Prime Minister Andrew Holness is insisting the concession signed for the management of Norman Manley International Airport does not mean the government is selling the country’s assets.
He gave the assurance while speaking this morning at the official signing of the agreement between Jamaica and Grupo Aeropuertario del Pacifico GAP).
The airport will now be operated by GAP through a public-private partnership with the Jamaican government.
Prime Minister Holness also revealed that the long-awaited runway expansion at Norman Manley is to take place under the agreement.
The signing comes after a lengthy bidding process and negotiations led by Chairman of the Norman Manley International Airport Enterprise Team, P.B. Scott.
Prime Minister Holness is assuring Jamaicans that the government would be able to follow the regulatory process in enforcing the concession agreement if the terms aren’t met.
The Prime Minister also says the partnership with GAP does not mean the government is selling the country’s assets.
Mr. Holness says this partnership will create many benefits for the country and has taken a burden off the public purse to manage the airport.
Meanwhile, the Prime Minister says this successful public-private partnership will contribute to positioning Jamaica in the sight of overseas investors.