star hotels, providing over 2,300 rooms, all overlooking the Caribbean

Sea

33 | P a g e

Cardiff Hall Properties Location: St. Ann

The Cardiff Hall properties are government of Jamaica owned lands, packaged for

tourism development.

Along the coast of Runaway Bay St. Ann is the 11 acre property well-guarded

secret paradise. The property is perfect for a secluded hideaway vacation, with

an intimate setting for your special event or a professional atmosphere for your

corporate engagement. It is also suitable for a destination spa.

o The recommended sale price is US$2.4 million.

Inland of the Cardiff Hall community is a 21 acre property on a level parcel of

land, conveniently situated on a strip rife with tourist activities. Beaches, hotels

and an 18-hole championship golf course with club facilities flank this property.

o The recommended sale price is US$1.4 million

34 | P a g e

Ciboney Culloden Location: Westmoreland

The Ciboney Culloden property is 17.06 acres of the perfect private getaway, tucked

away in Westmoreland, along Jamaica’s south coast. The property forms part of a

recently established subdivision and is located in an area which has been

developing steadily over the past 5 to 7 years with a number of private

dwelling houses and most recently, the development of the Sandals Whitehouse

to the west.

The property is for sale at a price of US$2 million.

35 | P a g e

Cotton Tree Bay Location: Hanover

Cotton Tree Bay is a 200 acre property boasting 2 miles of waterfront with white sand

beach. The property can be accessed via the super highway connecting Montego Bay and

Negril. The offered property starts at the eastern point of Green Island Bay and

continues for 2 miles east along the northern coastline.

The property is for sale at a projected value of US$10 million.

36 | P a g e

East End Jamaica Location: St. Thomas

One of the last large tracks of white sand seashore in Jamaica, East End’s natural and

unspoilt characteristics suggest great potential for the development of a single, multi-

faceted and unique resort. This potential, coupled with worldwide growth of tourism

and identification of eco-tourism as high growth market segment, points naturally to

specific development themes for the property

PROJECT FEATURES:

1,044 acres of undeveloped land featuring mangrove/wetlands, flat scrubland and

beaches

Four white sand beaches of 2.24 kilometres

The property is for sale at a price of US$25 million

37 | P a g e

Haughton Hall Location: Hanover

Haughton Hall is 500 acres of lush coastline that is a mere 15 minutes east of the

popular resort town of Negril. This property has a main road running through it,

separating the beachfront from the rest of the property which could allow for

development on two separate sites: The 174 acres long beachfront offers

a mile long beach and presents a viable potential for the development of high-end

condominiums and hotels while, the 350 acres of the property on the opposite side of

the road, 350 are available for subdivision for housing and commercial development.

The property is being sold based on a valuation price of US$15 million.

38 | P a g e

Jobson Peninsula Location: Trelawny

Jobson Peninsula is an extensive 380-acre (~1,547,358 m. sq.) with easy access

to the North Coast Highway from Montego Bay to Ocho Rios. The property is four

miles from the North Coast Highway and 17 miles from Sangster International Airport.

The property offers more than 1.5 km of pristine white sandy beaches located in the

Parish of Trelawny. It lies within walking distance of the historic, romantic town of

Falmouth, which boasts a port used by the world largest cruise lines.

The property is suitable for Eco Resorts, Hotels, Timeshare, and as a Private Marina and

related activities

Proposals for joint venture partnership, partial divestment or full sale of the property or

other feasible investment modality are welcomed.

39 | P a g e

Mammee Bay Resorts Location: St. Ann

The Mammee Bay Resort property is 29.25 acres of prime beachfront, ideally situated

on Jamaica’s north coast in the parish of St. Ann, approximately sixty miles from

Montego Bay and sandwiched by major tourist hubs, Ocho Rios and the Trelawny

Cruise Ship Pier. The property could easily be considered an architect’s

dream, providing the ideal location to create a major resort development that would

capitalize on the many historical features of Ocho Rios and its environs. The property

represents an excellent project area for any major 4/5 star hotel, or any upscale resort

development. Its overall favourable strategic position, midway between Kingston and

Montego Bay, allows for convenient access to both the Sangster International Airport in

Montego Bay and the Norman Manley International Airport in Kingston - the hub for

international business travel to the island.

The property is for sale based on a valuation of US$30 million,

40 | P a g e

Paradise Park Location: Westmoreland

Paradise Park Estate is a just under 1,900 acres of rolling pastures on relatively flat land

on Jamaica’s southern coast. The eco-park has stretches of unspoilt palm tree forests

and wetlands framed by the blue horizon of the Caribbean Sea. The property also has

approximately 2,230 feet of white sandy beach on the western side of world famous

Bluefields Bay. Paradise Park Estate also has one of the best and longest white sandy

beaches in Jamaica, and is ideally suited for hotel and residential development, a small

harbour to accommodate pleasure yachts and small boats as well as two (2) 18-hole golf

courses.

This property is for sale at US$70 million and is negotiable.

41 | P a g e

Rose Hall Estates Location: St. James

Rose Hall community of resorts is a master plan development and sets a standard in the

Caribbean Resort market. It comprises four (4) distinct – yet complementary

properties:

- Caribbean Cove, Rose Hall – 813 acres of prime land with ocean frontage of

3,900 ft

- The Aqueduct, Rose Hall – 276 acres flanked by 840 ft of pristine beachfront

and golf courses

- Seaside at Rose Hall – 26.8 acres with 2,870 ft of unspoilt beachfront

- The Palms at Rose Hall – 9 acres of magnificent greenery with a 1,300 ft of

beachfront and coastal reef

Located on the north coast of Jamaica in the parish of St. James, east of the Donald

Sangster International Airport and the Montego Bay Cruise Ship Pier, and west of the

Falmouth Cruise Ship Pier, the four properties in the Rose Hall Development offer

opportunities to investors interested in acquiring and developing luxury resorts along

42 | P a g e

the Caribbean Sea. Within close proximity of each other, the four locations are

accessed from the North Coast Highway with sizes ranging from 9 to 81 acres.

Infrastructure such as sewage disposal, potable and non-potable water,

telecommunication and electrical services are readily available with connections off the

North Coast highway.

The properties are for sale within the price range of US$750,000 – US$1.2 million per

acre.

43 | P a g e

AGRICULTURE

Caribbean Mariculture

Location: Old Harbour Bay, St. Catherine

Caribbean Mariculture is a 250 acre marine shrimp and fish farm designed to supply

both the domestic and overseas markets. The firm aims to create a space in the

domestic market, supplying homes, restaurants and hotels with competitive products.

As a key sector in the development of Jamaica, the overall goal is to contribute returns

on investment for shareholders and the growth of a key productive sector. Presently

Jamaica exports US$10 million in seafood to key overseas markets in North America,

Europe and Asia. With ocean stocks of shrimp, lobster and other marine life depleting,

mariculture activities can add value to the sector and boost production and export.

The farm has a production capacity of 127 pond acres. It is leased from the Jamaica

Agricultural Development Foundation (JADF).

The project is on offer for US$4 million with a 60:40 debt to equity ratio.

44 | P a g e

AGRICULTURE

Alcoffarm Location: St. Andrew

Located in the island’s cool Blue Mountain terrain at elevations of 200m and 450m

above sea level are two (2) coffee farms, Mt. Dakin (106 acres) and New Garden (36

acres). The properties are naturally irrigated by rivers and streams that run throughout

them.

PROJECT FEATURES

Farmlands consist of 158 acres, across 2 discreet properties, previously

operated as coffee farms

Structures on the property include a farm house which can house 25 workers

and a coffee floating tank.

The farmlands are being offered for sale.

