By the time Seprod Limited completes the build-out of its logistics centre, the company would have shelled out at least $2.5 billion to set up the distribution hub, according to CEO Richard Pandohie.
The first tranche of $1 billion has already been spent on new warehousing space at the rear of the Seprod plant at Marcus Garvey Drive in Kingston’s industrial belt. Another $1 billion of financing is currently in hand to continue the development of the logistics hub, which, once complete, will stretch from the intersection of Felix Fox Boulevard to the spot housing Seprod’s plant.
http://jamaica-gleaner.com/article/b...-campus-seprod
The first tranche of $1 billion has already been spent on new warehousing space at the rear of the Seprod plant at Marcus Garvey Drive in Kingston’s industrial belt. Another $1 billion of financing is currently in hand to continue the development of the logistics hub, which, once complete, will stretch from the intersection of Felix Fox Boulevard to the spot housing Seprod’s plant.
http://jamaica-gleaner.com/article/b...-campus-seprod