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IMF “recommended” to privatize the Norman Manley International Airport and Kingston Container Terminal

The Airports Authority of Jamaica has received a loan from the European Investment Bank “and is the beneficiary of a subsidy which is being utilized to provide technical assistance and studies related to the planned privatization of the airport.” A request for expressions of interest in the project has been sent out. “This contract is expected to be implemented from 2019 February to 2019 August.” In its recent Article IV Consultation report, the International Monetary Fund (IMF) “recommended” that the government “privatize the Norman Manley International Airport and finalizing [sic] concession of the Kingston Container Terminal.” The IMF also reports that “work on alternative financing products is also ongoing with World Bank support.”

Source: peopleoverprof.it

The government is moving to privatize solid waste management services

The government is moving to privatize solid waste management services, says Prime Minister Andrew Holness. “‘There is an estimated one million tons of waste that is produced annually, of which it is said that 50 per cent is organic material and provides a viable basis for the economic sustainability of a PPP,” said the Head of the Enterprise Team, Lyttleton Shirley. He also said that some policy and legislative changes may be required to support PPP structure. Shirley said that before mid-2018 the enterprise team would be able to recommend more specifics to the Government about a PPP transaction ‘that will be employed to select a reputable private investor to design, build, finance, maintain, and operate the waste collection, transportation and treatment services in a holistic manner, while providing some residual revenue to the Government.’”

Privatization of Norman Manley International Airport

The Airports Authority of Jamaica is inviting Expressions of Interest from bidders to study privatization of Norman Manley International Airport (EOIs are due June 13). AAJ has received a loan from the European Investment Bank for the project, and “is the beneficiary of a subsidy which is being utilized to provide technical assistance and studies related to the planned privatization of the airport.”

Source: peopleoverprof.it