Jamaica to give Chinese company a whopping 1200 acres of land for Highway!

China 1200 acres of land in JamaicaLarge 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

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