
Andrew Holness|Jun 25, 2025 13:36
We are building for the future, without taking from the future.
Today we officially opened Phase One of the Garmex redevelopment project:
126,000 square feet of new industrial space
17 enterprises across multiple sectors
Mini warehouses for small and micro businesses
1.1 billion investment
Fully funded by the Factories Corporation of Jamaica with no borrowing and no burden on taxpayers
And already, this space has generated over 340 million in rental income, which will be reinvested to finance future expansion.
This is sustainable and self-financing development where public enterprise creates real opportunity, delivers value, and contributes to the economy without draining public resources.
Let us continue building a Jamaica where smart governance works for generations to come.
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