Understand more about the process…
The main objective for the Port Authority is acquiring land for development projects rather than divesting lands.
Section 4 of the Port Authority Act provides that the PAJ has “power to acquire, hold and dispose of property…” The Act also provides that policy directions are given to the PAJ (Board) by the Minister currently the Minister responsible for the Ministry of Economic Grown & Job Creation.
Directives are guided by the Policies of the Government of Jamaica.
The current governance structure of the PAJ with respect to Land Divestments is as follows:
Review of PAJ’s Land Bank by Management of PAJ
The Land Bank is created by virtue of acquisition of lands for development projects related to PAJ’s function. These functions relate to development, improvement and the regulation of ports and port facilities and ancillary and related functions. The developments are strategically planned for a 5 to 30-year planning cycle.
Withdrawal/Divestment from the Land Bank
Considerations for withdrawal from the Land Bank are as follows: situations:
i. Divestment by Government: This may be done by way of direct land swap or reclamation, etc.
ii. By way of Gift for example where there is continued squatting on not being used by PAJ for example certain lands in Portland.
Divestments with respect to (i) and (ii) above are done in conformity with established Government policies and procedures.
iii. Divestments by Sale after due consideration is given to the usefulness of the land for PAJ purposes.
iv. Divestment by Sale/Long-term Lease
a) Partnerships - This is usually done by utilizing GOJ’s Public Private Participation (PPP) Policy Structures
b) Public Advertisement - Lands are advertised for sale publicly in the print media.
c) Private Treaty - This is where the PAJ’s development would entail partnership with persons with common interest with PAJ.
Governance
The governance procedure is as follows:
- A Submssion is presented to the Board;
- A Submission is made to the Minister based on decision of the Board;
- Implementation of the directive by the President through the Senior Manager, Property Services in the Legal, Regulatory & Corporate Affairs Department of the Port Authority.
Pay the relevant Processing Fees…
There is no fee associated with submitting your initial unsolicited EOI to lease PAJ lands.
Processing Time:
- Lease Agreement - three (3) months
Once the PAJ is satisfied that everything is in order, then an Agreement is issued for your signature.
At the end of the process you will receive the following:
