The Urban Development Corporation (UDC) welcomes its new board of directors appointed by the Most Honourable Portia Simpson Miller, Prime Minister of Jamaica in April 2012. The board is responsible for oversight of policy at the Corporation. The members of the board who will serve for three years are:
The world famous Dunn’s River Falls and Park in St. Ann now boasts a new website. Visitors to the new information portal launched during February, 2012, can now access a more interactive site at www.dunnsriverfallsja.com. The attraction is managed by the St. Ann Development Company (SADCO) on behalf of the Urban Development Corporation (UDC).
The Urban Development Corporation’s (UDC) was recently recognized for its engineering achievement in completing the Montego Bay Sports Complex, St James on Saturday, November 19, 2011 at the Jamaica Pegasus Hotel by the Jamaica Institution of Engineers during its Annual Awards Banquet. The facility was among two other contenders including the Falmouth Cruise Ship Terminal built by the Port Authority of Jamaica and Wigton Windfarm, controlled by the Petroleum Corporation of Jamaica who were vying for the prestigious Project of the Year Award.
The Urban Development Corporation and the Development Bank of Jamaica wish to set the record straight with respect to the sale of the government’s majority share in the Pegasus Hotel of Jamaica Limited (PHJL). It is necessary to do this given certain statements made recently in the public media. In this regard, the institutions set out below the process that was followed for the divestment of the shares.