45 | P a g e

CREATIVE INDUSTRIES

Good Year Film Production Facility Location: St. Thomas

The Good Year Facility is a twenty (20) acre property situated along the Morant Bay

main road in St. Thomas. As the name suggests, the premises once housed the Good

Year Tyre Factory. Located approximately 30 minutes from Kingston, the property is

ideally suited to be transformed into a full Film Production facility with the following

elements included:

Cinema/Performing Arts Centre

30,000 sq ft Film Lot

Business Centre

Self-contained residences

Gym

Jogging/Nature Trail

46 | P a g e

Key to the creation of a Film Production Facility in Jamaica is the establishment of

soundstage space along with production support facilities, which the Good Year facility

can comfortably accommodate. A custom-built studio hub will increase Jamaica’s

production capacity for film and by extension the quantity of exports which the country

produces. Morant Bay has the benefit of two landscapes, rolling vistas and expansive sea

front both of which have their own demands.

The owners are seeking to lease the property for development of the facility.

47 | P a g e

Creative Industries

Jamaica Center of Innovation and Digital Content Creation Location: St. Andrew

The Jamaica Center of Innovation and Digital Content Creation (JCIDCC) is a multi-

stakeholder project seeking to increase the capacity of the domestic workforce in the

creative industries specifically digital animation and special effects for movie and

television production. The project is being supported by the Government of Jamaica

along with CA Foundation, Studio C, Andrew Adamson and the United Talent Agency.

The project is supported by key industry personnel who see Jamaica as a potential hub

for the development of content. Key backers include:

Andrew Adamson: best known for writing, producing and directing Shrek, Shrek

2 and has been nominated for an Oscar.

Carlos Arguello: best known for his participation as visual effects supervisor for

Space Jam, Armageddon, and The Devil's Advocate, among others. He is the

48 | P a g e

founder of Studio C and CA Foundation which has trained more than 3,000

young people in Latin America.

UTA is globally recognized in the areas of film finance, film packaging, corporate

consulting, branding & licensing, endorsements and the representation of

production talent.

The proposed location of the opportunity is the main campus of the Vocational Training

Development Institute (VTDI), Gordon Town Road, Saint Andrew.

The coordinators are seeking US$3 million of equity investment.

49 | P a g e

MINING

Leyden Aggregates Location: St. James

Leyden Aggregates Ltd is located in the North-Western parish of St. James close to

major tourism and housing developments in the Western region. The company’s mining

and quarrying activities sit on 80 acres and is able to produce igneous materials for the

manufacture of sand, road and non-skid aggregate.

PROJECT FEATURES:

Current market trends identify a demand of 2 million tonnes of sand in Western

Jamaica with little production in the region. The high cost of transporting sand

across the island therefore positions Leyden Aggregates with the advantage of

producing in-demand products at a high quality and at an affordable cost to

command market share.

The company projects the production of 500,000 tons of sand in the first year

of operation, doubling to 1,000,000 in year two, amounting to 25-50% of the

demand in Western Jamaica.

50 | P a g e

KEY HIGHLIGHTS:

Leyden Aggregates is the only large deposit of Andesite in Jamaica meeting

international standards for non-skid aggregate and sand.

An investment of US$10,195,500 for 30% equity or US$13,594,000 for 40% can be

negotiated.

51 | P a g e

LOGISTICS

New Esquivel Industrial Port & Park Location: St. Catherine

The New Esquivel Industrial Port & Park Project is a private sector venture based on

the Government of Jamaica’s initiative to develop special economic zone logistic centres

at strategic locations across the Island.

The project lies in the dormitory “city” of Portmore in St. Catherine, Jamaica, bordering

the capital of Kingston. The venture has acquired preliminary clearances from the

National Environment and Planning Agency and the Development Assistance Committee

(NEPA/DAC) for the project, meaning reduced timelines to implementation.

Project Outline

New Esquivel is a minerals and energy based industrial and commercial development

52 | P a g e

designed to facilitate a port, wide range of energy, manufacturing and I.T. related

industries

Also available from the holding company Old Harbour Estates are the following assets:

approximately 500 hundred acres at the proposed location with an agreement

to acquire a further 250 acres adjoining the existing parcel

Additionally, the Company has approximately 500 acres (170 of which is slated

for housing), and has first-right-of-refusal on an additional 100 acre parcel that

again adjoins the above mentioned lands.

