Montego Bay Conference Limited, a wholly owned subsidiary of the Urban Development Corporation (UDC) has signed an agreement with the international company SMG to market and manage the Montego Bay Convention Centre, located in Rose Hall, St. James. The agreement which was signed on January 5, 2011, after months of negotiations will be in effect for a seven year period in the first instance, with the option to renew for an additional three years.
Telecommunications giant LIME, the RJR Group of companies, Allied Insurance Brokers and GraceKennedy Limited lead the private sector support for the Urban Development Corporation (UDC) staged Fireworks on the Kingston Waterfront, which will be held on News Years Eve Friday, December 31, 2010.
Other private sector partners, Singer, RBTT and the Jamaica Biscuit Company join with Development Bank of Jamaica, National Housing Trust, Port Authority of Jamaica, and Kingston and St. Andrew Corporation to ensure the staging of what has become a calendar event.
The Urban Development Corporation (UDC) officially launched the UDC “2010/2011 Blue Flag Programme” on Friday, December 10, at Ocho Rios Bay Beach in St. Ann. Three UDC beaches are now Blue Flag certified. These include Ocho Rios Bay in St. Ann, the first beach in the parish to receive this certification and Long Bay Beach Park 1 and Bluefields Beach, both located in Westmoreland.
National Hotels and Properties Limited (NHP), a wholly-owned subsidiary of the Urban Development Corporation (UDC), has today completed the sale of its 71,865,384 ordinary stocks units or 59.81% of the issued shares in Pegasus Hotels of Jamaica Limited (PHJL) to hotelier Mr. Kevin Hendrickson for the amount of US$11 million. The share sale and purchase transaction, which is the culmination of a public bidding process in which Mr. Hendrickson was the successful bidder, has been approved by Cabinet.
The Urban Development Corporation (UDC) launched the Tax Incentive Programme for Urban Renewal (TIP) in Spanish Town at Emancipation Square on Wednesday, October 27. Introduced to Spanish Town during 2008, the programme was formally launched to increase awareness and to stimulate use in the development of Spanish Town and it’s environs.
The Urban Development Corporation (UDC) managed Jamaica Conference Centre (JCC) is the Caribbean’s leading Meetings and Conference Centre for 2010.
This award was presented at the 17th staging of the World Travel Awards held at Sandals Whitehouse, Westmoreland on October 22, 2010, the culmination of votes from 180,000 travel professionals worldwide.
The Urban Development Corporation (UDC) is currently leading a team of core government agencies to transform the town of Falmouth and its environs as it develops into a cruise ship destination.
The agencies involved in this partnership include the Port Authority of Jamaica, National Works Agency, Tourism Product Development Company, Social Development Commission, Jamaica National Heritage Trust, the Trelawny Parish Council, and the HEART Trust NTA.