Gov’t lands in New Kgn to be sold ..wonda who di lucky one

[evanovitch]

Thursday, 19 November 2009

Cabinet has approved the sale of lands in New Kingston to Pan Jamaican Investment Trust Limited.

The property, which is situated on the Knutsford Park Lands, will be used to construct a hotel as well as residential and office space.

<span style="font-weight: bold">It will be sold for $454 million.</span>

According to Daryl Vaz, Information Minister, the development will coincide with plans by the Urban Development Corporation (UDC) for that section of the Corporate Area.

&quot;The proposed Pan Jamaica development is consistent with the principles informing the preparation of the UDC's development plan for new investment in the Liguanea land area of New Kingston's business district. The proposal will also complement the existing cluster of hotels in the area offering additional and diversified hotel rooms.

&quot;Cabinet gave approval for the sale to <span style="font-weight: bold">Pan Jamaican Investment Trust Limited </span>after muchconsideration,&quot; said Mr. Vaz at Wednesday's post Cabinet press briefing.

[sistactry]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

great news, u see downtown lately, raatid, u wudda tink a wall street u deh~~

[RichD]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

is pan jamaican lalor an company?

[evanovitch]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

Facey's name all ovah the board etc soooooooooooo

[sistactry]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

Facey Commodity?

a who dem, jcan???

[RichD]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SistaCtry</div><div class="ubbcode-body">Facey Commodity?

a who dem, jcan??? </div></div> yes

[sistactry]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

sweet!!

[Panajar]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

FACEY.. INTERESTING. In a small poor country like Jamaica, government should strive to keep such prime real estate like new Kingston, in the hands of the people/government. Jamaica is a, financially top heavy society, where the rich will always get richer, with the aid of the government .while the poor stay poorer .Why is this government and the previous one seems hell bent, on selling off the assets of the people to the few elites?

[RichD]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

do they have a choice? i thought these were the people who called the shots?

[Peasie]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Panajar</div><div class="ubbcode-body">Why is this government and the previous one seems hell bent, on selling off the assets of the people to the few elites? </div></div> Because poor people are not buying in New Kingston like they used to. Crime, I hear.

[Panajar]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">do they have a choice? i thought these were the people who called the shots? </div></div>

You do have a point ,but government is supposed to work for the people, not just for the few elites.When deals like these occurs it make me appreciate some of the polices, that Micheal Manley tried to implement in the 70s and Chavez has adopted some of these policies also.

[RichD]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

but yuh si start to use words like socialism or communism or marxism to decry it so peopel get scared ..they prefer to feel like they are being robbed blind of their own free will.

[Dr.Dudd]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SistaCtry</div><div class="ubbcode-body">Facey Commodity?

a who dem, jcan??? </div></div> yes </div></div> In name only. They are all British, setting up the country for the return of colonialism. they are members of the group that take more from the taxpayers, while they blame the little stooge blackman them.

[Dr.Dudd]

Re: Gov’t lands in New Kgn to be sold ..wonder who did lucky one

As it is the government does not have a choice.

That is how it is.

It is either them or another member of the ruler posse.When they get away with these robbery you hear only good stories about it, But when the government cut up lands and sell to people to live they use the ownership and control of the media to lambast the government over it. Jamaica is one big transaction of given the rulers what they want and blame the common people for the destruction of the country. <div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Rich</div><div class="ubbcode-body">do they have a choice? i thought these were the people who called the shots? </div></div>

[RichD]

Re: Gov’t lands in New Kgn to be sold ..wonda who di lucky one

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SistaCtry</div><div class="ubbcode-body">Facey Commodity?

a who dem, jcan??? </div></div> yes </div></div> In name only. They are all British, setting up the country for the return of colonialism. they are members of the group that take more from the taxpayers, while they blame the little stooge blackman them. </div></div> what allegiance do they hold to Britain?