UDC to focus on projects that will spur economic growth - Knight
Rasbert Turner, Gleaner Writer
The Urban Development Corporation (UDC) is to undertake several projects that is expected to assist in spurring economic growth, according to its chairman, Senator K.D. Knight.
Speaking at a function to honour 54 persons for their services to eastern St Catherine in the parish capital, Spanish Town yesterday, Knight revealed that the UDC will be focusing on developing towns across the island. Without providing details, he said some work has begun and that more will be done to develop the unique offerings of each parish, including the micro and small business sectors.
The UDC chairman said more will also be done to improve Kingston as a tourist destination; particularly Port Royal, which according to him, is a ‘sleeping giant’ in the island's tourism sector. He promised that the historical city will be spruced up and properly marketed as an attraction. This, he said, would be done in close collaboration with the Tourism Product Development Company and other agencies.
Knight said the UDC is also contributing to the development of the much-touted US$8 billion global logistics hub. According to him, the hub will not only improve trade, but it will also create sustainable jobs for the population.
The hub is key to positioning the island to take advantage of the increased traffic that is to come from the expansion of the Panama Canal to be completed in 2015.
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