A spike in demand for factory space by micro, small and medium entities, MSMEs, over the past three years has fast-tracked plans by the Factories Corporation Jamaica, FCJ, to expand the Garmex Free Zone and Commercial Complex in Kingston for leasing.
The FCJ recently broke ground for the construction on Phase 1 of the Garmex Redevelopment and Expansion project, which will cover a total of 126,000 square feet. But that space only represents little over a quarter of 470,000 square feet in requests the FCJ received last year.
“We are particularly interested in the manufacturing and agro-processing sectors. This is in an effort to increase productivity and, create jobs, not just within the factory but through the linkages among our farmers,” chairman of the FCJ, Lyttleton ‘Tanny’ Shirley, said via email in response to queries from the Financial Gleaner.
http://jamaica-gleaner.com/article/b...space-microbiz
The FCJ recently broke ground for the construction on Phase 1 of the Garmex Redevelopment and Expansion project, which will cover a total of 126,000 square feet. But that space only represents little over a quarter of 470,000 square feet in requests the FCJ received last year.
“We are particularly interested in the manufacturing and agro-processing sectors. This is in an effort to increase productivity and, create jobs, not just within the factory but through the linkages among our farmers,” chairman of the FCJ, Lyttleton ‘Tanny’ Shirley, said via email in response to queries from the Financial Gleaner.
http://jamaica-gleaner.com/article/b...space-microbiz