Business

New Ministry of Foreign Affairs building nearing completion

Wednesday, September 26, 2018

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Construction of the new 11-storey Ministry of Foreign Affairs and Foreign Trade on Port Royal Street, downtown Kingston, is nearing completion.

The project is valued at $3.968 billion of which approximately $3.267 billion is being funded by a grant from the People's Republic of China and is on track for completion by December 2018.

The Government of Jamaica is providing funds for the coastal protection works and infrastructure works including water, sewerage and storm-water drainage which are being managed by the National Works Agency.

The Ministry of Economic Growth and Job Creation (MEGJC) is providing oversight for the project while the UDC is carrying out project management, technical support duties and landscaping works.

Oversight is being coordinated through the Ministry of Finance with Jiangsu Jiangdu Construction Group Ltd as the main contractor.

The project forms another element of the ongoing redevelopment of the downtown Kingston Business District which is also benefiting from the completion of the nearby Grace Kennedy headquarters and Caribbean Place (formerly Oceana Hotel) on real estate sold by the UDC and the Victoria Pier property which was leased by the UDC to Yosamini Holdings Ltd and rehabilitated by that entity.

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