More space for BPO sector
Factories Corporation of Jamaica Limited (FCJ) is to spend $705 million this fiscal year on capital works, which will include the construction of 120,000 square feet of additional space in Naggo Head, St Catherine.
In addition, the FCJ is to retrofit approximately 66,000 square feet of existing factory space at the Montego Bay Free Zone for use in the information communication technology/business process outsourcing (BPO) sectors.
Similarly, the Montego Bay Free Zone says it plans to continue focusing on being the leading provider of space that supports the BPO sector in Jamaica. The entity said it intends to expand its operations through the construction of 63,000 square feet of rentable space.
"The projected development will partially satisfy the increased demand for space from existing and prospective operators in the BPO sector," the entity said.