Davies Seeks to Revive Ja's Railway

Summary


There have been several initiatives aimed at restarting a railway system in Jamaica but without success. In 1999 a serious attempt was made when Jamaica's government and the Rail India Technical and Economic Services (RITES) Limited signed a Memorandum of Understanding (MOU) to establish a joint venture. The agreement then was for the Government of India to own 30 per cent of the entity, the Jamaican Government 40 per cent, and the remaining 30 per cent would be owned by Jamaican companies.

Among those attending the forum were Chairman of the Gleaner Company and JNBS Oliver Clarke, Sharon Saunders, Jamaican Deputy High Commissioner in London, British MP Dianne Abbott, Ambassador Derrick Heavens, Managing Director of Radio Jamaica, Lester Spaulding and general manager of JNBS, Earl Jarrett.

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Extract


Davies Seeks to Revive Ja's Railway

FINANCE MINISTER, Dr. Omar Davies, has called on Jamaicans in England to look for an investor to revive the island's railway servic...

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