Investment Minister, Anthony Hylton, says he’s unable to say whether the information provided to the government by Krauck Systems and Anchor Finance Group is satisfactory.
While refusing to comment further on the matter, Minister Hylton says he has not seen the information provided by the two companies seeking to invest USD $5-billion in Jamaica’s logistics hub.
An MOU was signed between the two potential investors and the government allowing for a 30-day period for them to provide additional information to prove their ability to undertake investments in the logistics hub.
That period expired last week Thursday.
Cabinet is expected to make an announcement on whether the government will be proceeding with the planned investments by Krauck Systems and Anchor Finance shortly.