The Urban Development Corporation (UDC) is pursuing diverse finance and business options of Initial Public Offerings (IPO), Real Estate Investment Trusts (REIT) and Private/Public Partnerships (PPPs) to provide attractive investment opportunities for private individuals and institutions. These will form the main elements of a new strategy by the Corporation to see to the implementation of city development plans through the attraction of private capital.
Hundreds of investors turned out at an Investment Forum on September 22, 2011 at the downtown Kingston based Jamaica Conference Centre as leaders in business, civic and political sectors took a critical look at investment opportunities emerging in the downtown Kingston area. The event which was held under the theme Redevelopment of Downtown Kingston: Investment Challenges and Opportunities was hosted by the Urban Development Corporation (UDC) in collaboration with Scotia Investments Jamaica Limited (SIJL).
Over 500 children from childcare and protective institutions in the corporate area were treated by the Urban Development Corporation (UDC) to a fun-filled day at the 31st staging of the Hellshire Summer Fun, which was held at Fort Clarence Beach in Hellshire on July 28, 2011.
This year nine institutions were treated at the event including Glenhope Place of Safety, Early Stimulation Project, My Father’s House, St. Andrew Hostel, Best Care Lodge Reddies Place of Safety, The Nest, Maxfield Park Children’s Home and Walkers Place of Safety.
The scorching heat and long evenings signal the beginning of the summer season. With the advent of summer, comes the schedule of activities geared towards keeping cool. If you are searching for an affordable getaway, why not grab your swimwear, sun tan lotion, invite your family and friends and visit one of the Urban Development Corporation’s (UDC) Blue Flag Certified beaches.
These include Ocho Rios Bay Beach in St. Ann, Bluefields Beach Park, on the southeast coast of Westmoreland and Long Bay Beach Park 1, situated along Negril’s famous seven mile white sand beach.
Central Branch Infant, St Jago Cathedral Preparatory and Linstead Primary and Junior High copped the top prizes valued at $20,000 each and passes to Dunn’s River Falls and Park in the Urban Development Corporation’s (UDC) “2011 Hellshire Schools Enviro Competition”. The awards were presented at the 5th annual Hellshire Enviro Fair held at the Two Sisters Caves on Thursday, May 26..
On Saturday, April 16, 2011, the Chinese construction firm China National Complete Plant Import and Export Corporation (COMPLANT) officially handed over the keys for the Montego Bay Convention Centre to the Urban Development Corporation (UDC) at a luncheon which was staged at the Centre, located at Rose Hall, St. James. The event was attended by several Chinese and Jamaican representatives from the political, civic and business society.
On Tuesday March 22, the town of Falmouth welcomed the world’s largest cruise ship, Royal Caribbean’s ‘Oasis of the Seas’. The highly anticipated ship has a combined carrying capacity of over 9000 passengers and crew.
As was the case with the historic ‘Voyager of the Seas’, the first cruise ship that docked in the Falmouth Harbour on February 17, 2011 and the ships which followed, the visitors aboard the ‘Oasis of The Seas’ were exposed to the “Falmouth Experience”, which incorporated Jamaican entertainment, art, craft, exquisite cuisine and cultural performances.
On Thursday, February 17, history was created in Falmouth, Trelawny, when the Royal Caribbean’s cruise ship Voyager of the Seas, took over 4000 visitors to Jamaica on its maiden voyage into the Falmouth harbour.
The visitors were welcomed to the island amidst much jubilation and were greeted by Minister of Tourism Edmund Bartlett, Minister of Culture, Youth and Sports, Olivia Babsy Grange and other Government officials.