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UDC signs Forum sale agreement

Senator KD Knight (2nd left), Chairman of the Urban Development Corporation (UDC) signs the agreement for the sale of the Forum Hotel with Michael Lake (2nd right), Director, Portmore Marina Development Limited. Sharing in the occasion are Colin Fagan (left), Member of Parliament, South East St. Catherine and Desmond Malcolm (right), General Manager, UDC. The deal which was signed on January 28, 2014 at the UDC Corporate Office, 12 Ocean Boulevard 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.