The Factories Corporation of Jamaica Limited (FCJ) was incorporated under the Companies Act
of Jamaica in 1987 and is wholly owned by the Government of Jamaica. Its mission is to be a
financially strong and dominant provider of industrial and commercial office space that is
customer focused and efficiently managed by an empowered cadre of staff. FCJ currently
owns/controls 2,030,207 square feet of factory space, and approximately 408 acres of land.
FCJ will collaborate with key stakeholders to address evolving needs and develop modern
infrastructure solutions that support sustainable economic growth and job creation. To this end, the FCJ plans to undertake capital investments totaling $1,619.79 million.
The 448,000 square feet facility at the Morant Bay Urban Development Centre, developed under
a joint venture agreement, is nearing completion and is expected to generate increased revenues
for FCJ through property management services during 2025/26.
The FCJ projects a surplus of $648.92 million
The Ports Management and Security Limited (PMSL) was incorporated in April 2004 as a joint
venture between the Port Authority of Jamaica (51%), Kingston Wharves Limited (25%) and the
Shipping Association of Jamaica (24%). The Company was established to undertake the Port
Authority of Jamaica’s (PAJ) mandate for ensuring that the security systems and procedures at
Jamaican seaports are upgraded to meet the requirements of the International Maritime
Organization’s International Ship and Port Facility Security Code (ISPS).
PMSL has direct responsibility for the implementation of ISPS security requirements at
Jamaica’s public ports and bonded warehouses. The provision of security services is aided by
the use of non-intrusive cargo inspection equipment, closed circuit television, access control
system, and underwater surveillance cameras, which are leased from the PAJ.
In the 2025/26 financial year, PMSL will prioritize initiatives to improve cargo security and
protect critical entry points. The strategy will focus on bolstering institutional capabilities,
deploying systems to curb contraband trafficking, and advancing human capital development in
key strategic areas.
PMSL projects a net deficit of $282.86 million
The National Road Operating and Constructing Company Limited (NROCC) was incorporated
on February 2, 1995, as a private limited liability company and commenced operations in
February 2002. In October 2011 NROCC’s Articles of Incorporation was amended to allow for
the conversion from a Private to a Public Company.
NROCC’s core functions include overseeing the design, construction and maintenance of the
highways and related facilities. Additionally, NROCC seeks to ensure environmental
preservation, safety on the highway and strong linkages to encourage development activities.
NROCC remains committed to providing Jamaica with a sustainable and efficient toll road
network. NROCC is well advanced in its stewardship of the highly anticipated
Montego Bay Perimeter Road Project (MBPRP) under its Design-Build contract with the China
Harbour Engineering Company Limited. The project was at approximately 55% completion at
December 31, 2024 with an expected date of completion slated for May 2026.
NROCC projects a net loss of $576.02 million
The Port Authority of Jamaica (PAJ) was established under the Port Authority Act of 1972. Its
mission is to develop and regulate world class facilities and services that ensure sustainable
growth of Jamaica’s maritime industry and maximum satisfaction to all stakeholders. PAJ is
also the designated authority to ensure that the seaports are secured in a manner which is always
consistent with internationally acceptable security standards.
PAJ’s capital budget of $7,519.69 million will fund several key projects in 2025/26. These include completing the restoration of Ocho Rios Berth 2 (damaged in February 2024) to ensure safe ship docking and passenger disembarkation, and finishing the Montego Bay Berth 2 pavement rehabilitation to enhance operational efficiency and support cruise-cargo coexistence.
PAJ will also advance infrastructure planning for the Caymanas Special Economic Zone (CSEZ), a logistics, manufacturing, and commercial hub in St Catherine, and develop a master plan and feasibility assessment for a 12-acre commercial development in Montego Bay.
PAJ projects a surplus of $2,861.45 million
