The Urban Development Corporation (UDC) said on Thursday that it is now in receipt of a bid for land tendered for sale in Hanover, which it hopes will become a medical tourism facility or resort.
In August, the corporation placed on the market 40 hectares of land in Ireland Pen, which it suggested might suit the purpose of medical tourism.
Now it says a potential investor has responded with the proposal to establish a medical tourism facility, but that it does not intend to reveal the identity of the bidder at this stage.
"The offer is being reviewed," the agency's corporate affairs and marketing department said in a response to Financial Gleaner queries.
The Ireland Pen lot is from the UDC's Ireland Pen holdings.
"You may recall when the corporation was created in 1968, it was tasked with the mandate of managing various land assets on behalf of the Government of Jamaica to be divested when and where it is needed in the context of national priorities," the agency said.
The UDC said it was pursuing "outright sale of the land for a purchaser to undertake a development compatible with the recommended land use for the area."
The corporation advertised the site for investment in medical and wellness tourism, resort commercial, or a resort residential project.
"Those development options are considered to be in line with the highest and best use of the site," the UDC said.
While the Jamaican Government has expressed an interest in developing a medical tourism industry, the concept is one in embryo, with no internationally accredited facilities in place as yet. Jamaica Promotions Corporation said, however, that many local doctors are certified to practise internationally.
The deadline for the submission of proposals for the acquisition of the land in Ireland Pen expired on Friday, August 16.