Wednesday, April 15, 2026
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HomeNewsCaribbean NewsJamaica Port Authority to spend $10.5 billion on capital projects

Jamaica Port Authority to spend $10.5 billion on capital projects

By Latonya Linton

KINGSTON, Jamaica, (JIS) – The Port Authority of Jamaica (PAJ) is projecting to spend approximately $10.5 billion on a capital expenditure programme during the new financial year to support several transformative infrastructure projects.

Among the projects is the Caymanas Special Economic Zone (CSEZ), which is expected to attract international investment. The information is outlined in the 2026/27 Public Bodies Estimates of Revenue and Expenditure, which is before the House of Representatives.

The CSEZ will support the growth of value-added logistics services, including packaging, labelling and assembly, thereby strengthening Jamaica’s trade and logistics ecosystem.

During the new financial year, the PAJ will complete land acquisition to facilitate the commencement of infrastructure works. Other projects include completing the design and securing approvals for the new light tower at Portland Cottage, Clarendon, which will serve as a critical navigational aid, alongside continued rehabilitation of lighthouse infrastructure across the island.

In addition, PAJ plans to begin eliminating the physical bill of lading from the import cargo clearance procedures, a digital initiative expected to improve processing times, reduce administrative burdens, and enhance overall efficiency within the port system.

Meanwhile, the document noted that resilience remains a key priority of PAJ. Hurricane Melissa caused significant damage to cruise terminals in Montego Bay, Falmouth, and Ocho Rios, resulting in the temporary suspension of cruise calls and rerouting of itineraries.

“Recovery and rehabilitation works were completed, with full resumption of cruise operations as of mid-December 2025. Despite the disruption, cruise tourism is expected to maintain stable performance during the 2025/26 financial year, with an estimated 1.33 million passenger arrivals, representing a 14 percent increase over the previous financial year, while the 2026/27 financial year is projected to see 1.21 million arrivals,” the document said.

The PAJ was established under the Port Authority Act of 1972.

Its mission is to develop and regulate world-class facilities and services that ensure sustainable growth of Jamaica’s maritime industry and maximum satisfaction to all stakeholders.

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