Sat | Jul 21, 2018

Shaw, Henry in China for southcoast project signing

Published:Monday | February 13, 2017 | 1:52 PM
Finance and Public Service Minister, Audley Shaw.

Finance and Public Service Minister, Audley Shaw and Transport and Works Minister, Michael Henry are leading a team for a week-long visit to China to advance economic co-operation between the Southeast Asian country and Jamaica.

During the visit, they are expected to sign an agreement with China Ex-Im Bank for the construction of the southeast coastal highway project, which is expected to cost approximately US$384 million, according to a release from the Ministry of Finance.

Business meetings have also been scheduled with China Development Bank, China Ex-Im Bank, China Construction Company, China Harbour Engineering Company, PowerChina, China-LAC Co-operation Fund and Jiuquan Iron and Steel Company.

Shaw and the team are expected to pay courtesy calls on China’s Minister of Finance and Minister of Transport.

Accompanying them are Minister of State in the Ministry of Economic Growth and Job Creation, Daryl Vaz and a team of special and technical advisers, including Senator Aubyn Hill, Chief Technical Advisor to the Finance Minister.