New Police Headquarters to be Built in Downtown Kingston

first_img National Security Minister, Hon. Dr. Horace Chang, says a new “built-for-purpose” headquarters for the Jamaica Constabulary Force (JCF) will be constructed in downtown Kingston. He advised that the facility, which will accommodate over 2,500 police officers, is to be built on 40 acres of land in an area referred to as ‘No Man’s Land’. Story Highlights “It will be home to all the non-geographic formations of the specialised units, such as Narcotics, National Intelligence Bureau (NIB) and Counter-Terrorism and Organised Crime Investigation Branch (C-TOC), among others. This multifaceted headquarters will have customer-friendly reception areas (and) green spaces to ensure a strong community interface. This will represent the transformative approach the Government is taking to build the new Jamaica,” Dr. Chang said. National Security Minister, Hon. Dr. Horace Chang, says a new “built-for-purpose” headquarters for the Jamaica Constabulary Force (JCF) will be constructed in downtown Kingston.He advised that the facility, which will accommodate over 2,500 police officers, is to be built on 40 acres of land in an area referred to as ‘No Man’s Land’ (near Rema in South St. Andrew).“It will be home to all the non-geographic formations of the specialised units, such as Narcotics, National Intelligence Bureau (NIB) and Counter-Terrorism and Organised Crime Investigation Branch (C-TOC), among others. This multifaceted headquarters will have customer-friendly reception areas (and) green spaces to ensure a strong community interface. This will represent the transformative approach the Government is taking to build the new Jamaica,” Dr. Chang said.The Minister made the announcement during his presentation in the 2019/20 Sectoral Debate, which got under way in the House of Representatives on Tuesday (April 16).Dr. Chang said the facility’s construction in the heart of downtown Kingston will complement the Government’s overall plan to revive and reposition the capital city as a leading business district that is safe and orderly.He said No Man’s Land will be transformed into a shining beacon in the city and will elevate the space to represent a ray of hope, peace and prosperity.The Minister assured that residents will not be dislocated, adding that the National Housing Trust (NHT) will undertake to ensure coverage for all socio-economic groupings in the region.“There will be new jobs in the area, and we expect that as downtown Kingston returns to its primacy, we will see various segments of the population working there. We expect homes [to be built]… for attendants, cleaners, lawyers, doctors and business leaders, [with] all being able to live together around a shared, peaceful urban space,” he said.Meanwhile, Dr. Chang advised that Mobile West will be constructed in Montego Bay, St. James, to provide quality residence for 400 police professionals, with state-of-the-art equipment and appropriate furnishings to enhance their capacity.“The Government undertakes these significant projects as an investment to secure the peace and safety of future generations. We will get rid of the gangs, dons and their facilitators that continue to wreak havoc in the communities and our public spaces,” he underscored.last_img read more

DryShips Inks New Loans Disposes of Panamax Bulker

first_imgzoom Athens-based drybulk shipping firm DryShips has received two firm commitments for senior secured credit facilities of up to an aggregate of USD 125 million.The facilities will be secured by the company’s four tanker vessels and two Kasmarmax and one Panamax drybulk vessels and will have a tenor of five and six years, respectively.Both facilities, received from two commercial lenders, will bear an interest rate of LIBOR plus margin, will be repayable in quarterly installments and will have customary financial covenants.The facilities remain subject to definitive documentation.Additionally, the company infromed that it reached an agreement to dispose of its 2001-built Panamax vessel, the Ecola, to an unaffiliated buyer.Sold for total gross proceeds of USD 8.5 million, the bulker is scheduled for prompt delivery to the buyer.“This year has been transformational for DryShips. We continue to execute on our business plan with the support of our lenders, which is a testament to the strength of the company’s balance sheet,” George Economou, DryShips’ Chairman and Chief Executive Officer, said.last_img read more