The development already has substantial support infrastructure in the area such as:

Access to Highway 2000 (with close proximity to Kingston and the North-South

Highway)

Working Railway (proximity to mineral deposits)

Operational Sea Port (WINDALCO’s Port Esquivel)

Largest power generation and distribution facility in the Island (JPS)

Fastest growing population centre in Jamaica

Along with the above, Jamaica’s strategic location with proximity to major shipping

lanes, the Panama Canal and major regional markets makes the New Esquivel project an

investment opportunity able to provide attractive medium and long-term returns to

investors and the Island as a whole.

The developers are seeking equity investment of approximately US$20 Million.

53 | P a g e

COMMERCIAL REAL ESTATE

Rockfield Location: St. Ann

Rockfield is a countryside property, situated in the hills of St. Ann. This 336.8 acre

property is 1500ft above sea level in Higgin Town. From the mountain top unfolds

stunning panoramic views and rural charm overlooking Ocho Rios and the Caribbean

Sea on one side and the lush rolling mountains on the other. This property is

approximately fifteen minutes from St. Ann's Bay and half an hour to Ocho Rios, one of

the tourist hubs on the North Coast.

Rockfield is an old dairy and produce farm rich with history, it has flat to undulating

terrain - open areas as well as hilly forested areas. It contains many pastures, and

catchment ponds.

The terrain, location, character and quick access to the highway opens tremendous

54 | P a g e

opportunities that include but are not limited to development in a variety of sectors:

Agriculture – livestock rearing

Manufacturing

Tourism

Energy

The property is being offered for sale at US$550,000

55 | P a g e

COMMERCIAL DEVELOPMENT

Spanish Town Commercial Park Location: St. Catherine

The Spanish Town Commercial Park offers investors the opportunity to develop prime

real estate in a growing community. The project is 15.6 acres of shovel ready property

adjacent to the highway and main streams of traffic.

Spanish Town is a developing area with untapped opportunities to be exploited by

pioneering developers. The planned logistics hub initiative is set to impact greatly on the

commerce and overall economic activity. The site also qualifies for incentives under the

Urban Renewal Act.

The property holders are seeking a developer.

56 | P a g e

COMMERCIAL DEVELOPMENT

Victoria Pier Location Kingston

Located in the island’s main metropolis in Kingston, the Victoria Pier Building sits on

approximately one acre of waterfront property. The proposed modern facility will

feature:

‘A’- class restaurant

Lounge with sport gaming facilities

Art gallery

Confectionary

Roof entertainment overlooking the panoramic waterfront

The project has the potential to revitalise commercial and recreational activities in the

Kingston Downtown area by attracting locals and tourists alike. In keeping with the

maritime flavour of the area and the impact of Jamaica’s heritage product, tours and

cruises to Port Royal and the islands (Lime Cay etc.) are envisioned.

57 | P a g e

This proposal is based on a long term lease of twenty five (25) years renewable, at

US$5,000.00 per annum after three (3) years and re-negotiated every five (5) years

thereafter, with reasonable considerations. The contract will include a right of first

refusal or an option to purchase clause.

The estimated initial investment is US$1,759,000. The opportunity is available under

lease with an option to purchase.

58 | P a g e

HOUSING DEVELOPMENT, SOUTH COAST, JAMAICA

Opportunities are available for investment in housing and community development in

urban centres of Jamaica. With a population distribution of 54% urban to 46% rural the

internal migration of residents increases the need for affordable housing solutions.

Bologa Estate Location: St. Catherine

This affordable housing project in St. Catherine rests on 120 acres of land on Jamaica’s

southern coast right outside of Kingston. It carries a projection of 990 built units, with a

gross development cost of US$79 million and potential profit after development of

US$21 million.

Chateaux Heights Location: Clarendon

Away from the congestion of Kingston yet providing the same amenities in business and

recreation, Clarendon is a burgeoning urban parish on Jamaica’s south coast. Chateaux

Heights offers potential for development of 1520 units on 185 acres of land. The gross

development cost is an estimate US$114 million with profit of $31 million.

Clifford’s Rest Location: Clarendon

On 169 acres of land an affordable housing projects is ready to be developed with 1394

proposed units. The Clifford’s Rest housing development has an estimated project value

of US$111million and profit of $30 million.

59 | P a g e