Jamaica to give Chinese company a whopping 1200 acres of land for Highway!
Large portions of land in several countries across the globe now have Chinese owners.
A sizeable portion of Jamaica will soon have owners from China as well.
According to a report by Loop Jamaica, China Harbour Engineering Company (CHEC), the developers of the now completed Mount Rosser North-South highway, will receive both cash and land as part of their payment for the project.
The concession agreement gives CHEC the right to build, own and operate the Mount Rosser roadway for 50 years plus get 1,200 acres of land along the highway.
During the four year project to create a 15 minute roadway connecting Kingston and Ocho Rios, the original developers, Bouygues Travaux Publics ran into technical difficulties and suspended the project.
CHEC then approached the government with a proposal which was accepted and allowed completion of same.
Source: Loop Jamaica
Nothing in life is for free , the Chinese built the Highway , we have to find some means of paying them back. I hope the Chinese could use that 1,200 acres of land to build hotels to create employment for our Jamaican people.
DITTO@LYNDON
…interesting,..the only query I have is the ” 15 minute road from Kingston to ochi.”….its around 60 miles…the speed limit will be 70 MPH…..to do it in 15 minutes you will need to do around 135 MPH..?..all the way…how can that work……x
I don’t understand this government, how you fi give them cash and 1200 acres of land and we haveit so hard to own a sq ft
wow I have been working from age 19 pay nht and cannot qualify fi any property yet the government see the need to give away 1200 acres of land……………..hmm sooner than later the entire Jamaica will be divested out to so-so foreign national……………………..so my question is who really win here………………..surely not me
All jamaicans will be economic slaves to multi -national corporations (PAWNS ) and we willhave nothing thanks to the government (hungry polititions lining their pockets) just like our African ancestors China for its populace run out of land space Note cement fac .sugar com.flour ind,NATIONAL AIR JAMAICA ,GOAT ISLAND,the Highways The new Harbor terminal in Falmouth All these entities sold WHO PROPHETS ?JAMAICANS RISE UP AND LOOK AT THESE ATROCITIES.HAPPY INDEPENDENCE.
Jamaicans. This will forever continue when WE as natural born Ja’cans don’t don’t take a vested interest in OUR homeland. And I am talking particularly to the ones living overseas. Pretty soon Jamaican won’t own anything in their own homeland when the government ( who the people voted in) keep selling off our land to outsiders.
Trouble is that all the foreign investments never seems to benefit the Jamaican people.
Trying to find out where, I suspect these lands are at the sides of the highway near towns. At the estimated price US$100,000 per acre, this calculates to US$120,000,000
One hundred and twenty million US dollars.or 13.5 billion Jamaican dollars. We need some expert realtor assessment for the price(s) per acre, and the value of work done for comparison. This is far as I can go without further information, but thie is the Govt,s business.
Nothing in life is for free , the Chinese built the Highway , we have to find some means of paying them back. I hope the Chinese could use that 1,200 acres of land to build hotels to create employment for our Jamaican people.
wow I have been working from age 19 pay nht and cannot qualify fi any property yet the government see the need to give away 1200 acres of land……………..hmm sooner than later the entire Jamaica will be divested out to so-so foreign national……………………..so my question is who really win here………………..surely not me
I don’t understand this government, how you fi give them cash and 1200 acres of land and we haveit so hard to own a sq ft
All jamaicans will be economic slaves to multi -national corporations (PAWNS ) and we willhave nothing thanks to the government (hungry polititions lining their pockets) just like our African ancestors China for its populace run out of land space Note cement fac .sugar com.flour ind,NATIONAL AIR JAMAICA ,GOAT ISLAND,the Highways The new Harbor terminal in Falmouth All these entities sold WHO PROPHETS ?JAMAICANS RISE UP AND LOOK AT THESE ATROCITIES.HAPPY INDEPENDENCE.
Trouble is that all the foreign investments never seems to benefit the Jamaican people.
…interesting,..the only query I have is the ” 15 minute road from Kingston to ochi.”….its around 60 miles…the speed limit will be 70 MPH…..to do it in 15 minutes you will need to do around 135 MPH..?..all the way…how can that work……x
Trying to find out where, I suspect these lands are at the sides of the highway near towns. At the estimated price US$100,000 per acre, this calculates to US$120,000,000
One hundred and twenty million US dollars.or 13.5 billion Jamaican dollars. We need some expert realtor assessment for the price(s) per acre, and the value of work done for comparison. This is far as I can go without further information, but thie is the Govt,s business.
Jamaicans. This will forever continue when WE as natural born Ja’cans don’t don’t take a vested interest in OUR homeland. And I am talking particularly to the ones living overseas. Pretty soon Jamaican won’t own anything in their own homeland when the government ( who the people voted in) keep selling off our land to outsiders.
DITTO@LYNDON