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Climate Change Chronicles XV11 
But first a message from your sponsor:
O'Brien wants to lift the image of West Kingston
"How do you attract young people to come down there and set up their businesses? Well, no public tax would be a great one, and probably reduced prices for utilities would be another one ... maybe a discount of 25 or 30 per cent on every thing, including water, electricity, and garbage collection -- the main costs of running a business. If you have that package of incentives you can transform the place. "If you were in any major city in the world today, the government always has incentives to do urban renewal," he said.
Aside from the introduction and development of economic projects, O'Brien also wants social conditions, in particular housing, to be part and parcel of the overall thrust to securing better conditions. "It would be a great place to live. You have to build homes there. You just can't have commercial businesses alone -- there has to be somewhere where people live as well. There needs to be a holistic plan like the creation of a housing estate," he stated, elaborating that by creating a housing estate, there would not be a need to build new houses, but renovate existing stock.
"I would encourage Jamaicans to go and buy property down there because it's gonna be fantastic for the wider economy. "When you see a stock market move the way yours does that's the first sign of belief in your economy and investors overseas now buying Jamaica companies is the first sign that, wow, there is about to be a surge of investment into Jamaica," O'Brien said.
But first a message from your sponsor:
Don1 It is not really about the Irishman paying for it.
It starts with the creation of a comprehensive plan for the redevelopment of the entire downtown area...to be performed in stages. The plan should have integrated business/cultural & residential elements...and a strong Business Improvement District organization for all stakeholders to manage the zone (not KSAC)
If that is done and appropriately packaged to foreign & local private investors accompanied by great tax/accelerated depreciation incentives...and a big community security element... Only then is there the makings of something truly transformational & sustainable.
It starts with the creation of a comprehensive plan for the redevelopment of the entire downtown area...to be performed in stages. The plan should have integrated business/cultural & residential elements...and a strong Business Improvement District organization for all stakeholders to manage the zone (not KSAC)
If that is done and appropriately packaged to foreign & local private investors accompanied by great tax/accelerated depreciation incentives...and a big community security element... Only then is there the makings of something truly transformational & sustainable.
O'Brien wants to lift the image of West Kingston
"How do you attract young people to come down there and set up their businesses? Well, no public tax would be a great one, and probably reduced prices for utilities would be another one ... maybe a discount of 25 or 30 per cent on every thing, including water, electricity, and garbage collection -- the main costs of running a business. If you have that package of incentives you can transform the place. "If you were in any major city in the world today, the government always has incentives to do urban renewal," he said.
Aside from the introduction and development of economic projects, O'Brien also wants social conditions, in particular housing, to be part and parcel of the overall thrust to securing better conditions. "It would be a great place to live. You have to build homes there. You just can't have commercial businesses alone -- there has to be somewhere where people live as well. There needs to be a holistic plan like the creation of a housing estate," he stated, elaborating that by creating a housing estate, there would not be a need to build new houses, but renovate existing stock.
"I would encourage Jamaicans to go and buy property down there because it's gonna be fantastic for the wider economy. "When you see a stock market move the way yours does that's the first sign of belief in your economy and investors overseas now buying Jamaica companies is the first sign that, wow, there is about to be a surge of investment into Jamaica," O'Brien said.
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