Sun | Oct 17, 2021

Opposition to be no show at Kingston Container Terminal divestment signing today

Published:Tuesday | April 7, 2015 | 8:42 AM

The Opposition is expected to be a no show this morning when the Government signs a concession agreement to divest the Kingston Container Terminal (KCT).

The signing ceremony is slated for 10:30 at the Ministry of Transport.

The deal is between the Port Authority of Jamaica and Terminal Link Consortium.

However, the Opposition spokesman on Transport, Mike Henry, says he will not attend because the Government has failed to respond to his questions about the impending divestment.

He says the public must get answers about how arrangements for pension and redundancy payments amounting to some $2 billion will be dealt with.

The Shipping Association of Jamaica had also raised concerns about the divestment process.

Both the Port Authority and the Transport Ministry have declined to answer questions posed by The Gleaner on the matter.

The Ministry says Dr Omar Davies will make a statement on the matter in Parliament, but has not said when that will be done.

The deal with Terminal Link Consortium is long-term concession agreement to finance, expand, operate and maintain the KCT.